Cal. Pub. Util. Code § 142251

Current through the 2023 Legislative Session.
Section 142251 - Tax ordinance requirements

The authority, in the retail transactions and use tax ordinance, shall state the nature of the tax to be imposed, shall provide the tax rate or rates or the maximum tax rate or rates, shall specify the purposes for which the revenue derived from the tax will be used, and may set a term, not to exceed 30 years, during which the tax may be imposed.

Ca. Pub. Util. Code § 142251

Amended by Stats 2001 ch 474 (SB 685), s 8, eff. 1/1/2002.