Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2014
 

Revenue and Taxation Code

Property Taxation

Part 10. Aircraft Assessment and Taxation

CHAPTER 6. Distribution

Section 5452

5452. One-third each to city, school districts, and county. If the aircraft are habitually based in a city and any school districts, the proceeds shall be distributed one-third to the city, one-third to the school districts, and one-third to the county.

History.—Added by Stats. 1961, p. 3683, in effect September 15, 1961.