California Government Code 54783 – Interest earned on any bond issued by the county shall at all times …
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Interest earned on any bond issued by the county shall at all times be free from state personal income tax and corporate income or franchise tax.
(Amended by Stats. 1995, Ch. 91, Sec. 54. Effective January 1, 1996.)
Terms Used In California Government Code 54783
- County: includes city and county. See California Government Code 19
- State: means the State of California, unless applied to the different parts of the United States. See California Government Code 18