California § 29142.8. 29142.8. (Amended by Stats. 1979, Ch. 264.)

California Statutes

§ 29142.8. — 29142.8. (Amended by Stats. 1979, Ch. 264.)

California § 29142.8.

JurisdictionCalifornia

Code PUCPublic 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

This text of California § 29142.8. (29142.8. (Amended by Stats. 1979, Ch. 264.)) is published on Counsel Stack Legal Research, covering California primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Cal. Public Utilities Code - PUC Code § 29142.8. (2026).

Text

(a)Any portion of the transactions and use tax revenues available for allocation and not allocated by the Metropolitan Transportation Commission shall be invested through the Surplus Money Investment Fund. The amount invested and the accrued interest therefrom shall be available for allocation by the commission.

(b)Any funds which accumulated during a period an operator is not in compliance with Section 29142.4 may be allocated to any operator in compliance with that section at the time of allocation.

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(a)
Any portion of the transactions and use tax revenues available for allocation and not allocated by the Metropolitan Transportation Commission shall be invested through the Surplus Money Investment Fund. The amount invested and the accrued interest therefrom shall be available for allocation by the commission.
(b)
Any funds which accumulated during a period an operator is not in compliance with Section 29142.4 may be allocated to any operator in compliance with that section at the time of allocation.