California Revenue and Taxation Code Section 18781.5

CA Rev & Tax Code § 18781.5 (2017)  

For purposes of this article:

(a) An “authorized diabetes research organization” means either:

(1) A university, located within the state, with a research program.

(2) A nonprofit charitable organization exempt from federal income tax as an organization described in Section 501(c)(3) of the Internal Revenue Code that engages in research.

(b) “Research” shall include, but not be limited to, expenditures to develop and advance the understanding, techniques, and modalities effective in the cure, screening, and treatment of type 1 diabetes.

(Added by Stats. 2016, Ch. 468, Sec. 1. (AB 2430) Effective January 1, 2017. Inoperative on date prescribed in Section 18784. Repealed, pursuant to Section 18784, on December 1 following inoperative date.)

Last modified: October 25, 2018