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

California Statutes

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

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

(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.

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

(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.

California § 29142.8. (29142.8. (Amended by Stats. 1979, Ch. 264.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.