California Revenue and Taxation Code

§ 97.46

RTC § 97.46 Effective Jan 1, 2004Div. 1 · Part 0.5 · Ch. 6 · Art. 3

Statute text

Notwithstanding subdivision (d) of Section 97.2 and subdivision (d) of Section 97.3, the revenue deposited in the Educational Revenue Augmentation Fund pursuant to Section 33681.9 of the Health and Safety Code shall be allocated as follows:

(a)To county offices of education, the amount of those revenues that would be allocated pursuant to paragraph (1) of subdivision (d) of Section 97.2 and paragraph (1) of subdivision (d) of Section 97.3 multiplied by 1.85185.

(b)To community college districts, the amount of those revenues that would be allocated pursuant to paragraph (1) of subdivision (d) of Section 97.2 and paragraph (1) of subdivision (d) of Section 97.3 multiplied by 1.85185.

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Legislative history

Added by Stats. 2003, Ch. 757, Sec. 10. Effective January 1, 2004.