Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Other Taxes

Part 6. Private Railroad Car Tax

Chapter 2. Assessments

Article 3. Valuations

Section 11293

11293. Amount of cars. In making an assessment the board shall determine the average number of each class of private railroad cars physically present in the state in the calendar year immediately preceding the fiscal year in which the tax is imposed upon the basis of car days. The board shall multiply the average number so determined by the value of a car of that class as determined under Section 11292 and use the product for the assessment of the cars.

History.—Stats. 1974, Ch. 54, p. 118, in effect January 1, 1975, substituted "an assessment" for "assessments", substituted "number of each class" for "amount", substituted "physically present" for "habitually", added "in the year immediately preceding the year in which the tax is imposed" after "in the state", substituted "car days" for "track mileage", and substituted the balance of the first sentence after "car days" for "or such other factors or combination thereof as may be reasonably calculated to establish the situs of such private cars"; and substituted the last sentence for the former last sentence regarding the amount to be used as the basis for assessment. Stats. 1978, Ch. 1209, in effect January 1, 1979, added "railroad" between "private" and "cars". Stats. 1995, Ch. 220, in effect July 31, 1995, added "calendar" after "state in the", added "fiscal" after "preceding the", deleted "car mileage," after "the basis of", and deleted ", or such other data as would tend to establish this average" after "car days" in the first sentence; deleted "full cash" after "determined by the", substituted "of" for "for" after "value", added "as determined . . . 11292" after "that class", deleted "as the basis" after "product" and substituted "cars" for "property" after "assessment of the" in the second sentence.