Is Cal. Rev. & Tax. Code § 24372.3 — Deductions still in force?

Statute · California Revenue and Taxation Code

Cal. Rev. & Tax. Code § 24372.3 — Deductions

Cal. Rev. & Tax. Code § 24372.3

Type: Statute
Source: California Revenue and Taxation Code
Jurisdiction: California
Date: 1993-10-06
Current through: Nov 2, 2026 (California Legislative Counsel)

(a) Section 169 of the Internal Revenue Code, relating to amortization of pollution control facilities, shall apply, except as otherwise provided.

Citator

Cal. Rev. & Tax. Code § 24372.3 — Deductions is in force in the current edition of the Code, and nothing recorded condemns it.

(a) Section 169 of the Internal Revenue Code, relating to amortization of pollution control facilities, shall apply, except as otherwise provided.

(b) The deduction allowed by this section shall be available only with respect to facilities located in this state.

(c) The “state certifying authority,” as defined in Section 169(d)(2) of the Internal Revenue Code, means the State Air Resources Board, in the case of air pollution, and the State Water Resources Control Board, in the case of water pollution.