The authority, in the retail transactions and use tax ordinance, shall state the nature of the tax to be imposed, shall provide the tax rate or rates or the maximum tax rate or rates, shall specify the purposes for which the revenue derived from the tax will be used, and may set a term, not to exceed 30 years, during which the tax may be imposed.
Cal. Pub. Util. Code § 142251
Transactions and Use Taxes
Known as the Fresno County Transportation Improvement Act
The act spans §§ 142000 to 142277 (59 sections).
Amended by Stats. 2001, Ch. 474, Sec. 8
Official source: California Legislative Information. Reproduced from public-domain California statutes; confirm against the official source for the current text. Not legal advice.