California Revenue and Taxation Code

§ 232

RTC § 232Div. 1 · Part 2 · Ch. 1 · Art. 1

Statute text

All cargo containers principally used for the transportation of cargo by vessels in ocean commerce shall be exempt from property taxation. Any tax exemption created by this section shall not apply to a cargo-carrying vehicle subject to the registration provisions of Section 4000 of the Vehicle Code. The term “container” means a receptacle:

(a)Of a permanent character and accordingly strong enough to be suitable for repeated use;

…

Legislative history

Added by Stats. 1974, Ch. 1405. Note: Termination clause in Stats. 1979, Ch. 5, Sec. 3, was deleted by Stats. 1980, Ch. 1115.