California Law (Last Updated: March 4, 2014) |
Public Utilities Code - PUC |
Division 10. TRANSIT DISTRICTS |
Part 5. SAN JOAQUIN REGIONAL TRANSIT DISTRICT |
Chapter 6. Powers and Functions of District |
ARTICLE 8. Taxation |
Section 50210.
Latest version.
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The district may levy, and collect or cause to be collected, taxes for any lawful purpose subject to a maximum limit of five cents ($0.05) per one hundred dollars ($100) of assessed value of all real estate and personal property; provided however, the district shall have the further power to levy, collect or cause to be collected, said property taxes to a maximum limit of ten cents ($0.10) if approval is first obtained from the City Council of the City of Stockton and the Board of Supervisors of the County of San Joaquin.
(Added by Stats. 1963, Ch. 839.)