Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 23610.4 — Tax Credits

Cal. Rev. & Tax. Code § 23610.4

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1990-09-26
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 23610.5 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 § 23610.4 — Tax Credits 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 23610.5 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.