Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24323 — Other Exclusions

Cal. Rev. & Tax. Code § 24323

Type
Statute
Source
California Revenue and Taxation Code
Jurisdiction
California
Date
1990-09-14
Current through
Nov 2, 2026 (California Legislative Counsel)

Any amount received as a rebate from a local water agency or supplier for any expenses the taxpayer paid or incurred for the purchase or installation of each water conservation water closet that meets the performance standards of the American National Standards Institute Standard A112.19.2 and…

Citator

Cal. Rev. & Tax. Code § 24323 — Other Exclusions is in force in the current edition of the Code, and nothing recorded condemns it.

Any amount received as a rebate from a local water agency or supplier for any expenses the taxpayer paid or incurred for the purchase or installation of each water conservation water closet that meets the performance standards of the American National Standards Institute Standard A112.19.2 and uses no more than 1.6 gallons per flush, shall be treated as a refund or price adjustment of amounts payable to that water agency or supplier.