Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2010
Revenue and Taxation Code
Part 2. Assessment
CHAPTER 1. Taxation Base
Article 1. Taxable and Exempt Property
220. Aircraft being repaired. Any aircraft which is in California on the lien date solely for the purpose of being repaired, overhauled, modified, or serviced is exempt from personal property taxation. This exemption does not apply to aircraft normally based in California, or operated intrastate or interstate in and into California.
History.—Added by Stats. 1955, p. 1082, in effect September 7, 1955, Stats. 1966, p. 656 (First Extra Session), in effect October 6, 1966, substituted "lien date" for "first Monday in March."