California Revenue and Taxation Code

§ 6010.8

RTC § 6010.8 Effective Oct 1, 2025Div. 2 · Part 1 · Ch. 1

Statute text

(a)“Sale” and “purchase” do not include any lease or transfer of title of tangible personal property constituting any project to any participating party. As used in this section, “project” has the meaning specified in subparagraph (B) of paragraph (7) of subdivision (a) of Section 26003 of the Public Resources Code and “participating party” has the meaning specified in subparagraph (B) of paragraph (6) of subdivision (a) of Section 26003 of the Public Resources Code.

(b)This section shall become operative on January 1, 2028.

Legislative history

Amended (as amended by Stats. 2019, Ch. 690, Sec. 15) by Stats. 2025, Ch. 211, Sec. 7. (SB 86) Effective October 1, 2025. Operative January 1, 2028, by its own provisions.