California Revenue and Taxation Code

§ 60302

RTC § 60302 Effective Sep 28, 1994Div. 2 · Part 31 · Ch. 6 · Art. 2

Statute text

Each determination so made, exclusive of penalties, shall bear interest at the modified adjusted rate per month, or fraction thereof, established pursuant to Section 6591.5, from the last day of the month following the reporting period for which the amount or any portion thereof should have been returned until the date of payment.

Legislative history

Added by Stats. 1994, Ch. 912, Sec. 17. Effective September 28, 1994. Operative July 1, 1995, by Sec. 26 of Ch. 912.