California · Revenue and Taxation Code - RTC

RTC §2266.2: As used in Section 2266, “property tax revenue” includes revenue distributed in the prior fiscal year to local government by the state pursuant to the Timber Yield Tax Law (Part 18.

What this law says, in plain English

This statute defines 'property tax revenue' in Section 2266 to include state distributions to local government from the Timber Yield Tax Law made in the prior fiscal year.

Read the full statutory text

As used in Section 2266, “property tax revenue” includes revenue distributed in the prior fiscal year to local government by the state pursuant to the Timber Yield Tax Law (Part 18.5 (commencing with Section 38101), Division 2).

Verify at the official source: California legislative text

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