California § 17138.1. 17138.1. (Added by Stats. 2002, Ch. 843, Sec. 1.)

California Statutes

§ 17138.1. — 17138.1. (Added by Stats. 2002, Ch. 843, Sec. 1.)

California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 10. PART 10. PERSONAL INCOME TAX·Ch. 3. CHAPTER 3. Computation of Taxable Income·Art. 3. ARTICLE 3. Items Specifically Excluded from Gross Income

Gross income does not include any amount received as a rebate, voucher, or other financial incentive issued by the California Energy Commission, the Public Utility Commission, or a local publicly owned electric utility, as defined in subdivision (d) of Section 9604 of the Public Utilities Code, for any expenses paid or incurred by a taxpayer for the purchase or installation of any of the following devices:

(a)A thermal system as defined in Section 25600 of the Public Resources Code.

(b)A solar system as defined in Section 25600 of the Public Resources Code.

(c)A wind energy system device that produces electricity.

(d)A fuel cell generating system, as described in the California Energy Commission’s Emerging Renewable Resources Account Guidebook, that produces electricity.

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Gross income does not include any amount received as a rebate, voucher, or other financial incentive issued by the California Energy Commission, the Public Utility Commission, or a local publicly owned electric utility, as defined in subdivision (d) of Section 9604 of the Public Utilities Code, for any expenses paid or incurred by a taxpayer for the purchase or installation of any of the following devices:
(a)
A thermal system as defined in Section 25600 of the Public Resources Code.
(b)
A solar system as defined in Section 25600 of the Public Resources Code.
(c)
A wind energy system device that produces electricity.
(d)
A fuel cell generating system, as described in the California Energy Commission’s Emerging Renewable Resources Account Guidebook, that produces electricity.

California § 17138.1. (17138.1. (Added by Stats. 2002, Ch. 843, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.