California Streets and Highways Code

§ 5924

SHC § 5924 Effective Jan 1, 2018Div. 7 · Part 3 · Ch. 29.1

Statute text

A program administrator, contractor, or a third party shall not make any representation as to the tax deductibility of an assessment contract unless that representation is consistent with representations, statements, or opinions of the Internal Revenue Service or applicable state tax agency with regard to the tax treatment of PACE assessments.

Legislative history

Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.