California Government Code

§ 50574

GOV § 50574 Effective Jan 1, 2019Div. 1 · Title 5 · Part 1 · Ch. 2 · Art. 11

Statute text

(a)For purposes of this article, the following terms have the following meanings:

(1)“Designated qualified opportunity zone” means a qualified opportunity zone, as defined in subsection (a) of Section 1400Z-1 of Title 26 of the United States Code, that has received a designation pursuant to that section.

(2)“Qualified opportunity zone business property” has the same meaning as defined in subparagraph (D) of paragraph (2) of subsection (d) of Section 1400Z-2 of Title 26 of the United States Code.

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Legislative history

Added by Stats. 2018, Ch. 380, Sec. 1. (AB 1445) Effective January 1, 2019.