Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24308.4 — Exclusions
Cal. Rev. & Tax. Code § 24308.4
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2022-02-09
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) For taxable years beginning on or after January 1, 2021, and before January 1, 2026, gross income does not include a bill credit or credits received by a customer from a community water system or wastewater treatment provider pursuant to the Water and Wastewater System Payments Under the…
Citator
Cal. Rev. & Tax. Code § 24308.4 — Exclusions is in force in the current edition of the Code, and nothing recorded condemns it.
(a) For taxable years beginning on or after January 1, 2021, and before January 1, 2026, gross income does not include a bill credit or credits received by a customer from a community water system or wastewater treatment provider pursuant to the Water and Wastewater System Payments Under the American Rescue Plan Act of 2021 (Chapter 4.7 (commencing with Section 116773) of Part 12 of Division 104 of the Health and Safety Code).
(b) This section shall remain in effect only until December 1, 2026, and as of that date is repealed.