reglab/housing_qa huggingface dataset:
CA Rev & Tax Code § 24272.5 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 1 - Definitions|Section 24272.5.

24272.5.  (a) Section 7518 of the Internal Revenue Code, relating to tax incentives relating to merchant marine capital construction funds, shall apply, except as otherwise provided.(b) Section 7518(d)(2)(C) of the Internal Revenue Code is modified as follows:(1) By substituting “70 percent” in lieu of the reference to “the percentage applicable under Section 243(a)(1).”(2) To refer to Section 24402 in lieu of Section 243 of the Internal Revenue Code.(c) Section 7518(d)(2)(D) of the Internal Revenue Code is modified to refer to “interest income exempt from taxation” under this part in lieu of “interest income exempt from taxation under Section 103.”(d) Section 7518(g)(3) of the Internal Revenue Code is modified as follows:(1) To refer to Article 6 (commencing with Section 19101) of Chapter 4 of Part 10.2 in lieu of Section 6601 of the Internal Revenue Code.(2) To refer to Article 7 (commencing with Section 19131) of Chapter 4 of Part 10.2 in lieu of Section 6651 of the Internal Revenue Code.(e) Section 7518(g)(6) of the Internal Revenue Code is modified as follows:(1) By substituting a reference to “this part” in lieu of “Chapter 1” in each place in which it appears.(2) To refer to Section 23151 in lieu of Section 11 of the Internal Revenue Code.(3) The last sentence in Section 7518(g)(6)(A) of the Internal Revenue Code shall not apply.(Added by Stats. 1997, Ch. 611, Sec. 77. Effective October 3, 1997.)
CA Rev & Tax Code § 24273 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 1 - Definitions|Section 24273.

24273.  (a) Amounts received as loans from the Commodity Credit Corporation shall, at the election of the taxpayer, be considered as income and shall be included in gross income for the taxable year in which received.(b) If a taxpayer exercises the election provided for in subsection (a) for any taxable year, then the method of computing income so adopted shall be adhered to with respect to all subsequent taxable years unless with the approval of the Franchise Tax Board a change to a different method is authorized.(Amended by Stats. 2000, Ch. 862, Sec. 113. Effective January 1, 2001.)
CA Rev & Tax Code § 24273.5 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 1 - Definitions|Section 24273.5.

24273.5.  (a) Noncash patronage allocations from farmers’ cooperative and mutual associations (whether paid in capital stock, revolving fund certificates, retain certificates, certificates of indebtedness, letters of advice or in some other manner that discloses the dollar amount of such noncash patronage allocations) may, at the election of the taxpayer, be considered as income and included in gross income for the taxable year in which received.(b) If a taxpayer exercises the election provided for in subdivision (a), the amount included in gross income shall be the face amount of such allocations.(c) If a taxpayer elects to exclude noncash patronage allocations from gross income for the taxable year in which received, such allocations shall be included in gross income in the year that they are redeemed or realized upon.(d) If a taxpayer exercises the election provided for in subdivision (c), the face amount of such noncash patronage allocations shall be disclosed in the return made for the taxable year in which such noncash patronage allocations were received.(e) If a taxpayer exercises the election provided for in subdivision (a) or (c) for any taxable year, then the method of computing income so adopted shall be adhered to with respect to all subsequent taxable years unless with the approval of the Franchise Tax Board a change to a different method is authorized.(f) If a taxpayer has made the election provided for in subdivision (c), then (1) the statutory period for the assessment of a deficiency for any taxable year in which the amount of any noncash patronage allocations are realized shall not expire prior to the expiration of four years from the date the Franchise Tax Board is notified by the taxpayer (in any manner as the Franchise Tax Board may by regulation prescribe) of the realization of gain on such allocations; and (2) that deficiency may be assessed prior to the expiration of the four-year period, notwithstanding the provisions of Section 19057 or the provisions of any other law or rule of law which would otherwise prevent such assessment.(Amended by Stats. 2000, Ch. 862, Sec. 114. Effective January 1, 2001.)
CA Rev & Tax Code § 24275 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 1 - Definitions|Section 24275.

24275.  In the case of any taxpayer who is required to include the amount of any nuclear decommissioning costs in the taxpayer’s cost of service for ratemaking purposes, there shall be includable in the gross income of that taxpayer the amount so included for any taxable year.(Amended by Stats. 2000, Ch. 862, Sec. 115. Effective January 1, 2001.)
CA Rev & Tax Code § 24276 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 1 - Definitions|Section 24276.

24276.  Section 90 of the Internal Revenue Code, relating to illegal federal irrigation subsidies, shall apply to water delivered to the taxpayer on or after January 1, 1988, in taxable years beginning on or after January 1, 1989, except as otherwise provided.(Amended by Stats. 2000, Ch. 862, Sec. 116. Effective January 1, 2001.)
CA Rev & Tax Code § 24301 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24301.

24301.  In computing the tax imposed under this part, “gross income” does not include any of the items specified in this article.(Repealed and added by Stats. 1955, Ch. 938.)
CA Rev & Tax Code § 24302 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24302.

24302.  Amounts received other than amounts paid by reason of the death of the insured under life insurance, endowment or annuity contracts, either during the term or at maturity or upon surrender of the contract, equal to the total amount of premiums paid thereon. In the case of a transfer for a valuable consideration by assignment or otherwise, of a life insurance, endowment or annuity contract or any interest therein, only the actual value of such consideration and the amount of the premiums and other sums subsequently paid by the transferee shall be excluded from gross income under Section 24305 or this section. The preceding sentence shall not apply in the case of such a transfer if such contract or interest therein has a basis for determining gain or loss in the hands of a transferee determined in whole or in part by reference to such basis of such contract or interest therein in the hands of the transferor or to a corporation in which the insured is a shareholder or officer.(Amended by Stats. 1963, Ch. 1028.)
CA Rev & Tax Code § 24303 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24303.

24303.  Any grant made in any taxable year by the Secretary of the Treasury under Section 1603 of the American Recovery and Reinvestment Tax Act of 2009 (Public Law 111-5) to a person that places in service specified energy property shall not be includable in the gross income or the alternative minimum taxable income of the taxpayer, but shall be taken into account in determining the basis of the property to which that grant relates, except that the basis of that property shall be reduced using rules prescribed under Section 50(c) of the Internal Revenue Code in the same manner as a credit allowed under Section 48(a) of the Internal Revenue Code, and adjusted in accordance with rules applied by the Secretary of the Treasury under Section 1603(f) of the American Recovery and Reinvestment Tax Act of 2009 (Public Law 111-5).(Added by Stats. 2010, Ch. 14, Sec. 64. (SB 401) Effective January 1, 2011.)
CA Rev & Tax Code § 24305 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24305.

24305.  (a) Except as provided in subdivisions (b) and (c), amounts received under life insurance policies and contracts paid by reason of the death of the insured but if such amounts are held by the insurer under an agreement to pay interest thereon, the interest payments shall be included in gross income.(b) Proceeds of flexible premium contracts payable by reason of death shall be excluded from gross income only in accordance with the provisions of Section 101(f) of the Internal Revenue Code.(c) (1) In the case of an employer-owned life insurance contract, any amount received by reason of death of an insured shall be excluded from gross income only in accordance with the provisions of Section 101(j) of the Internal Revenue Code.(2) Section 101(j) of the Internal Revenue Code, relating to treatment of certain employer-owned life insurance contracts, shall apply in accordance with the provisions of Section 863(d) of the Pension Protection Act of 2006 (Public Law 109-280), relating to effective dates, except that the phrase “January 1, 2010,” shall be substituted for “the date of the enactment of this Act” contained therein.(Amended by Stats. 2010, Ch. 14, Sec. 65. (SB 401) Effective January 1, 2011.)
CA Rev & Tax Code § 24308 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.

24308.  Section 1078 of Public Law 98-369 (Tax Reform Act of 1984), relating to exclusions from gross income of payments from the United States Forest Service as a result of restricting motorized traffic in the Boundary Waters Canoe Area, shall apply, with the following exceptions:(a) Section 1078(f)(2) of that act shall not be applicable.(b) This section shall be effective only for payments made in taxable years beginning on or after January 1, 1985.(Amended by Stats. 2000, Ch. 862, Sec. 119. Effective January 1, 2001.)
CA Rev & Tax Code § 24308.1 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.1.

24308.1.  Gross income does not include any amount received as a rebate, voucher, or other financial incentive issued by the California Energy Commission, the Public Utility Commission, or a local publicly owned electric utility, as defined in subdivision (d) of Section 9604 of the Public Utilities Code, for any expenses paid or incurred by a taxpayer for the purchase or installation of any of the following devices:(a) A thermal system as defined in Section 25600 of the Public Resources Code.(b) A solar system as defined in Section 25600 of the Public Resources Code.(c) A wind energy system device that produces electricity.(d) A fuel cell generating system, as described in the California Energy Commission’s Emerging Renewable Resources Account Guidebook, that produces electricity.(Added by Stats. 2002, Ch. 843, Sec. 2. Effective September 24, 2002.)
CA Rev & Tax Code § 24308.2 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.2.

24308.2.  (a) For taxable years beginning on or after January 1, 2020, gross income does not include any amount awarded as a restaurant revitalization grant pursuant to Section 9009c of Title 15 of the United States Code.(b) (1) Notwithstanding Section 24425, for taxable years beginning on or after January 1, 2020, paragraph (2) of Section 9673 of the American Rescue Plan Act of 2021 (Public Law 117-2) shall apply, except as provided.(2) Paragraph (2) of Section 9673 of the American Rescue Plan Act of 2021 (Public Law 117-2) is modified by substituting the phrase “provided by paragraph (1)” with “provided by this section.”(c) The Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) shall not apply to any standard, criterion, procedure, determination, rule, notice, guideline, or any other guidance established or issued by the Franchise Tax Board pursuant to this section.(d) This section shall be operative for taxable years beginning on or after January 1, 2020.(Added by Stats. 2022, Ch. 3, Sec. 17. (SB 113) Effective February 9, 2022.)
CA Rev & Tax Code § 24308.3 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.3.

24308.3.  (a) For taxable years beginning on or after January 1, 2019, gross income does not include any amount awarded as a shuttered venue operator grant pursuant to Section 9009a of Title 15 of the United States Code.(b) (1) Notwithstanding Section 24425, for taxable years beginning on or after January 1, 2019, subsection (d) of Section 278 of Division N of the Consolidated Appropriations Act, 2021 (Public Law 116-260) shall apply, except as provided.(2) Subsection (d) of Section 278 of Division N of the Consolidated Appropriations Act, 2021 (Public Law 116-260) is modified by substituting the phrase “For purposes of the Internal Revenue Code of 1986” with “For purposes of this part”.(3) Paragraphs (2) and (3) of subsection (d) of Section 278 of Division N of the Consolidated Appropriations Act, 2021 (Public Law 116-260) shall not apply to an ineligible entity.(c) For purposes of this section:(1) “Ineligible entity” means a taxpayer that either:(A) Is a publicly-traded company.(B) Does not meet the reduction from the gross receipts requirements of Section 636(a)(37)(A)(iv)(bb) of Title 15 of the United States Code, as added by Section 311 of Division N of the Consolidated Appropriations Act, 2021 (Public Law 116-260).(2) “Publicly-traded company” means a publicly-traded entity as described in Section 342 of Division N of the Consolidated Appropriations Act, 2021 (Public Law 116-260).(d) This section shall be operative for taxable years beginning on or after January 1, 2019.(Added by Stats. 2022, Ch. 3, Sec. 18. (SB 113) Effective February 9, 2022.)
CA Rev & Tax Code § 24308.4 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.4.

24308.4.  (a) For taxable years beginning on or after January 1, 2021, and before January 1, 2026, gross income does not include a bill credit or credits received by a customer from a community water system or wastewater treatment provider pursuant to the Water and Wastewater System Payments Under the American Rescue Plan Act of 2021 (Chapter 4.7 (commencing with Section 116773) of Part 12 of Division 104 of the Health and Safety Code). (b) This section shall remain in effect only until December 1, 2026, and as of that date is repealed. (Added by Stats. 2022, Ch. 3, Sec. 19. (SB 113) Effective February 9, 2022. Repealed as of December 1, 2026, by its own provisions.)
CA Rev & Tax Code § 24308.5 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.5.

24308.5.  (a) Gross income does not include cost-share payments received by forest landowners from the Department of Forestry and Fire Protection pursuant to the California Forest Improvement Act of 1978 (Part 2.5 (commencing with Section 4790) of Division 1 of the Public Resources Code) or from the United States Department of Agriculture, Forest Service, under the Forest Stewardship Program and the Stewardship Incentives Program, pursuant to the Cooperative Forestry Assistance Act, as amended (Public Law 101-624).(b) The amount of any cost-share payment excluded pursuant to subdivision (a) shall not be considered with regard to either of the following:(1) Determining the basis of property acquired or improved.(2) Computing any allowable deduction to which the taxpayer may otherwise be entitled.(Added by Stats. 1994, Ch. 22, Sec. 3. Effective March 25, 1994. See same-numbered section added by Stats. 2022, Ch. 3.)
CA Rev & Tax Code § 24308.5 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.5.

24308.5.  (a) For taxable years beginning on or after January 1, 2021, and before January 1, 2026, gross income does not include a bill credit or credits received by a customer from a utility applicant pursuant to the California Arrearage Payment Program Under the American Rescue Plan Act of 2021 (Article 12 (commencing with Section 16429.5) of Chapter 2 of Part 2 of Division 4 of Title 2 of the Government Code).(b) This section shall remain in effect only until December 1, 2026, and as of that date is repealed.(Added by Stats. 2022, Ch. 3, Sec. 20. (SB 113) Effective February 9, 2022. Repealed as of December 1, 2026, by its own provisions. See same-numbered section added by Stats. 1994, Ch. 22.)
CA Rev & Tax Code § 24308.7 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24308.7.

24308.7.  (a) For each taxable year beginning on or after July 1, 2015, gross income does not include an amount received as a loan forgiveness, grant, credit, rebate, voucher, or other financial incentive issued by the California Residential Mitigation Program or the California Earthquake Authority to assist a residential property owner or occupant with expenses paid, or obligations incurred, for earthquake loss mitigation.(b) For the purposes of this section, “earthquake loss mitigation” means an activity that reduces seismic risks to a residential structure or its contents, or both. For purposes of structural seismic risk mitigation, a residential structure is either of the following:(1) A structure described in subdivision (a) of Section 10087 of the Insurance Code.(2) A residential building of not fewer than 2, but not more than 10, dwelling units.(Amended by Stats. 2015, Ch. 323, Sec. 11. (SB 102) Effective September 22, 2015.)
CA Rev & Tax Code § 24309 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24309.

24309.  Gross income does not include income (other than rent) derived by a lessor of real property on the termination of a lease, representing the value of such property attributable to buildings erected or other improvements made by the lessee.(Added by Stats. 1955, Ch. 938.)
CA Rev & Tax Code § 24309.5 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24309.5.

24309.5.  Section 110 of the Internal Revenue Code, relating to qualified lessee construction allowances for short-term leases, shall apply, except as otherwise provided.(a) Section 110(b) of the Internal Revenue Code is modified by substituting the phrase “(including for purposes of paragraph (2) of subdivision (e) of Section 24349)” for the phrase “(including for purposes of Section 168(i)(8)(B).”(b) Section 110(c)(2) of the Internal Revenue Code is modified by substituting the phrase “(as determined under the rules of paragraph (3) of subdivision (e) of Section 24349)” for the phrase “(as determined under the rules of Section 168(i)(3)).”(Added by Stats. 1998, Ch. 322, Sec. 78. Effective August 20, 1998.)
CA Rev & Tax Code § 24310 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24310.

24310.  (a) Section 111 of the Internal Revenue Code, relating to recovery of tax benefit items, shall apply, except as otherwise provided. (b) Sections 111(b) and 111(c) of the Internal Revenue Code, relating to credits and treatment of credit carryovers, shall be applicable with respect to credits allowable under this part.(Amended by Stats. 1991, Ch. 117, Sec. 58. Effective July 16, 1991.)
CA Rev & Tax Code § 24311 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24311.

24311.  For taxable years beginning on or after September 1, 2020, and before January 1, 2023, gross income does not include grant allocations received by a taxpayer pursuant to the California Microbusiness COVID-19 Relief Program that is administered by the Office of Small Business Advocate pursuant to Article 9 (commencing with Section 12100.90) of Chapter 1.6 of Part 2 of Division 3 of Title 2 of the Government Code.(Added by Stats. 2021, Ch. 256, Sec. 24. (AB 176) Effective September 23, 2021.)
CA Rev & Tax Code § 24312 (2021)
2021 California Code|Revenue and Taxation Code - RTC|DIVISION 2 - OTHER TAXES|PART 11 - CORPORATION TAX LAW|CHAPTER 6 - Gross Income|ARTICLE 2 - Exclusions|Section 24312.

24312.  (a) Gross income does not include any of the following grant allocations:(1) For taxable years beginning on or after January 1, 2020, and before January 1, 2030, grant allocations received by a taxpayer pursuant to the COVID-19 Relief Grant that is administered by the Office of Small Business Advocate, is funded by Executive Order No. E 20/21-182, and is described in a letter from the Department of Finance to the Joint Legislative Budget Committee, dated December 17, 2020, entitled, “Disaster Response-Emergency Operations Account Request—Increased Funding for the California Rebuilding Fund and Funding to Support a New COVID-19 Relief Grant for Small Businesses.”(2) For taxable years beginning on or after January 1, 2020, and before January 1, 2030, grant allocations received by a taxpayer pursuant to the California Small Business COVID-19 Relief Grant Program established by Section 12100.83 of the Government Code.(3) For taxable years beginning on or after September 1, 2020, and before January 1, 2030, grant allocations received by a taxpayer pursuant to the California Venues Grant Program established by Section 12100.83.5 of the Government Code.(b) Section 41 shall not apply to the exclusion allowed by this section.(c) Notwithstanding any other law, the Franchise Tax Board may include in audits the grants referenced in this section.(d) The Franchise Tax Board may adopt regulations that are necessary and appropriate to implement this section.(e) The Administrative Procedure Act (Chapter 3.5 (commencing with Section 11340) of Part 1 of Division 3 of Title 2 of the Government Code) shall not apply to any regulation, standard, criterion, procedure, determination, rule, notice, guideline, or any other guidance established or issued by the Franchise Tax Board pursuant to this section.(f) This section shall remain in effect only until December 1, 2030, and as of that date is repealed.(Amended by Stats. 2021, Ch. 256, Sec. 25. (AB 176) Effective September 23, 2021. Repealed as of December 1, 2030, by its own provisions.)