Section 240302.
240302. (a) The commission, in the ordinance, shall state the nature of the tax to be imposed, the tax rate or the maximum tax rate, the purposes for which the revenue derived from the tax will be used, and shall set a term during which the tax will be imposed. (b) The purposes for which the tax […]
Section 240303.
240303. (a) The county shall conduct an election called by the board of supervisors pursuant to Section 240301. (b) The election shall be called and conducted in the same manner as provided by law for the conduct of elections by a county. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240304.
240304. (a) Any transactions and use tax ordinance adopted pursuant to this chapter shall be operative on the first day of the first calendar quarter commencing more than 120 days after adoption of the ordinance. (b) Prior to the operative date of the ordinance, the commission shall contract with the State Board of Equalization to perform all […]
Section 240002.
240002. “Bonds” means indebtedness and securities of any kind or class, including bonds, notes, bond anticipation notes, and commercial paper. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240305.
240305. The revenues from the taxes imposed pursuant to this chapter shall be allocated by the commission for transportation purposes consistent with the adopted regional transportation improvement program and the regional transportation plan. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240003.
240003. “Commission” means the Riverside County Transportation Commission created pursuant to Section 130054. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240306.
240306. (a) The commission, subject to the approval of the voters, may impose a maximum tax rate of 1 percent under this division and the Transactions and Use Tax Law (Part 1.6 (commencing with Section 7251) of Division 2 of the Revenue and Taxation Code). The commission shall not levy a tax or multiple taxes at […]
Section 240004.
240004. “County” means the County of Riverside. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective July 28, 1987.)
Section 240307.
240307. Any increase or reduction in the tax rate adopted pursuant to Section 240306 or 240307 shall become effective on the first day of the calendar quarter which commences at least 120 days following the date of the commission’s vote approving the increased or reduced rate. (Added by Stats. 1987, Ch. 270, Sec. 2. Effective […]
Section 240100.
240100. The commission shall expend only that amount of the funds generated pursuant to this division for staff support, audit, administrative expenses, and contract services that are necessary and reasonable to carry out its responsibilities pursuant to this division. The commission shall not expend more than 1 percent of the funds received from the transactions […]