California Revenue and Taxation Code

§ 100.9

RTC § 100.9 Effective Jan 1, 2003Div. 1 · Part 0.5 · Ch. 6 · Art. 6

Statute text

(a)Notwithstanding any other provision of law and except as provided in subdivision (b), for the 2003–04 fiscal year and each fiscal year thereafter, all of the following apply:

(1)The property tax assessed value of an electric generation facility that is assessed by the State Board of Equalization shall be allocated entirely to the county in which the facility is located, and shall be allocated to that tax rate area in the county in which the property is located.

(2)The tax rate applied to the assessed value allocated pursuant to paragraph (1) shall be the rate calculated pursuant to Section 93.

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Legislative history

Added by Stats. 2002, Ch. 57, Sec. 1. Effective January 1, 2003.