California Public Utilities Code

§ 130531

Name: California Superior Court Tentative Rulings
Creator: DecisionDepot
License: https://creativecommons.org/licenses/by-nc/4.0/

PUC § 130531Div. 12 · Ch. 5 · Art. 4

Notwithstanding any other provision of law:

(a)The commission and its revenues are exempt from all taxes on, or measured by, income.

(b)Bonds issued by the commission are exempt from all property taxation, and the interest on the bonds are exempt from all taxes on income.

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Legislative history

Added by Stats. 1984, Ch. 1646, Sec. 2.