California Revenue and Taxation Code

§ 6902.5

RTC § 6902.5 Effective Jun 29, 2024Div. 2 · Part 1 · Ch. 7 · Art. 1

Statute text

(a)For the purposes of this section:

(1)“Qualified taxpayer” means a person who is a qualified taxpayer within the meaning of paragraph (17) of subdivision (b) of Section 17053.85, 17053.95, 23685, or 23695, paragraph (19) of subdivision (b) of Section 17053.98 or 23698, or paragraph (20) of subdivision (b) of Section 17053.98.1 or 23698.1.

(2)“Affiliate” means a qualified taxpayer’s affiliated corporation that has been assigned any portion of the credit amount by the qualified taxpayer pursuant to subdivision (c) of Section 23685, subdivision (c) of Section 23695, subdivision (c) of Section 23698, or subdivision (c) of Section 23698.1.

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Legislative history

Amended by Stats. 2024, Ch. 42, Sec. 5. (SB 175) Effective June 29, 2024.