California Revenue and Taxation Code

§ 2326

RTC § 2326Div. 1 · Part 4 · Ch. 3 · Art. 9

Statute text

If a local agency fails to file the report required by Section 2325 by October 15, the Controller, in the succeeding fiscal year, shall reduce by 10 percent or five thousand dollars ($5,000), whichever is less, the payment he is required to make to such agency based on claims filed pursuant to Section 16113 of the Government Code.

Legislative history

Added by Stats. 1973, Ch. 358.