Section 24661.5.

Cal. Revenue and Taxation Code - RTC § 24661.5.
in effect
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Section 451(g)(3) of the Internal Revenue Code, relating to special election rule, is modified by substituting the phrase “subdivision (b) of Section 24949.1” in lieu of the phrase “section 1033(e)(2)” contained therein.

References

referencesCal. Revenue and Taxation Code - RTC § 451.
referencesCal. Revenue and Taxation Code - RTC § 24949.1.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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