Statute · California Public Utilities Code

Cal. Pub. Util. Code § 142251 — Transactions and Use Taxes

Cal. Pub. Util. Code § 142251

Type
Statute
Source
California Public Utilities Code
Jurisdiction
California
Date
2002-01-01
Current through
Nov 2, 2026 (California Legislative Counsel)

The authority, in the retail transactions and use tax ordinance, shall state the nature of the tax to be imposed, shall provide the tax rate or rates or the maximum tax rate or rates, shall specify the purposes for which the revenue derived from the tax will be used, and may set a term, not to…

Citator

Cal. Pub. Util. Code § 142251 — Transactions and Use Taxes is in force in the current edition of the Code, and nothing recorded condemns it.

The authority, in the retail transactions and use tax ordinance, shall state the nature of the tax to be imposed, shall provide the tax rate or rates or the maximum tax rate or rates, shall specify the purposes for which the revenue derived from the tax will be used, and may set a term, not to exceed 30 years, during which the tax may be imposed.