Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 12205 — General
Cal. Rev. & Tax. Code § 12205
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 1993-10-11
- Current through
- Nov 2, 2026 (California Legislative Counsel)
It is the intent of the Legislature that the amount of the state low-income housing tax credit allocated to a project pursuant to Section 12206 shall not exceed an amount in addition to the federal tax credit that is necessary for the financial feasibility of the project and its viability…
Citator
Cal. Rev. & Tax. Code § 12205 — General is in force in the current edition of the Code, and nothing recorded condemns it.
It is the intent of the Legislature that the amount of the state low-income housing tax credit allocated to a project pursuant to Section 12206 shall not exceed an amount in addition to the federal tax credit that is necessary for the financial feasibility of the project and its viability throughout the extended use period.