Section 190307.5.

Latest version.

Any increase or reduction in the tax rate adopted pursuant to Section 190306 or 190307 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. 1. Effective July 28, 1987.)

                    
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