Rev. & Tax. Code, § 24372.3 · Article 1. Deductions
Rev. & Tax. Code, § 24372.3
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
(a) Section 169 of the Internal Revenue Code, relating to amortization of pollution control facilities, shall apply, except as otherwise provided.
(b) The deduction allowed by this section shall be available only with respect to facilities located in this state.
(c) The “state certifying authority,” as defined in Section 169(d)(2) of the Internal Revenue Code, means the State Air Resources Board, in the case of air pollution, and the State Water Resources Control Board, in the case of water pollution.
Notes and commentary — not statutory text
History
Amended by Stats. 1993, Ch. 877, Sec. 51. Effective October 6, 1993.
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=RTC§ionNum=24372.3.
- Text hash
- sha256 096be0999c13b1a69ccef8f7c6b9acfb6dc703cf24f01b78be93891de11ece92
- 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
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Revenue and Taxation Code
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