Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 12. Taxation of Racehorses

Chapter 1. General Provisions and Definitions

Section 5716

5716. "Yearling." "Yearling" means a racehorse which was foaled during the previous calendar year.

History.—Stats. 1972, p. 1227, in effect August 10, 1972, substituted "during the previous calendar year" for "prior to January 1 of the previous tax year" in the first sentence.