California Revenue and Taxation Code

§ 2266

RTC § 2266Div. 1 · Part 4 · Ch. 3 · Art. 4

Statute text

This section shall provide an alternate procedure to the other provisions of this chapter for establishing maximum property tax rates. The maximum property tax rate which may be levied by, or on behalf of, a local agency shall be a rate equivalent to the following:

(1)The maximum property tax rate which could have been levied for such agency pursuant to any provision of this chapter for the prior fiscal year, plus

(2)A property tax rate, not less than zero, on the secured roll which would produce an amount of property tax revenue equal to the following:

…

Legislative history

Amended by Stats. 1977, Ch. 309.