California Revenue and Taxation Code

§ 30126

RTC § 30126Div. 2 · Part 13 · Ch. 2 · Art. 2

Statute text

The annual determination required of the State Board of Equalization pursuant to subdivision (b) of Section 30123 shall be made based on the wholesale cost of tobacco products as of March 1, and shall be effective during the state’s next fiscal year.

Legislative history

Added November 8, 1988, by initiative Proposition 99. Operative January 1, 1989, by Section 30128.