38901. All taxes, interest and penalties imposed and all amounts of
tax required to be paid under this part shall be made in remittances
to the State Board of Equalization and shall be deposited in the
State Treasury as provided in this chapter.
38903. (a) All taxes, interest, penalties and other amounts paid or
collected pursuant to this part on or before July 31, 1983, except
taxes paid or collected pursuant to Section 38301, shall be deposited
in the Timber Tax Fund, which is hereby created.
(b) On and after August 1, 1983, all taxes, interest, penalties,
and other amounts paid or collected pursuant to this part shall be
deposited in the Timber Tax Fund.
38904. The money in the Timber Tax Fund is appropriated as follows:
(a) To reimburse the General Fund for funds advanced for costs
incurred by the board in administration of this part as follows:
(1) Four hundred sixty-seven thousand nine hundred thirty dollars
($467,930) for fiscal years 1975-76 and 1976-77.
(2) Amounts identified and approved in subsequent fiscal years as
approved in the Budget Bill. One-half of this amount shall be
reimbursed to the General Fund between November 1 and November 10,
and the remaining one-half between May 1 and May 10. In the event
that not all funds approved in the Budget Bill are actually expended
by the board, then in the succeeding fiscal year, the amount to be
reimbursed to the General Fund between November 1 and November 10
shall be reduced by an amount equal to the unexpended appropriation
of the preceding fiscal year.
(b) To reimburse the General Fund for funds advanced for costs
incurred by the State Forester in administration of Section 4582.8 of
the Public Resources Code as follows:
(1) Thirteen thousand five hundred dollars ($13,500) for fiscal
years 1975-76 and 1976-77.
(2) Amounts identified and approved in subsequent fiscal years as
approved in the Budget Bill.
(c) To the Controller to allocate pursuant to Sections 38905 and
38905.1.
(d) To pay refunds authorized by this part of taxes imposed
pursuant to Section 38115 and interest, penalties, and other amounts
paid or collected pursuant to this part and deposited in the Timber
Tax Fund.
38905.1. (a) Commencing with the 1983-84 fiscal year, the
Controller shall, pursuant to subdivision (c) of Section 38904, on
November 30 and May 31 of each fiscal year, transmit to county
treasurers the balance that existed in the Timber Tax Fund on the
preceding November 10 or May 10, respectively, in accordance with the
following allocation schedule:
(1) For the 1983-84 fiscal year, 50 percent of the balance in
Timber Tax Fund shall be transmitted to county treasurers based on
the annual yield tax revenue guarantee certified for each county
pursuant to subdivision (c) or (e) of Section 27423 of the Government
Code. The remaining 50 percent of the balance in the fund shall be
transmitted to county treasurers in the same proportion that the
balance to be transmitted was generated from each county, as
certified by the State Board of Equalization.
(2) For the 1984-85 fiscal year and each fiscal year thereafter,
100 percent of the balance in the fund shall be transmitted to county
treasurers in the same proportion that the balance to be transmitted
was generated from each county, as certified by the State Board of
Equalization.
(b) Upon receipt of funds pursuant to subdivision (a), the county
auditor shall within 10 days distribute the funds among the
jurisdictions (as defined in Section 95) within the county in the
same proportion that each jurisdiction's minimum revenue guarantee,
determined pursuant to Section 27423 of the Government Code, bears to
the total of all those amounts for all jurisdictions within the
county.
(c) It is the intent of the Legislature that the provisions of
subdivision (a) shall provide a final and conclusive disposition of
the problem of allocating yield tax revenues among counties entitled
to those revenues.
38908. Local governmental entities which are allocated funds
pursuant to Section 38905 or 38905.1 may expend such funds without
restriction.
38901. All taxes, interest and penalties imposed and all amounts of
tax required to be paid under this part shall be made in remittances
to the State Board of Equalization and shall be deposited in the
State Treasury as provided in this chapter.
38903. (a) All taxes, interest, penalties and other amounts paid or
collected pursuant to this part on or before July 31, 1983, except
taxes paid or collected pursuant to Section 38301, shall be deposited
in the Timber Tax Fund, which is hereby created.
(b) On and after August 1, 1983, all taxes, interest, penalties,
and other amounts paid or collected pursuant to this part shall be
deposited in the Timber Tax Fund.
38904. The money in the Timber Tax Fund is appropriated as follows:
(a) To reimburse the General Fund for funds advanced for costs
incurred by the board in administration of this part as follows:
(1) Four hundred sixty-seven thousand nine hundred thirty dollars
($467,930) for fiscal years 1975-76 and 1976-77.
(2) Amounts identified and approved in subsequent fiscal years as
approved in the Budget Bill. One-half of this amount shall be
reimbursed to the General Fund between November 1 and November 10,
and the remaining one-half between May 1 and May 10. In the event
that not all funds approved in the Budget Bill are actually expended
by the board, then in the succeeding fiscal year, the amount to be
reimbursed to the General Fund between November 1 and November 10
shall be reduced by an amount equal to the unexpended appropriation
of the preceding fiscal year.
(b) To reimburse the General Fund for funds advanced for costs
incurred by the State Forester in administration of Section 4582.8 of
the Public Resources Code as follows:
(1) Thirteen thousand five hundred dollars ($13,500) for fiscal
years 1975-76 and 1976-77.
(2) Amounts identified and approved in subsequent fiscal years as
approved in the Budget Bill.
(c) To the Controller to allocate pursuant to Sections 38905 and
38905.1.
(d) To pay refunds authorized by this part of taxes imposed
pursuant to Section 38115 and interest, penalties, and other amounts
paid or collected pursuant to this part and deposited in the Timber
Tax Fund.
38905.1. (a) Commencing with the 1983-84 fiscal year, the
Controller shall, pursuant to subdivision (c) of Section 38904, on
November 30 and May 31 of each fiscal year, transmit to county
treasurers the balance that existed in the Timber Tax Fund on the
preceding November 10 or May 10, respectively, in accordance with the
following allocation schedule:
(1) For the 1983-84 fiscal year, 50 percent of the balance in
Timber Tax Fund shall be transmitted to county treasurers based on
the annual yield tax revenue guarantee certified for each county
pursuant to subdivision (c) or (e) of Section 27423 of the Government
Code. The remaining 50 percent of the balance in the fund shall be
transmitted to county treasurers in the same proportion that the
balance to be transmitted was generated from each county, as
certified by the State Board of Equalization.
(2) For the 1984-85 fiscal year and each fiscal year thereafter,
100 percent of the balance in the fund shall be transmitted to county
treasurers in the same proportion that the balance to be transmitted
was generated from each county, as certified by the State Board of
Equalization.
(b) Upon receipt of funds pursuant to subdivision (a), the county
auditor shall within 10 days distribute the funds among the
jurisdictions (as defined in Section 95) within the county in the
same proportion that each jurisdiction's minimum revenue guarantee,
determined pursuant to Section 27423 of the Government Code, bears to
the total of all those amounts for all jurisdictions within the
county.
(c) It is the intent of the Legislature that the provisions of
subdivision (a) shall provide a final and conclusive disposition of
the problem of allocating yield tax revenues among counties entitled
to those revenues.
38908. Local governmental entities which are allocated funds
pursuant to Section 38905 or 38905.1 may expend such funds without
restriction.
38901. All taxes, interest and penalties imposed and all amounts of
tax required to be paid under this part shall be made in remittances
to the State Board of Equalization and shall be deposited in the
State Treasury as provided in this chapter.
38903. (a) All taxes, interest, penalties and other amounts paid or
collected pursuant to this part on or before July 31, 1983, except
taxes paid or collected pursuant to Section 38301, shall be deposited
in the Timber Tax Fund, which is hereby created.
(b) On and after August 1, 1983, all taxes, interest, penalties,
and other amounts paid or collected pursuant to this part shall be
deposited in the Timber Tax Fund.
38904. The money in the Timber Tax Fund is appropriated as follows:
(a) To reimburse the General Fund for funds advanced for costs
incurred by the board in administration of this part as follows:
(1) Four hundred sixty-seven thousand nine hundred thirty dollars
($467,930) for fiscal years 1975-76 and 1976-77.
(2) Amounts identified and approved in subsequent fiscal years as
approved in the Budget Bill. One-half of this amount shall be
reimbursed to the General Fund between November 1 and November 10,
and the remaining one-half between May 1 and May 10. In the event
that not all funds approved in the Budget Bill are actually expended
by the board, then in the succeeding fiscal year, the amount to be
reimbursed to the General Fund between November 1 and November 10
shall be reduced by an amount equal to the unexpended appropriation
of the preceding fiscal year.
(b) To reimburse the General Fund for funds advanced for costs
incurred by the State Forester in administration of Section 4582.8 of
the Public Resources Code as follows:
(1) Thirteen thousand five hundred dollars ($13,500) for fiscal
years 1975-76 and 1976-77.
(2) Amounts identified and approved in subsequent fiscal years as
approved in the Budget Bill.
(c) To the Controller to allocate pursuant to Sections 38905 and
38905.1.
(d) To pay refunds authorized by this part of taxes imposed
pursuant to Section 38115 and interest, penalties, and other amounts
paid or collected pursuant to this part and deposited in the Timber
Tax Fund.
38905.1. (a) Commencing with the 1983-84 fiscal year, the
Controller shall, pursuant to subdivision (c) of Section 38904, on
November 30 and May 31 of each fiscal year, transmit to county
treasurers the balance that existed in the Timber Tax Fund on the
preceding November 10 or May 10, respectively, in accordance with the
following allocation schedule:
(1) For the 1983-84 fiscal year, 50 percent of the balance in
Timber Tax Fund shall be transmitted to county treasurers based on
the annual yield tax revenue guarantee certified for each county
pursuant to subdivision (c) or (e) of Section 27423 of the Government
Code. The remaining 50 percent of the balance in the fund shall be
transmitted to county treasurers in the same proportion that the
balance to be transmitted was generated from each county, as
certified by the State Board of Equalization.
(2) For the 1984-85 fiscal year and each fiscal year thereafter,
100 percent of the balance in the fund shall be transmitted to county
treasurers in the same proportion that the balance to be transmitted
was generated from each county, as certified by the State Board of
Equalization.
(b) Upon receipt of funds pursuant to subdivision (a), the county
auditor shall within 10 days distribute the funds among the
jurisdictions (as defined in Section 95) within the county in the
same proportion that each jurisdiction's minimum revenue guarantee,
determined pursuant to Section 27423 of the Government Code, bears to
the total of all those amounts for all jurisdictions within the
county.
(c) It is the intent of the Legislature that the provisions of
subdivision (a) shall provide a final and conclusive disposition of
the problem of allocating yield tax revenues among counties entitled
to those revenues.
38908. Local governmental entities which are allocated funds
pursuant to Section 38905 or 38905.1 may expend such funds without
restriction.
