California Public Utilities Code 132324 – (a) In the ordinance, the commission shall state the nature of …
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(a) In the ordinance, the commission shall state the nature of the tax to be imposed, the tax rate or the maximum tax rate, and the purposes for which the revenue derived from the tax will be used. In connection with the extension or expansion of the tax, the tax rate or the maximum tax rate may be increased from the tax rate or the maximum tax rate in effect at that time.
(b) If the tax is extended, the ordinance shall set forth the new term during which the tax will be imposed.
Terms Used In California Public Utilities Code 132324
- Commission: means the Public Utilities Commission created by §. See California Public Utilities Code 20
- State: means the State of California, unless applied to the different parts of the United States. See California Public Utilities Code 17
(c) If the tax is expanded, the ordinance shall contain an expenditure plan that includes the allocation of revenues for the expanded purposes.
(Amended by Stats. 2008, Ch. 83, Sec. 7. Effective January 1, 2009.)