California · Public Utilities Code - PUC

PUC §99507: After deducting its cost in administering the tax, the State Board of Equalization shall transmit the net revenues to the taxing entity periodically as promptly as possible.

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What this law says, in plain English

The State Board of Equalization must deduct administrative costs from tax revenues and send remaining funds to the taxing entity promptly.

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After deducting its cost in administering the tax, the State Board of Equalization shall transmit the net revenues to the taxing entity periodically as promptly as possible. The transmittals shall be made at least twice in each calendar quarter.

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