California Statutes
§ 23740. — 23740. (Repealed and added by Stats. 2000, Ch. 252, Sec. 34.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 11. PART 11. CORPORATION TAX LAW·Ch. 4. CHAPTER 4. Exempt Corporations·Art. 2. ARTICLE 2. Taxation of Business Income of Certain Article 1 Organizations
Section 4911 of the Internal Revenue Code, relating to tax on excess expenditures to influence legislation, shall apply, except as otherwise provided.
(a)Section 4911(a)(1) of the Internal Revenue Code shall not apply.
(b)Section 4911(f)(4)(A) of the Internal Revenue Code shall include efforts to influence legislation with respect to acts, bills, resolutions, or similar items by the State Legislature.
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California § 23740. (23740. (Repealed and added by Stats. 2000, Ch. 252, Sec. 34.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Repealed and added by Stats. 2000, Ch. 252, Sec. 34. Effective January 1, 2001.