California Revenue and Taxation Code

§ 47015

RTC § 47015 Effective Jun 30, 2022Div. 2 · Part 25 · Ch. 2

Statute text

For purposes of this part, the lithium and lithium compounds extracted shall be converted to lithium carbonate equivalent by multiplying the tonnage of lithium and lithium compounds by the appropriate conversion factor, as follows:Lithium or lithium compound:Conversion factor:Lithium (Li)5.323Lithium oxide (Li2O)2.473Lithium chloride (LiCl)0.871Lithium bromide (LiBr)0.425Lithium hydroxide monohydrate (LiOH.H2O)0.880Butyllithium (C4HgLi)0.576Lithium carbonate (Li2CO3)1.000

Legislative history

Added by Stats. 2022, Ch. 63, Sec. 6. (SB 125) Effective June 30, 2022.