California Revenue & Taxation Code
Cal. Rev. & Tax. Code § 23704
Section 501(e) of the Internal Revenue Code, relating to cooperative hospital service organizations, shall apply, except as otherwise provided.
# (a)
References to Section 501(c)(3) of the Internal Revenue Code, relating to charitable organizations, shall be modified to refer to Section 23701d.
# (b)
References to Section 501(a) of the Internal Revenue Code, relating to exemptions, shall be modified to refer to Section 23701.
# (c)
The services which may be provided under Section 501(e)(1) of the Internal Revenue Code shall include laundry services.
# (d)
Section 501(e)(1)(B)(iii) of the Internal Revenue Code is modified by substituting the phrase “owned and operated by the United States, the State, or a county or political subdivision thereof, or an agency or instrumentality of any of the foregoing” for the phrase “owned and operated by the United States, a State, the District of Columbia, or a possession of the United States, or a political subdivision or an agency or instrumentality of any of the foregoing.”
# (e)
References to Section 170(b)(1)(A)(iii) of the Internal Revenue Code, relating to the deductibility of contributions to hospitals, shall be modified to refer to subdivision (e) of Section 23736.
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