Statute · California Government Code
Cal. Gov't Code § 67972 — Powers and Functions of the Authority
Cal. Gov't Code § 67972
- Type
- Statute
- Source
- California Government Code
- Jurisdiction
- California
- Date
- 2019-01-01
- Current through
- Nov 2, 2026 (California Legislative Counsel)
(a) In the ordinance, the authority shall do all of the following:
Citator
Cal. Gov't Code § 67972 — Powers and Functions of the Authority is in force in the current edition of the Code, and nothing recorded condemns it.
(a) In the ordinance, the authority shall do all of the following:
(1) State the nature of the tax to be imposed.
(2) Provide the tax rate or the maximum tax rate.
(3) Specify the period during which the tax will be imposed.
(4) Specify the purposes for which the revenue derived from the tax will be used.
(b) The tax rate may be in .25 percent increments and may not exceed a maximum tax rate of 1 percent.