Rev. & Tax. Code, § 40177.1 · Article 1. Regulations, Records and Reports
Rev. & Tax. Code, § 40177.1
Text — As published in the Legislative Counsel's database, tables dated October 18, 2026 (pubinfo_2025.zip)
An electric utility’s account is eligible for the managed audit program only if the electric utility meets all of the following criteria:
(a) The electric utility’s business involves few or no statutory exemptions.
(b) The electric utility’s business involves a single or small number of clearly defined taxability issues.
(c) The electric utility is subject to this part and agrees to participate in the managed audit program.
(d) The electric utility has the resources to comply with the managed audit instructions provided by the board.
Notes and commentary — not statutory text
History
Added by Stats. 2014, Ch. 105, Sec. 22. (AB 2009) Effective January 1, 2015.
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=40177.1.
- Text hash
- sha256 1b2eff4b09bd04a92eb77ee11272e73ff5f4c6c60206c606b7ee4019177fdcf1
- 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.