Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 197.5 — Earthquake and Fire Disaster Relief

Cal. Rev. & Tax. Code § 197.5

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1989-11-07
Current through
Nov 2, 2026 (California Legislative Counsel)

On or before December 31, 1990, each eligible county shall compute and remit to the Controller for deposit in the General Fund an amount equal to the amount allocated to it by the Controller pursuant to Section 197.4, less the amount of its property tax revenue lost in the 1989–90 fiscal year…

Citator

Cal. Rev. & Tax. Code § 197.5 — Earthquake and Fire Disaster Relief is in force in the current edition of the Code, and nothing recorded condemns it.

On or before December 31, 1990, each eligible county shall compute and remit to the Controller for deposit in the General Fund an amount equal to the amount allocated to it by the Controller pursuant to Section 197.4, less the amount of its property tax revenue lost in the 1989–90 fiscal year with respect to eligible properties as a result of the reassessment pursuant to Section 170 of that property. If the amount computed pursuant to this section for an eligible county is less than zero, the Controller shall allocate that amount to the county.