Revenue and Taxation Code § 6012.3

CHAPTER 1. General Provisions and Definitions

Current as of September 28, 2026Rev. & Tax. Code, § 6012.3Official source ↗

Amended by Stats. 2025, Ch. 354, Sec. 6. (SB 766) Effective January 1, 2026. Repealed as of October 1, 2026, by its own provisions. See later operative version added by Sec. 7 of Stats. 2025, Ch. 354.

(a) For purposes of this part, “gross receipts” and “sales price” do not include that portion of the sales price returned to the purchaser of a used motor vehicle or the purchase price for the purchase of a contract cancellation option pursuant to Section 11713.21 of the Vehicle Code.

(b) This section shall remain in effect only until October 1, 2026, and as of that date is repealed.

Other version (effective January 1, 2026): not in force on 2026-09-28

Repealed (in Sec. 6) and added by Stats. 2025, Ch. 354, Sec. 7. (SB 766) Effective January 1, 2026. Operative October 1, 2026, by its own provisions.

(a) For purposes of this part, “gross receipts” and “sales price” do not include that portion of the sales price returned to the purchaser of a used motor vehicle or any restocking fees pursuant to Section 1784.43 of the Civil Code.

(b) This section shall become operative October 1, 2026.