Gov. Code, § 54783 · Chapter 6.6. Bonds

Gov. Code, § 54783

Verbatim from the official edition

Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)

Interest earned on any bond issued by the county shall at all times be free from state personal income tax and corporate income or franchise tax.

Notes and commentary — not statutory text

History

Amended by Stats. 1995, Ch. 91, Sec. 54. Effective January 1, 1996.

Source of truth

Edition: As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
Official file: https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV&sectionNum=54783.
Text hash: sha256 de1bfd65bf7e806f642715bef80e9e72a7fe83c23599c59c106c5c33149c1a7d
Composed by: compose_ca.py 2026-10-22: the Legislative Counsel's CAML content files read by a tokenizer (caml_readers.reader_a); an independent xml.etree reading (caml_readers.reader_b) agrees on every section

Procedural information only. Not legal advice and not a substitute for the advice of an attorney. Confirm the current text with the official publisher before relying on it.