Section 55704.5 Of Chapter 5. Tax Sharing From California Government Code >> Division 2. >> Title 5. >> Part 2. >> Chapter 5.
55704.5
. Pursuant to subdivision (b) of Section 29 of Article XIII
of the California Constitution, on or after November 4, 1998,
counties, cities and counties, and cities may enter into contracts to
apportion revenue between them, provided that both of the following
conditions are met:
(a) Each contract is proposed in an ordinance or resolution of the
governing body of each jurisdiction that is a party to that
contract.
(b) Each proposing ordinance or resolution described in
subdivision (a) is approved by a two-thirds vote of the governing
body to which it is submitted.