{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24481","citation":"Rev. & Tax. Code, § 24481","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 2. OTHER TAXES [6001. - 61050.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2"},{"name":"PART 11. CORPORATION TAX LAW [23001. - 25141.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11"},{"name":"CHAPTER 8. Corporate Distributions and Adjustments [24451. - 24481.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-8"}],"history":"Repealed and added by Stats. 1991, Ch. 117, Sec. 82.   Effective July 16, 1991.","effective":"1991-07-16","html":"<p>Section 383 of the Internal Revenue Code, relating to special limitations on certain excess credits, etc., is modified to apply to credits allowable under Chapter 3.5 (commencing with Section 23601), and the minimum tax credit allowable under Section <a href=\"/rtc/23453\">23453</a>.</p>","text":"Section 383 of the Internal Revenue Code, relating to special limitations on certain excess credits, etc., is modified to apply to credits allowable under Chapter 3.5 (commencing with Section 23601), and the minimum tax credit allowable under Section 23453.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/corporate-distributions-and-adjustments-24481","source":"California Legislative Information bulk export (pubinfo)"}