California Public Utilities Code 150205 – (a) Revenues from the retail transactions and use tax imposed …
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(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 the expenditure plan referenced in the ordinance imposing the tax. The authority, by a four-fifths vote of its members, may revise that expenditure plan after conducting noticed public hearings on the proposed revision.
(b) The amounts allocated to projects within the county and the city, respectively, shall be proportionate to the revenues derived from the tax collected within each of the respective jurisdictions.
Terms Used In California Public Utilities Code 150205
- City: includes city and county and "incorporated town" but does not include "unincorporated town" or "village. See California Public Utilities Code 19
- County: includes city and county. See California Public Utilities Code 18
(Added by Stats. 1986, Ch. 1521, Sec. 1.)