California Revenue and Taxation Code

§ 7292.5

RTC § 7292.5 Effective Jan 1, 2017Div. 2 · Part 1.7 · Ch. 3.75

Statute text

(a)Notwithstanding any other law, the City of Alameda may impose a transactions and use tax for general purposes that, in combination with all taxes imposed pursuant to the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251)), would not exceed the limit established in Section 7251.1 by more than 0.5 percent, if all of the following requirements are met:

(1)The city adopts an ordinance proposing the transactions and use tax subject to any applicable voter approval requirement.

(2)The ordinance proposing the transactions and use tax is submitted to the electorate and is approved by the voters voting on the ordinance pursuant to Article XIIIC of the California Constitution. The election on the ordinance proposing the transactions and use tax may occur after January 1, 2017.

…

Legislative history

Added by Stats. 2016, Ch. 502, Sec. 1. (AB 366) Effective January 1, 2017. Repealed conditionally on January 1, 2025, pursuant to Section 7292.6.