Business Taxes Law Guide – Revision 2013
 

42486. Chapter not implemented; provisions remaining operative.(a) Except as provided in subdivision (b), the provisions of this chapter shall become inoperative on the date that either of the events described in subdivision (a) or (b) of Section 42485 occurs, and if both occur, the earlier date.

(b) On the date specified in subdivision (a), the provisions of this chapter shall remain operative only for the collection of fees, the liability for which accrued prior to that date, making refunds, effecting credits, the disposition of moneys collected, and commencing an action or proceeding pursuant to this chapter.

History.—Added by Stats. 2004, Ch. 863 (SB 50), in effect September 29, 2004.

³ NOTE.—SEC. 5. of Stats. 2003, Ch. 526 (SB 20), effective January 1, 2004, states, the provisions of this act are severable. If any provision of this act or its application is held invalid, that invalidity shall not affect other provisions or applications that can be given effect without the invalid provisions or application.