Section 8655.5 Of Chapter 2. Imposition Of Tax From California Revenue And Taxation Code >> Division 2. >> Part 3. >> Chapter 2.
8655.5
. (a) Commencing with the 1984-85 fiscal year, the Controller
shall annually transfer from the General Fund to the Highway Users
Tax Account in the Transportation Tax Fund, the amount, as determined
by the State Board of Equalization, necessary to fully reimburse the
account for any revenue loss caused by the exemptions provided by
paragraphs (5) and (6) of subdivision (b) of Section 8655.
(b) In addition, the Controller shall transfer, on January 1,
1985, the sum of four hundred thirty-five thousand dollars ($435,000)
from the General Fund to the account to fully reimburse the account
for the revenue loss caused by Section 3 of the act enacting this
section.