California Revenue and Taxation Code

§ 20635

RTC § 20635Div. 2 · Part 10.5 · Ch. 3

Statute text

The Controller shall reduce the amount postponed pursuant to this chapter by the amounts of any payment received for that purpose and by notification by the Franchise Tax Board of assistance payable pursuant to Chapter 1 (commencing with Section 20501). The Controller shall increase the amount postponed to reflect subsequent postponement payments pursuant to this chapter and accrued interest.

Legislative history

Added by Stats. 1978, Ch. 43.