Section 150205 Of Chapter 5. Transactions And Use Tax From California Public Utilities Code >> Division 15.5. >> Chapter 5.
150205
. (a) Revenues from the retail transactions and use tax
imposed pursuant to this chapter shall be allocated by the authority
for public transportation purposes consistent with the expenditure
plan referenced in the ordinance imposing the tax. The authority, by
a four-fifths vote of its members, may revise that expenditure plan
after conducting noticed public hearings on the proposed revision.
(b) The amounts allocated to projects within the county and the
city, respectively, shall be proportionate to the revenues derived
from the tax collected within each of the respective jurisdictions.