California Statutes

§ 67972. — 67972. (Amended by Stats. 2018, Ch. 771, Sec. 7.)

California·Code GOV Government Code - GOV·Title 7.96. TITLE 7.96. NORTH LAKE TAHOE TRANSPORTATION AUTHORITY·Ch. 3. CHAPTER 3. Powers and Functions of the Authority
(a)In the ordinance, the authority shall do all of the following:
(1)State the nature of the tax to be imposed.
(2)Provide the tax rate or the maximum tax rate.
(3)Specify the period during which the tax will be imposed.
(4)Specify the purposes for which the revenue derived from the tax will be used.
(b)The tax rate may be in .25 percent increments and may not exceed a maximum tax rate of 1 percent.

Free access — add to your briefcase to read the full text and ask questions with AI

California § 67972. (67972. (Amended by Stats. 2018, Ch. 771, Sec. 7.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

Legislative History

Amended by Stats. 2018, Ch. 771, Sec. 7. (AB 2920) Effective January 1, 2019.
View on official source ↗