Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2017

Revenue and Taxation Code

Property Taxation

Part 12. Taxation of Racehorses

Chapter 1. General Provisions and Definitions

Section 5717

5717. "Active racehorse." "Active racehorse" means a racehorse which has participated in a horseracing contest on which parimutuel wagering was permitted during the previous calendar year.

History.—Stats. 1972, p. 1228, in effect August 10, 1972, substituted "calendar" for "tax" in the first sentence.