Revenue and Taxation Code § 24694
‹ § 24693§ 24701 ›Open in browserleginfo ↗24694.
Section 470 of the Internal Revenue Code, relating to limitation on deductions allocable to property used by governments or other tax-exempt entities, shall apply, except as otherwise provided.
(Added by Stats. 2005, Ch. 691, Sec. 71. Effective October 7, 2005.)