California Revenue and Taxation Code

§ 6012.3

RTC § 6012.3 Effective Jan 1, 2026Div. 2 · Part 1 · Ch. 1

Statute text

(a)For purposes of this part, “gross receipts” and “sales price” do not include that portion of the sales price returned to the purchaser of a used motor vehicle or the purchase price for the purchase of a contract cancellation option pursuant to Section 11713.21 of the Vehicle Code.

(b)This section shall remain in effect only until October 1, 2026, and as of that date is repealed.

Legislative history

Amended by Stats. 2025, Ch. 354, Sec. 6. (SB 766) Effective January 1, 2026. Repealed as of October 1, 2026, by its own provisions. See later operative version added by Sec. 7 of Stats. 2025, Ch. 354.