Revenue and Taxation Code § 24661.5
‹ § 24661.4§ 24661.6 ›Open in browserleginfo ↗24661.5.
Section 451(g)(3) of the Internal Revenue Code, relating to special election rule, is modified by substituting the phrase “subdivision (b) of Section 24949.1” in lieu of the phrase “section 1033(e)(2) ” contained therein.
(Amended by Stats. 2025, Ch. 231, Sec. 111. (SB 711) Effective October 1, 2025.)