Home/California/Statutes/Code RTC: Revenue and Taxation Code - RTC/Div. 2.: DIVISION 2. OTHER TAXES/Part 10.: PART 10. PERSONAL INCOME TAX/Ch. 6.: CHAPTER 6. Accounting Periods and Methods of Accounting/§ 17559.
California Statutes

§ 17559. — 17559. (Amended by Stats. 2025, Ch. 231, Sec. 53.)

California § 17559.
JurisdictionCalifornia
Code RTCRevenue and Taxation Code - RTC
Div. 2.DIVISION 2. OTHER TAXES
Part 10.PART 10. PERSONAL INCOME TAX
Ch. 6.CHAPTER 6. Accounting Periods and Methods of Accounting

This text of California § 17559. (17559. (Amended by Stats. 2025, Ch. 231, Sec. 53.)) 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. Revenue and Taxation Code - RTC Code § 17559. (2026).

Text

(a)Section 451(g) of the Internal Revenue Code, relating to special rule for proceeds from livestock sold on account of drought, is modified by substituting the phrase “drought, flood, or other weather-related conditions, and that those conditions” in lieu of the phrase “drought conditions, and that these drought conditions” contained therein.
(b)This section shall apply to sales and exchanges after December 31, 1996.
(c)This section shall not apply to taxable years beginning on or after January 1, 1998.

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Legislative History

Amended by Stats. 2025, Ch. 231, Sec. 53. (SB 711) Effective October 1, 2025.
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California § 17559., Counsel Stack Legal Research, https://law.counselstack.com/statute/ca/RTC/17559..