Section 2326.

Cal. Revenue and Taxation Code - RTC § 2326.
in effect
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If a local agency fails to file the report required by Section 2325 by October 15, the Controller, in the succeeding fiscal year, shall reduce by 10 percent or five thousand dollars ($5,000), whichever is less, the payment he is required to make to such agency based on claims filed pursuant to Section 16113 of the Government Code.

References

referencesCal. Government Code - GOV § 16113.
referencesCal. Revenue and Taxation Code - RTC § 2325.
Source: CA Legislative Counsel Bulk DataURL: https://downloads.leginfo.legislature.ca.gov/pubinfo_2025.zipFetched: 6/27/2026

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