California Revenue and Taxation Code

§ 219

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

RTC § 219 Effective Jul 11, 1980Div. 1 · Part 2 · Ch. 1 · Art. 1

Statute text

View on leginfo.ca.gov

For the 1980–81 fiscal year and fiscal years thereafter, business inventories are exempt from taxation and the assessor shall not assess business inventories.

Legislative history

Repealed and added by Stats. 1980, Ch. 411, Sec. 8. Effective July 11, 1980. Operative January 1, 1981, by Sec. 51 of Ch. 411.