Section 4702 Of Chapter 3. Alternative Method Of Distribution Of Tax Levies And Collections And Of Tax Sale Proceeds From California Revenue And Taxation Code >> Division 1. >> Part 8. >> Chapter 3.
4702
. (a) The procedure authorized by this chapter may be placed in
effect in any county by resolution of the board of supervisors of
that county adopted not later than July 15th of the fiscal year for
which it is to first apply and shall thereafter remain in effect
unless the board orders its discontinuance or unless, prior to the
commencement of any subsequent fiscal year, the board receives a
petition for its discontinuance joined in by resolutions duly adopted
by the governing boards of not less than two-thirds of the
participating revenue districts in the county, in which event the
board shall order discontinuance of the procedure effective at the
commencement of the subsequent fiscal year.
(b) Notwithstanding subdivision (a), for the 1993-94 and 1994-95
fiscal years only, the procedure authorized by this chapter may be
placed in effect in any county by resolution of the board of
supervisors of that county adopted not later than October 15 of the
relevant fiscal year, and shall remain in effect unless otherwise
discontinued in accordance with the provisions of this chapter.