California Revenue and Taxation Code

§ 30130.53

RTC § 30130.53Div. 2 · Part 13 · Ch. 2 · Art. 2.5

Statute text

California Healthcare, Research and Prevention Tobacco Tax Act of 2016 Fund.

(a)The California Healthcare, Research and Prevention Tobacco Tax Act of 2016 Fund is hereby established in the State Treasury.

(b)All revenues raised pursuant to the taxes imposed by this article, less refunds made pursuant to Article 1 (commencing with Section 30361) of Chapter 6, shall be deposited into the California Healthcare, Research and Prevention Tobacco Tax Act of 2016 Fund.

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Legislative history

Added November 8, 2016, by initiative Proposition 56, Sec. 4.1.