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 12243

12243. Exemption. (a) There are exempted from the taxes imposed by this part the total operating revenue of Medi-Cal managed care plans.

(b) This section shall become operative on the date that the Director of Finance makes a notification pursuant to Section 99047 of the Government Code.

History.—Added by Stats. 2011, Ch. 11x1 (ABx1 21), in effect September 16, 2011.

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