California § 29142.2. 29142.2. (Amended by Stats. 1984, Ch. 115, Sec. 1.)

California Statutes

§ 29142.2. — 29142.2. (Amended by Stats. 1984, Ch. 115, Sec. 1.)

California·Code PUC Public Utilities Code - PUC·Div. 10. DIVISION 10. TRANSIT DISTRICTS·Part 2. PART 2. SAN FRANCISCO BAY AREA RAPID TRANSIT DISTRICT·Ch. 7. CHAPTER 7. Taxation·Art. 2. ARTICLE 2. Retail Transactions and Use Tax

Notwithstanding Section 7271 of the Revenue and Taxation Code, after deduction for the cost of the State Board of Equalization in administering the transactions and use tax, the amounts collected under the ordinance adopted pursuant to Section 29140 and available for distribution shall be allocated as follows:

(a)Seventy-five percent to the San Francisco Bay Area Rapid Transit District.

(b)Twenty-five percent shall be allocated by the Metropolitan Transportation Commission to the San Francisco Bay Area Rapid Transit District, the City and County of San Francisco for its municipal railway system, and the Alameda-Contra Costa Transit District for transit services on the basis of regional priorities established by the commission. The allocations by the commission to these transit oper

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

Notwithstanding Section 7271 of the Revenue and Taxation Code, after deduction for the cost of the State Board of Equalization in administering the transactions and use tax, the amounts collected under the ordinance adopted pursuant to Section 29140 and available for distribution shall be allocated as follows:
(a)
Seventy-five percent to the San Francisco Bay Area Rapid Transit District.
(b)
Twenty-five percent shall be allocated by the Metropolitan Transportation Commission to the San Francisco Bay Area Rapid Transit
District, the City and County of San Francisco for its municipal railway system, and the Alameda-Contra Costa Transit District for transit services on the basis of regional priorities established by the commission. The allocations by the commission to these transit operators for transit services shall be in accordance with the criteria in the financial management plan which is to be developed and annually revised by the commission in coordination with the Alameda-Contra Costa Transit District, the San Francisco Bay Area Rapid Transit District, and the City and County of San Francisco.

California § 29142.2. (29142.2. (Amended by Stats. 1984, Ch. 115, Sec. 1.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.