Section 47015

Rev. & Tax. Code § 47015, under The Lithium Extraction Excise Tax.

Rev. & Tax. Code § 47015

For purposes of this part, the lithium and lithium compounds extracted shall be converted to lithium carbonate equivalent by multiplying the tonnage of lithium and lithium compounds by the appropriate conversion factor, as follows:

Lithium or lithium compound: Conversion factor:

Lithium (Li) 5.323

Lithium oxide (Li2O) 2.473

Lithium chloride (LiCl) 0.871

Lithium bromide (LiBr) 0.425

Lithium hydroxide monohydrate (LiOH.H2O) 0.880

Butyllithium (C4HgLi) 0.576

Lithium carbonate (Li2CO3) 1.000

(Added by Stats. 2022, Ch. 63, Sec. 6. (SB 125) Effective June 30, 2022.)