{"code":"RTC","codeName":"Revenue and Taxation Code","section":"38203","citation":"Rev. & Tax. Code, § 38203","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 18.5. TIMBER YIELD TAX [38101. - 38908.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-18.5"},{"name":"CHAPTER 3. Determination of Rates [38202. - 38204.]","url":"https://blackletter.si/revenue-and-taxation-code/division-2/part-18.5/chapter-3"}],"history":"Added by Stats. 1976, Ch. 176.","effective":null,"html":"<p>On or before December 31, 1978, and on or before December 31 of each year thereafter, the board shall certify to the Director of Finance and to the Legislature the rate determined pursuant to Section <a href=\"/rtc/38202\">38202</a>, and such rate shall be the yield tax rate applied under Section <a href=\"/rtc/38115\">38115</a> for the 12-month period beginning on the next succeeding January 1.</p>","text":"On or before December 31, 1978, and on or before December 31 of each year thereafter, the board shall certify to the Director of Finance and to the Legislature the rate determined pursuant to Section 38202, and such rate shall be the yield tax rate applied under Section 38115 for the 12-month period beginning on the next succeeding January 1.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/determination-of-rates-38203","source":"California Legislative Information bulk export (pubinfo)"}