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Earlier editions: 2020-112018-112026-09

DIVISION 2. OTHER TAXES 6001-61050›PART 3.5. FUEL TAX AGREEMENTS 9401-9433›CHAPTER 2. The International Fuel Tax Agreement 9405-9433›ARTICLE 6. Distribution of Proceeds 9432-9433

§ 9432

California Revenue and Taxation Code · 2026-10 edition · updated 2026-10-04 · California

The board shall transmit all moneys received by it under this chapter to the Treasurer to be deposited in the State Treasury. The board in accordance with the Treasurer shall set up a reserve account in the State Treasury to disburse those moneys as needed. After distribution payments to other jurisdictions and refunds authorized by the IFTA, the balance remaining in the reserve account shall be transferred, except as provided in Section 9433, to the Motor Vehicle Fuel Account in the Transportation Tax Fund.

(Amended by Stats. 2005, Ch. 519, Sec. 8. Effective October 4, 2005. Operative January 1, 2006, by Sec. 25 of Ch. 519.)

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