Existing law, the Corporation Tax Law, exempts organizations that are organized and operated for nonprofit purposes, as specified, from taxes imposed by that law if the Franchise Tax Board issues a determination exempting the organization from tax, except as provided.
This bill would make nonsubstantive changes to those provisions.

Statutes affected:
AB 1318: 23701 RTC
02/21/25 - Introduced: 23701 RTC