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CA AB2443
Bill
Status
9/29/2024
Primary Sponsor
Juan Carrillo
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AI Summary
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Authorizes the Cities of Lancaster, Palmdale, and Victorville to each impose a transactions and use tax of up to 1% for general or specific purposes, subject to city council adoption and voter approval.
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Allows these taxes to exceed the standard 2% combined rate limit established in Section 7251.1 of the Revenue and Taxation Code, with the new tax rate not counted toward that limit.
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Requires that any imposed tax conform to the Transactions and Use Tax Law (Part 1.6) except for the combined rate limitation in Section 7251.1.
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Automatically repeals each city's authorization on January 1, 2029, if an ordinance or citizens' initiative proposing the tax has not been approved by that date.
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Declares the act an urgency statute taking effect immediately to address critical transportation infrastructure and general service needs in the three cities.
Legislative Description
Transactions and use taxes: Cities of Lancaster, Palmdale, and Victorville.
Last Action
Chaptered by Secretary of State - Chapter 961, Statutes of 2024.
9/29/2024