California Statutes
§ 24343.1. — 24343.1. (Added by Stats. 2019, Ch. 39, Sec. 23.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 2. DIVISION 2. OTHER TAXES·Part 11. PART 11. CORPORATION TAX LAW·Ch. 7. CHAPTER 7. Net Income·Art. 1. ARTICLE 1. Deductions
(a)The amendments made by Section 13531(a) of the Tax Cuts and Jobs Act (Public Law 115-97) to add Section 162(r) to the Internal Revenue Code, relating to the disallowance of FDIC premiums paid by certain large financial institutions, shall apply, except as otherwise provided.
(b)For purposes of this section, Article 9 (commencing with Section 23361) of Chapter 2 of Part 11 shall not
apply.
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California § 24343.1. (24343.1. (Added by Stats. 2019, Ch. 39, Sec. 23.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 2019, Ch. 39, Sec. 23. (AB 91) Effective July 1, 2019.