California Statutes
§ 17275.6. — 17275.6. (Added by Stats. 2024, Ch. 34, Sec. 22.)
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. 6. ARTICLE 6. Deductions
(a)For contributions made on or after January 1, 2024, the amendments made by Section 605(a)(1) of Public Law 117-328 adding paragraph (7) to Section 170(h) of the Internal Revenue Code, relating to limitation on deduction for qualified conservation contributions made by passthrough entities, shall apply, except as otherwise provided.
(b)Section 170(h)(7)(G) of the Internal Revenue Code, relating to regulations, as added by Section 605(a)(1) of Public Law 117-328, shall not apply.
(c)For contributions made on or after January 1, 2024, the amendments made by Section 605(a)(3) of Public Law 117-328, relating to extension of statute of limitations for listed transactions, shall
apply and are modified by substituting “Section 19755” for “sections 6501(c)(10) and 6235(c)(6) of such Cod
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California § 17275.6. (17275.6. (Added by Stats. 2024, Ch. 34, Sec. 22.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2024, Ch. 34, Sec. 22. (SB 167) Effective June 27, 2024.