§ 67972
79 words·~1 min read·
/ca/government-code/67972A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(a)In the ordinance, the authority shall do all of the following:
(1)State the nature of the tax to be imposed.
(2)Provide the tax rate or the maximum tax rate.
(3)Specify the period during which the tax will be imposed.
(4)Specify the purposes for which the revenue derived from the tax will be used.
(b)The tax rate may be in .25 percent increments and may not exceed a maximum tax rate of 1 percent.