California Public Utilities Code Section 40301

CA Pub Util Code § 40301 (2017)  

If, in the opinion of the board, the transit operation revenues will not be sufficient for any and all lawful purposes, the board shall levy a tax for such purpose or purposes and fix the amount of money necessary to be raised therefor by taxation.

(Added by Stats. 1974, Ch. 508.)

Last modified: October 25, 2018