California Statutes
§ 120481. — 120481. (Amended by Stats. 2019, Ch. 758, Sec. 3.)
California·Code PUC Public Utilities Code - PUC·Div. 11. DIVISION 11. TRANSIT DEVELOPMENT BOARDS·Ch. 4. CHAPTER 4. Powers and Functions·Art. 11. ARTICLE 11. Transactions and Use Tax
(a)The board, in the ordinance, shall state the nature of the tax to be imposed, the tax rate or the maximum tax rate, the purposes for which the revenue derived from the tax will be used, the portion of the area of the board to which the tax would apply, and may set a term during which the tax will be imposed. The purposes for which the tax revenues may be used shall be limited to public transit purposes serving the area of jurisdiction of the board, as determined by the board, including the administration of this division and legal actions related thereto. These purposes include expenditures for planning, environmental reviews,
engineering and design costs, and related right-of-way acquisition. The ordinance shall contain an expenditure plan that shall include the allocation of re
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California § 120481. (120481. (Amended by Stats. 2019, Ch. 758, Sec. 3.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Amended by Stats. 2019, Ch. 758, Sec. 3. (AB 1413) Effective January 1, 2020.