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CA SB703
Bill
AI Summary
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County of Alameda authorized to impose a transactions and use tax of up to 0.5% for general or specific purposes supporting countywide programs, subject to voter approval under Article XIII C of the California Constitution.
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County of Santa Clara authorized to impose a transactions and use tax of up to 0.625% for general or specific purposes supporting countywide programs, subject to voter approval under Article XIII C of the California Constitution.
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City of Santa Fe Springs authorized to impose a transactions and use tax of up to 1% for general or specific purposes supporting citywide programs, subject to voter approval under Article XIII C of the California Constitution.
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These authorized tax rates would exceed the existing 2% combined rate limit established in Section 7251.1 of the Revenue and Taxation Code, but comply with all other provisions of the Transactions and Use Tax Law.
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Authorization automatically repeals on December 31, 2022, for any county or city that has not approved an ordinance proposing the tax by that date.
Legislative Description
Transactions and use taxes: Counties of Alameda and Santa Clara and City of Santa Fe Springs.
Last Action
Chaptered by Secretary of State. Chapter 651, Statutes of 2017.
10/10/2017