California Revenue and Taxation Code

§ 6201.4

RTC § 6201.4 Effective Jul 16, 1991Div. 2 · Part 1 · Ch. 3 · Art. 1

Statute text

(a)Section 6201.3 shall be operative with respect to the storage, use, or other consumption in this state of tangible personal property purchased from any retailer on and after July 15, 1991, but shall cease to be operative during any period described in subdivision (c) or (d).

(b)On or before November 1, 1993, and on or before every November 1 thereafter, the Director of Finance shall determine and certify to the Governor, the Legislature, and the board both of the following:

(1)Whether the amount in the Special Fund for Economic Uncertainties, as established pursuant to Section 16418 of the Government Code, as of June 30 of the prior fiscal year exceeded 4 percent of General Fund revenues for that prior fiscal year.

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Legislative history

Added by Stats. 1991, Ch. 117, Sec. 7. Effective July 16, 1991.