California Revenue and Taxation Code

§ 6356.5

RTC § 6356.5 Effective Jan 1, 2012Div. 2 · Part 1 · Ch. 4 · Art. 1

Statute text

(a)There are exempted from the taxes imposed by this part the gross receipts from the sale of, and the storage and use of, or other consumption in this state of, farm equipment and machinery, and the parts thereof, purchased for use by a qualified person to be used primarily in producing and harvesting agricultural products.

(b)For purposes of this section, both of the following shall apply:

(1)“Qualified person” means any person engaged in a line of business described in Codes 0111 to 0291, inclusive, of the Standard Industrial Classification Manual published by the United States Office of Management and Budget, 1987 Edition, and any other person that uses farm equipment and machinery to assist this person in the lines of business described in this paragraph in producing and harvesting agricultural products.

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Legislative history

Amended by Stats. 2011, Ch. 727, Sec. 7. (AB 242) Effective January 1, 2012.