Laws, Regulations & Annotations

Property Taxes Law Guide – Revision 2013
 

Revenue and Taxation Code

Property Taxation

Part 12. Taxation of Racehorses

CHAPTER 5. Administration

5781. Rules, regulations, and forms. The State Board of Equalization shall make such reasonable rules and regulations and prepare such forms as are necessary to carry out the intent and purposes of this part.

5782. Reports; time due. On forms provided through the office of the assessor, the owner of a racehorse either in person, through his representative or by mail, shall report the tax due. The reports required by this section may be filed with the tax collector of the county in which the racehorse had its domicile. The reports shall be filed on or before 5:00 p.m. on the day the tax due becomes delinquent.

History.—Stats. 1972, p. 1231, in effect August 10, 1972, substituted "tax collector" for "assessor" and "domicile" for "taxable situs as defined in Section 5723" in the second sentence.

5783. Transfer of taxes to other county. The auditor of the county in which a report is filed shall transfer any taxes paid pursuant to this part belonging to another county as shown on the report, together with a copy of the report, in order that the auditor of any county receiving transferred funds can allocate them in the manner provided for in Section 5790.

History.—Stats. 1983, Ch. 1281, in effect September 30, 1983, substituted "Section 5790" for "Chapter 6 (commencing with Section 5801) of this part" after "for in."

5790. Allocation. All proceeds derived from the tax, interest, and penalties imposed by this part shall be allocated by the auditor as promptly as is feasible in the following manner:

(a) If the domicile of the racehorse was located within a city and any school district, the proceeds from such racehorse shall be distributed one-third to the city, one-third to the school district, and one-third to the county.

(b) If the domicile of the racehorse was located outside of any city but was located within one or more school districts, the proceeds from such racehorse shall be distributed one-half to the school district or districts and one-half to the county.

(c) If the domicile of the racehorse was located in both an elementary school district and a high school district, the proceeds allocable to school districts shall be divided equally between the elementary and high school districts to the exclusion of all other school districts.

The details of the method of allocation shall be supplied by the county auditor and shall fairly carry out the purposes of this section.

History.—Stats. 1972, p. 1231, in effect August 10, 1972, added ", interest, and penalties" to the first sentence of the first paragraph and substituted "domicile of the racehorse" for "taxable situs of the racehorse as defined in Section 5723" in subdivisions (a), (b) and (c). Stats. 1980, Ch. 285, in effect June 30, 1980, operative July 1, 1980, renumbered Section 5801 as 5790 and deleted "shall be approved by the board of supervisors" after "auditor" in the first sentence of the second paragraph of subdivision (c).

Note.—Stats. 1971, p. 3803, provided that money allocated pursuant to this section to any county, city and county, or city may be used for county, city and county, or city purposes, as the case may be.

Note.—Section 22 of Stats. 1980, Ch. 285, provided no payment by state to local governments because of this act.

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