Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2011
 

Revenue and Taxation Code

Property Taxation

Part 2. Assessment

CHAPTER 1. Taxation Base

Article 1. Taxable and Exempt Property

Section 232

232. Cargo containers. All cargo containers principally used for the transportation of cargo by vessels in ocean commerce shall be exempt from property taxation.

Any tax exemption created by this section shall not apply to a cargo-carrying vehicle subject to the registration provisions of Section 4000 of the Vehicle Code.

The term "container" means a receptacle.

(a) Of a permanent character and accordingly strong enough to be suitable for repeated use;

(b) Specially designed to facilitate the carriage of goods, by one or more modes of transport, one of which shall be by vessels, without intermediate reloading;

(c) Fitted with devices permitting its ready handling, particularly its transfer from one mode of transport to another;

(d) So designed to be easy to fill and empty; and

(e) Having a cubic displacement of 1,000 cubic feet or more.

History.—Added by Stats. 1974, Ch. 1405, p. 3079, in effect January 1, 1975, operative from the lien date in 1975 to the lien date in 1978, inclusive, and after that date shall have no further force or effect. Stats. 1979, Ch. 5, in effect February 28, 1979, extended operative date to the lien date in 1980. Stats. 1980, Ch. 1115, in effect January 1, 1981, made the exemption permanent.

Note.—Section 2 of Stats. 1974, Ch. 1405, p. 3079, provided that the Legislative Analyst shall report to the Legislature on or before December 31, 1977, on the net revenue effect of the act, which shall include, but not be limited to, the change in economic activity, change of employment, and sales to and by the maritime industry and businesses serving the maritime industry, including any multiplier effect, and the increase in tax revenue due to such activity. Sec. 3 thereof provided for state reimbursement for revenue lost. Stats. 1979, Ch. 5, in effect February 28, 1979, provided that the Legislative Analyst shall report to the Legislature on or before July 1, 1983; that the report shall also include an analysis of the impact of the change in economic activity, etc., on a county-by-county or regional basis, to the extent practicable; and that the report shall contain a recommendation of renewal or repeal of the exemption. Section 1 of Stats. 1980, Ch. 1115, relieved the Legislative Analyst of his obligation to report to the Legislature.