Laws, Regulations & Annotations
Business Taxes Law Guide – Revision 2010
Tax on Insurers Law
Chapter 3. All Insurance Other Than Ocean Marine.
Article 1. General*
12207. Disallowed tax credit. (a) Notwithstanding any other provision of this part, no credit shall be allowed under Section 12206, 12208, or 12209 against the tax imposed on Medi-Cal managed care plans pursuant to Section 12201.
(b) This section shall remain in effect only until January 1, 2011, and as of that date is repealed.
History.—Added by Stats. 2009, Ch. 157 (AB 1422), in effect September 22, 2009.
* The title of Article 1. Tax Base, commencing with former Section 12251 was amended to its present form by Stats. 1961, p. 1981, operative January 1, 1962.