Laws, Regulations & Annotations

Business Taxes Law Guide – Revision 2014
 

Tax on Insurers Law

Chapter 3. All Insurance Other Than Ocean Marine.

Article 4. Basis of Tax for Medi-Cal Managed Care Plans*

Section 12240

TEXT OF SECTION OPERATIVE THROUGH JUNE 30, 2012

12240. "Total operating revenue" as basis of tax. In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.

* Article 4 was added by Stats. 2009, Ch. 157 (AB 1422), in effect September 22, 2009.

TEXT OF SECTION OPERATIVE JULY 1, 2012

12240. "Total operating revenue" as basis of tax. In the case of a Medi-Cal managed care plan, the basis of the tax is, in respect to each year, total operating revenue.

History.—Added by Stats. 2013, Ch. 33 (SB 78), in effect June 27, 2013, but operative July 1, 2012.