California § 26029. 26029. (Added by Stats. 1980, Ch. 908, Sec. 1.)

California Statutes

§ 26029. — 26029. (Added by Stats. 1980, Ch. 908, Sec. 1.)

California § 26029.

JurisdictionCalifornia

Code PRCPublic Resources Code - PRC

Div. 16.DIVISION 16. CALIFORNIA ALTERNATIVE ENERGY AND ADVANCED TRANSPORTATION FINANCING AUTHORITY ACT

Ch. 1.CHAPTER 1. California Alternative Energy and Advanced Transportation Financing Authority

Art. 3.5.ARTICLE 3.5. Supplemental Bond Provisions

This text of California § 26029. (26029. (Added by Stats. 1980, Ch. 908, Sec. 1.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Resources Code - PRC Code § 26029. (2026).

Text

The authority shall not be required to pay any property taxes or assessments upon, or in respect to, a project or any property acquired by or for the authority under the provisions of this division or upon the income therefrom, so long as the authority holds title to such project or the property or facilities comprised in the project. The exemption of the authority from taxation of any project herein provided shall cease forthwith when title to such property is transferred from the authority to any participating party. The provisions of this section shall not exempt any participating party from taxation including, but not limited to, taxation upon a possessory interest, with respect to any project, or the property or facilities comprised in any project, which may otherwise be applicable to

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The authority shall not be required to pay any property taxes or assessments upon, or in respect to, a project or any property acquired by or for the authority under the provisions of this division or upon the income therefrom, so long as the authority holds title to such project or the property or facilities comprised in the project. The exemption of the authority from taxation of any project herein provided shall cease forthwith when title to such property is transferred from the authority to any participating party. The provisions of this section shall not exempt any participating party from taxation including, but not limited to, taxation upon a possessory interest, with respect to any project, or the property or facilities comprised in any project, which may otherwise be applicable to such participating party.