California Public Utilities Code CHAPTER 5 - Transactions and Use Tax

• Section 150200.
  The Legislature, by the enactment of this chapter, intends the additional funds provided government agencies by this chapter to supplement existing local revenues being used...
• Section 150201.
  A retail transactions and use tax ordinance shall be imposed by the authority in accordance with Section 150206 and Part 1.6 (commencing with Section 7251)...
• Section 150202.
  The retail transactions and use tax ordinance shall state the nature of the tax to be imposed, the tax rate or the maximum tax rate,...
• Section 150203.
  (a) The county shall conduct the elections called pursuant to Section 150201.(b) The elections shall be called and conducted in the same manner as provided by law...
• Section 150204.
  (a) Any retail transactions and use tax ordinance adopted pursuant to this chapter shall be operative on the first day of the first calendar quarter commencing...
• Section 150205.
  (a) Revenues from the retail transactions and use tax imposed pursuant to this chapter shall be allocated by the authority for public transportation purposes consistent with...
• Section 150206.
  (a) The authority, subject to the approval of the voters, may impose a maximum tax rate of 1 percent under this division and Part 1.6 (commencing...
• Section 150207.
  The authority may reduce the tax rate to a percentage lower than that approved by the voters and may further provide for an increase of...
• Section 150208.
  (a) A ballot proposition to approve an ordinance for the imposition of a retail transactions and use tax, shall seek authorization to issue bonds payable from...
• Section 150209.
  (a) The bonds authorized by the voters concurrently with the approval of the retail transactions and use tax may be issued by the authority at any...
• Section 150210.
  The authority may provide for the bonds to bear a variable interest rate, for the manner and intervals in which the rate shall vary, and...
• Section 150211.
  Limited tax bonds shall be issued pursuant to a resolution adopted at any time, and from time to time, by the authority by a four-fifths...
• Section 150212.
  Any bonds issued pursuant to this chapter are a legal investment for all trust funds; for the funds of insurance companies, commercial and savings banks,...
• Section 150213.
  Any action or proceeding wherein the validity of the adoption of the retail transactions and use tax ordinance provided for in this chapter or the...
• Section 150214.
  The commission may not impose any tax other than the retail transactions and use tax imposed upon approval of the voters in accordance with this...

Last modified: October 22, 2018