Statute · California Revenue and Taxation Code
Cal. Rev. & Tax. Code § 24311 — Exclusions
Cal. Rev. & Tax. Code § 24311
- Type
- Statute
- Source
- California Revenue and Taxation Code
- Jurisdiction
- California
- Date
- 2023-09-13
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) For taxable years beginning on or after September 1, 2020, and before January 1, 2025, gross income does not include grant allocations received by a taxpayer pursuant to the California Microbusiness COVID-19 Relief Program that is administered by the Office of Small Business Advocate…
Citator
Cal. Rev. & Tax. Code § 24311 — Exclusions is in force in the current edition of the Code, and nothing recorded condemns it.
(a) For taxable years beginning on or after September 1, 2020, and before January 1, 2025, gross income does not include grant allocations received by a taxpayer pursuant to the California Microbusiness COVID-19 Relief Program that is administered by the Office of Small Business Advocate pursuant to Article 9 (commencing with Section 12100.90) of Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code.
(b) Section 41 shall not apply to the exclusion allowed by this section.