Section 6010.8 - [Effective until 1/1/2026] Lease or transfer of title of tangible personal property constituting any project to any participating party(a)(1) "Sale" and "purchase" do not include any lease or transfer of title of tangible personal property constituting any project to any participating party.(2) On and after September 21, 2018, "sale" and "purchase" do not include any lease or transfer of title of tangible personal property constituting any project to any contractor for use in the performance of a construction contract for the participating party that will use that property as an integral part of the approved project.(b) As used in this section, "project" has the meaning specified in subparagraph (B) of paragraph (8) of subdivision (a) of Section 26003 of the Public Resources Code and "participating party" has the meaning specified in subparagraph (B) of paragraph (7) of subdivision (a) of Section 26003 of the Public Resources Code.(c) This section shall remain in effect only until January 1, 2026, and as of that date is repealed, unless a later enacted statute, that is enacted before January 1, 2026, deletes or extends that date.Ca. Rev. and Tax. Code § 6010.8
Amended by Stats 2019 ch 690 (AB 1583),s 14, eff. 1/1/2020.Amended by Stats 2018 ch 645 (AB 1547),s 15, eff. 9/21/2018.Amended by Stats 2015 ch 788 (AB 1269),s 5, eff. 1/1/2016.Amended by Stats 2012 ch 677 (SB 1128),s 35, eff. 1/1/2013.