California Revenue and Taxation Code

§ 30124

RTC § 30124 Effective Jul 27, 1995Div. 2 · Part 13 · Ch. 2 · Art. 2

Statute text

(a)With the exception of payments of refunds made pursuant to Article 1 (commencing with Section 30361) of Chapter 6, and reimbursement of the State Board of Equalization for expenses incurred in the administration and collection of the tax imposed by Section 30123, pursuant to its powers vested by this part, all moneys raised pursuant to the taxes imposed by Section 30123 shall be deposited into the fund as provided in subdivision (b).

(b)Moneys shall be deposited in the fund according to the following formula:

(1)Twenty percent shall be deposited in the Health Education Account.

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Legislative history

Repealed (in Sec. 3) and added by Stats. 1995, Ch. 194, Sec. 4. Effective July 27, 1995. Section operative July 1, 1996, by its own provisions. Note: Section 30124 originally was added on Nov. 8, 1988, by initiative Prop. 99.