California Revenue and Taxation Code 8508 – After deducting its cost of administering the tax, the State Board of …
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After deducting its cost of administering the tax, the State Board of Equalization shall periodically transmit the net revenues to the commission as promptly as possible. Transmittal of those revenues shall be made at least twice in each calendar quarter.
(Added by Stats. 1997, Ch. 878, Sec. 1. Effective January 1, 1998.)
Terms Used In California Revenue and Taxation Code 8508
- board: means the California Department of Tax and Fee Administration. See California Revenue and Taxation Code 20
- Commission: means the Metropolitan Transportation Commission created by Title 7. See California Revenue and Taxation Code 8501