CA AB366

Authorizes the City of Alameda to impose a transactions and use tax for general purposes that exceeds the standard 2% combined rate limit by up to 0.5%, allowing a maximum combined rate of 2.5%.

Requires the city to adopt an ordinance proposing the tax and obtain voter approval through an election conducted after January 1, 2017, subject to California Constitution Article XIII C requirements.

Requires the tax to conform to the state's Transactions and Use Tax Law except for the combined rate limit restriction in Section 7251.1.

Automatically repeals this authorization on January 1, 2025, if an approved ordinance has not been implemented by that date.

Declares that a special statute is necessary due to unique fiscal pressures in the City of Alameda.