Government Code section 54783

Interest earned on any bond issued by the county shall at all times be free from state personal income tax and corporate income or franchise tax.

Source: Section 54783, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54783. (updated Jan. 1, 1996; accessed Aug. 24, 2026).

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Up to date

Verified:
Aug. 24, 2026

§ 54783's source at ca.gov

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Location: https://california.public.law/codes/government_code_section_54783

Original Source: Section 54783, https://leginfo.legislature.ca.gov/faces/codes_displaySection.xhtml?lawCode=GOV§ionNum=54783. (last accessed May 12, 2025).