Laws, Regulations & Annotations
Property Taxes Law Guide – Revision 2011
Revenue and Taxation Code
Part 2. Assessment
Chapter 5. Special Types of Property
Article 6. Certificated Aircraft*
1150. "Certificated aircraft" defined. As used in this article, "certificated aircraft" means aircraft operated by an air carrier or foreign air carrier engaged in air transportation, as defined in subdivisions (3), (5), (10), and (19) of Section 101 of Title I of the "Federal Aviation Act of 1958" (P.L. 85-726; 72 Stat. 731), while there is in force a certificate or permit issued by the Civil Aeronautics Board of the United States, or its successor, or a certificate or permit issued by the California Public Utilities Commission, or its successor, authorizing such air carrier to engage in such transportation.
Construction.—These sections do not impose a property tax on the value of certificated aircraft operated by an airline, but merely provide an allocation formula to determine the extent to which certificated aircraft are situated, for taxing purposes, in different taxing jurisdictions. American Airlines, Inc. v. San Diego County, 220 Cal.App.3d 164.
* Article 6 was added by Stats. 1968, p. 2460, in effect August 13, 1968.