California § 5721 - For the 1973 calendar year and each calendar year thereafter, on the privilege of
Full text of California Public Contract Code - PCC § 5721 — For the 1973 calendar year and each calendar year thereafter, on the privilege of, with citation guidance and answers to common questions.
§ 5721. For the 1973 calendar year and each calendar year thereafter, on the privilege of
For the 1973 calendar year and each calendar year thereafter, on the privilege of breeding, training, caring for or racing a racehorse in this state, there is hereby imposed an annual tax on owners of racehorses for such racehorses domiciled in this state, which shall be in lieu of any property tax on racehorses subject to taxation pursuant to this part.
Source: official California text · Last verified 2026-08-27
Frequently Asked Questions About California § 5721
What does Public Contract Code - PCC § 5721 cover?
Section 5721 ("For the 1973 calendar year and each calendar year thereafter, on the privilege of") 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 § 5721?
A common citation format is "Public Contract Code - PCC § 5721" (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 § 5721 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.