{"code":"RTC","codeName":"Revenue and Taxation Code","section":"5741","citation":"Rev. & Tax. Code, § 5741","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 1. PROPERTY TAXATION [50. - 5911.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1"},{"name":"PART 12. TAXATION OF RACEHORSES [5701. - 5790.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-12"},{"name":"CHAPTER 3. Exemptions [5741. - 5741.]","url":"https://blackletter.si/revenue-and-taxation-code/division-1/part-12/chapter-3"}],"history":"Amended by Stats. 1972, Ch. 665.","effective":null,"html":"<p>Foals born to a racehorse mare during the current calendar year shall be exempt from the tax imposed by this part or by any other part of this code.</p>","text":"Foals born to a racehorse mare during the current calendar year shall be exempt from the tax imposed by this part or by any other part of this code.","otherVersions":[],"url":"https://blackletter.si/revenue-and-taxation-code/exemptions-5741","source":"California Legislative Information bulk export (pubinfo)"}