California Revenue and Taxation Code

§ 7203.1

RTC § 7203.1 Effective Sep 20, 2004Div. 2 · Part 1.5 · Ch. 1

Statute text

(a)Notwithstanding any other provision of law, during the revenue exchange period only, the authority of a county or a city under this part to impose a tax rate as specified in an ordinance adopted pursuant to Sections 7202 and 7203 is suspended, and the tax rate to be applied instead during that period under any ordinance as so adopted is the applicable of the following:

(1)In the case of a county, 1 percent.

(2)In the case of a city, three-quarters of 1 percent or less.

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Legislative history

Amended (as amended by Stats. 2004, Ch. 211) by Stats. 2004, Ch. 610, Sec. 10. Effective September 20, 2004. Note: The revenue period specified in subds. (a) and (b) ended on Jan. 1, 2016, pursuant to issuance of the notification described in subd. (b) of GOV Section 99006.