California Statutes
§ 2273.1. — 2273.1. (Added by Stats. 1973, Ch. 358.)
California·Code RTC Revenue and Taxation Code - RTC·Div. 1. DIVISION 1. PROPERTY TAXATION·Part 4. PART 4. LEVY OF TAX·Ch. 3. CHAPTER 3. Reimbursement for Costs Mandated by the State·Art. 5. ARTICLE 5. Additional Property Tax Rates
The provisions of Section 2273 shall apply to a contract or lease signed after January 1, 1973, if a local agency, in anticipation of such contract, shall have taken formal action prior to January 1, 1973, to implement one or more projects to be acquired or constructed pursuant to such contract. “Formal action to implement any one or more projects” means:
(a)The incurring of a liability for a substantial portion of an architectural or engineering contract relating to the project; or
(b)The acquisition of land or improvements for the project.
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California § 2273.1. (2273.1. (Added by Stats. 1973, Ch. 358.)) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.
Legislative History
Added by Stats. 1973, Ch. 358.