California Public Utilities Code ARTICLE 5 - Transactions and Use Tax

• Section 132300.
  The Legislature, by the enactment of this article, intends the additional funds provided government agencies by this article to supplement existing local revenues being used...
• Section 132301.
  A retail transactions and use tax ordinance applicable in the incorporated and unincorporated territory of the county shall be imposed by the commission in accordance...
• Section 132302.
  The commission, in the ordinance, shall state the nature of the tax to be imposed, the tax rate or the maximum tax rate, the purposes...
• Section 132303.
  (a) The county shall conduct an election called by the commission pursuant to Section 132301.(b) The election shall be called and conducted in the same manner as...
• Section 132304.
  (a) Any transactions and use tax ordinance adopted pursuant to this article shall be operative on the first day of the first calendar quarter commencing more...
• Section 132305.
  The revenues from the taxes imposed pursuant to this article may be allocated by the commission for public transportation purposes consistent with the adopted regional...
• Section 132306.
  If taxes are imposed pursuant to this article for expenditure for public transit purposes, the commission shall allocate revenues derived therefrom to the transit development...
• Section 132307.
  (a) The commission, subject to the approval of the voters, may impose a maximum tax rate of 1 percent under this chapter and Part 1.6 (commencing...
• Section 132308.
  The commission may reduce a tax rate to percentages lower than that approved by the voters and may further provide for an increase of the...
• Section 132309.
  (a) The commission, as part of the ballot proposition to approve the imposition of a retail transactions and use tax, shall seek authorization to issue bonds...
• Section 132310.
  (a) The bonds authorized by the voters concurrently with the approval of the retail transactions and use tax may be issued by the commission at any...
• Section 132310.5.
  The commission may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and...
• Section 132311.
  Limited tax bonds shall be issued pursuant to a resolution adopted at any time, and from time to time, by the commission by a two-thirds...
• Section 132312.
  Any bonds issued pursuant to this article are a legal investment for all trust funds; for the funds of insurance companies, commercial and savings banks,...
• Section 132313.
  Any action or proceeding wherein the validity of the adoption of the retail transactions and use tax ordinance provided for in this article or the...
• Section 132314.
  The commission has no power to impose any tax other than the transactions and use tax imposed upon approval of the voters in accordance with...

Last modified: October 22, 2018