Statute · California Public Utilities Code

Cal. Pub. Util. Code § 40331 — Transactions and Use Taxes and Revenue Bonds

Cal. Pub. Util. Code § 40331

Type: Statute
Source: California Public Utilities Code
Jurisdiction: California
Current through: Nov 2, 2026 (California Legislative Counsel)

Any transactions and use taxes ordinance adopted pursuant to this article shall be operative on the first day of the first calendar quarter commencing more than 120 days after the approval of such ordinance by the electors as provided in this article.

Citator

Cal. Pub. Util. Code § 40331 — Transactions and Use Taxes and Revenue Bonds is in force in the current edition of the Code, and nothing recorded condemns it.

Any transactions and use taxes ordinance adopted pursuant to this article shall be operative on the first day of the first calendar quarter commencing more than 120 days after the approval of such ordinance by the electors as provided in this article.

Prior to the operative date of the ordinance, the district shall contract with the State Board of Equalization to perform all functions incident to the administration and operation of the ordinance.