California § 24905.5 - For each taxable year beginning on or after January 1, 1997, the amendments made
Full text of California Public Contract Code - PCC § 24905.5 — For each taxable year beginning on or after January 1, 1997, the amendments made, with citation guidance and answers to common questions.
§ 24905.5. For each taxable year beginning on or after January 1, 1997, the amendments made
For each taxable year beginning on or after January 1, 1997, the amendments made to Section 988 of the Internal Revenue Code by Section 13223 of the Revenue Reconciliation Act of 1993 (P.L. 103-66), relating to mark to market accounting method for securities dealers, shall apply.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 24905.5
What does Public Contract Code - PCC § 24905.5 cover?
Section 24905.5 ("For each taxable year beginning on or after January 1, 1997, the amendments made") is part of the Public Contract Code - PCC, the codified statutory law of California. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite California § 24905.5?
A common citation format is "Public Contract Code - PCC § 24905.5" (California). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of California law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the California official source linked on this page or consult a licensed California attorney.
How does California § 24905.5 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in California can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in California.