§ 219. — 219. (Repealed and added by Stats. 1980, Ch. 411, Sec. 8.)

California § 219.

• Jurisdiction: California
• Code RTC: Revenue and Taxation Code - RTC
• Div. 1.: DIVISION 1. PROPERTY TAXATION
• Part 2.: PART 2. ASSESSMENT
• Ch. 1.: CHAPTER 1. Taxation Base
• Art. 1.: ARTICLE 1. Taxable and Exempt Property

Text

For the 1980–81 fiscal year and fiscal years thereafter, business inventories are exempt from taxation and the assessor shall not assess business inventories.

Legislative History

Repealed and added by Stats. 1980, Ch. 411, Sec. 8. Effective July 11, 1980. Operative January 1, 1981, by Sec. 51 of Ch. 411.