{"code":"RTC","codeName":"Revenue and Taxation Code","section":"24990.9","citation":"Rev. & Tax. Code, § 24990.9","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 15. Gain or Loss on Disposition of Property [24901. - 24998.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-15"},{"name":"ARTICLE 4.5. Capital Gains and Losses [24990. - 24995.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-11/chapter-15/article-4.5"}],"history":"Added by Stats. 2025, Ch. 231, Sec. 119.   (SB 711)   Effective October 1, 2025.","effective":"2025-10-01","html":"<p>The amendments made to Sections 1221(a)(3) and 1231(b)(1)(C) of the Internal Revenue Code by Section 13314 of Public Law 115-97, relating to certain self-created property not treated as a capital asset, shall not apply.</p>","text":"The amendments made to Sections 1221(a)(3) and 1231(b)(1)(C) of the Internal Revenue Code by Section 13314 of Public Law 115-97, relating to certain self-created property not treated as a capital asset, shall not apply.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/capital-gains-and-losses-24990-9","source":"California Legislative Information bulk export (pubinfo)"}