California § 402.95 - In valuing property under the income method of appraisal, the assessor shall excl
Full text of California Public Contract Code - PCC § 402.95 — In valuing property under the income method of appraisal, the assessor shall excl, with citation guidance and answers to common questions.
§ 402.95. In valuing property under the income method of appraisal, the assessor shall excl
In valuing property under the income method of appraisal, the assessor shall exclude from income the benefit from federal and state low-income housing tax credits allocated by the California Tax Credit Allocation Committee pursuant to Section 42 of the Internal Revenue Code and Sections 12206, 17058, and 23610.5.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 402.95
What does Public Contract Code - PCC § 402.95 cover?
Section 402.95 ("In valuing property under the income method of appraisal, the assessor shall excl") 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 § 402.95?
A common citation format is "Public Contract Code - PCC § 402.95" (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 § 402.95 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.