Cal. RTC § 2273.1
This is the official text of Cal. RTC § 2273.1, part of California’s Revenue and Taxation Code — governs state and local taxation, including income and property tax.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Official statutory text
The provisions of Section 2273 shall apply to a contract or lease signed after January 1, 1973, if a local agency, in anticipation of such contract, shall have taken formal action prior to January 1, 1973, to implement one or more projects to be acquired or constructed pursuant to such contract.
“Formal action to implement any one or more projects” means:
(a) The incurring of a liability for a substantial portion of an architectural or engineering contract relating to the project; or
(b) The acquisition of land or improvements for the project.
“Formal action to implement any one or more projects” means:
(a) The incurring of a liability for a substantial portion of an architectural or engineering contract relating to the project; or
(b) The acquisition of land or improvements for the project.
Status: in_force · Read it on the official government site
Need a lawyer in California?
Find a California lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.