California Statutes
§ 24372.3. — 24372.3. (Amended by Stats. 1993, Ch. 877, Sec. 51.)
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)Section 169 of the Internal Revenue Code, relating to amortization of pollution control facilities, shall apply, except as otherwise provided.
(b)The deduction allowed by this section shall be available only with respect to facilities located in this state.
(c)The “state certifying authority,” as defined in Section 169(d)(2) of the Internal Revenue Code, means the State Air Resources Board, in the
case of air pollution, and the State Water Resources Control Board, in the case of water pollution.
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California § 24372.3. (24372.3. (Amended by Stats. 1993, Ch. 877, Sec. 51.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 1993, Ch. 877, Sec. 51. Effective October 6, 1993.