California Code of Regulations
Title 18 - Public Revenues
Division 2 - California Department of Tax and Fee Administration- Business Taxes (State Board of Equalization - Business Taxes, See Ch. 6 and 9.9)
Chapter 4.1 - Lumber Products Assessment
Section 2000 - Retailer Reimbursement Retention

Universal Citation: 18 CA Code of Regs 2000
Current through Register 2024 Notice Reg. No. 12, March 22, 2024

Public Resources Code section 4629.5, as added by Statutes 2012, chapter 289, requires the Board of Equalization to adopt a regulation to determine the amount of reimbursement a retailer may retain for costs associated with the collection of the Lumber Products Assessment imposed by Public Resources Code section 4629.5.

A retailer required to collect the Lumber Products Assessment may retain no more than $250 per location as reimbursement for startup costs associated with the collection of the assessment. Such reimbursement is to be taken on the retailer's first return on which the Lumber Products Assessment is reported or, if the amount of the collected assessment is less than the allowed reimbursement, on the retailer's next consecutive returns until the allowed reimbursement amount is retained.

"Location" means and is limited to a business location registered under the retailer's seller's permit as of January 1, 2013, where sales of products subject to the assessment are made.

1. New chapter 4.1 (section 2000) and section filed 12-4-2012 as an emergency; operative 1-1-2013 (Register 2012, No. 49). A Certificate of Compliance must be transmitted to OAL by 7-1-2013 or emergency language will be repealed by operation of law on the following day.
2. New chapter 4.1 (section 2000) and section refiled 6-25-2013 as an emergency; operative 6-25-2013 (Register 2013, No. 26). A Certificate of Compliance must be transmitted to OAL by 9-23-2013 or emergency language will be repealed by operation of law on the following day.
3. New chapter 4.1 (section 2000) and section refiled 9-23-2013 as an emergency; operative 9-23-2013 (Register 2013, No. 39). A Certificate of Compliance must be transmitted to OAL by 12-23-2013 or emergency language will be repealed by operation of law on the following day.
4. Certificate of Compliance as to 9-23-2013 order transmitted to OAL 11-6-2013 and filed 11-26-2013 (Register 2013, No. 48).

Note: Authority cited: Section 4629.5, Public Resources Code. Reference: Section 4629.5, Public Resources Code.

Disclaimer: These regulations may not be the most recent version. California may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.