A program administrator, contractor, or a third party shall not make any representation as to the tax deductibility of an assessment contract unless that representation is consistent with representations, statements, or opinions of the Internal Revenue Service or applicable state tax agency with regard to the tax treatment of PACE assessments.
(Added by Stats. 2017, Ch. 484, Sec. 1. (SB 242) Effective January 1, 2018.)
Last modified: October 25, 2018