California Public Utilities Code Section 120485

CA Pub Util Code § 120485 (2017)  

The board, subject to the approval of the voters, may impose a maximum tax rate of one-half of 1 percent under this article and Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and Taxation Code. The board shall not levy the tax at a rate other than one-half or one-fourth of 1 percent unless specifically authorized by the Legislature.

(Added by Stats. 2017, Ch. 658, Sec. 7. (AB 805) Effective January 1, 2018.)

Last modified: October 25, 2018