Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 10. Aircraft Assessment and Taxation

CHAPTER 6. Distribution

Section 5454

5454. Equal distribution between elementary and high school districts. If the aircraft are habitually based in an elementary school district and a high school district, the proceeds allotted to school districts shall be divided equally between the elementary school district and the high school district.

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