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Section 150206 Of Chapter 5. Transactions And Use Tax From California Public Utilities Code >> Division 15.5. >> Chapter 5.
150206
. (a) The authority, subject to the approval of the voters,
may impose a maximum tax rate of 1 percent under this division and
Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue
and Taxation Code, and the authority may state the maximum tax rate
at 1 percent or one-half of 1 percent. The authority shall not levy
the retail transactions and use tax at a rate other than 1 percent or
one-half of 1 percent, unless specifically authorized by the
Legislature.
(b) The tax rate adopted pursuant to this chapter, unless otherwise prohibited, may be increased by the authority by ordinance adopted in the manner and by the vote stated in Sections 150201 and approved by a majority of the electors voting on the measure at an election called for that purpose.
(b) The tax rate adopted pursuant to this chapter, unless otherwise prohibited, may be increased by the authority by ordinance adopted in the manner and by the vote stated in Sections 150201 and approved by a majority of the electors voting on the measure at an election called for that purpose.
