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Business Taxes Law Guide—Revision 2024
Underground Storage Tank Maintenance Fee Regulations
California Code of Regulations
Title 18. Public Revenues
Division 2. California Department of Tax and Fee Administration – Business Taxes
Chapter 1.5. Underground Storage Tank Maintenance Fee
Article 1. General Provisions and Definitions
Regulation 1271
Regulation 1271. Records.
Reference: Sections 50109 and 50153, Revenue and Taxation Code.
(a) General.
A feepayer shall maintain and make available for examination on request by the board or its authorized representatives, records in the manner set forth at California Code of Regulations, Title 18, Section 4901.
(b) Secific Applications. In addition to the record keeping requirements set forth in subdivision (a), owners of underground storage tanks shall comply with the following requirements.
An owner of underground storage tanks shall maintain complete records of all tanks owned and all purchases of petroleum products placed into underground storage tanks. Such records include but are not limited to:
(1) Federal Income Tax Return Depreciation Schedules or fixed asset and improvement listing.
(2) Property Tax Statements.
(3) Underground storage tank installation records.
(4) Lease agreements.
(5) Petroleum products purchase invoices.
(6) Copy of local agency permit and application for permit filed with the local agency.
History— Adopted October 6, 1999, effective January 8, 2000.
Amended February 5, 2003, effective May 28, 2003. The underscored citation indicates an electronic hyperlink to the cite. Common administrative provisions for special taxes programs have been consolidated in Chapter 9.9 Special Taxes Administration. General record keeping requirements can be found at the cite referenced in subdivision (a). Subdivision (b) has been added to identify additional record keeping requirements for underground storage tank owners.
Amended May 31, 2012, effective July 10, 2012. Replaced "fee payer" with "feepayer" in subdivision (a) of the regulation.