§ 2326
58 words·~1 min read·
/ca/revenue-and-taxation-code/2326A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
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.