{"code":"PUC","codeName":"Public Utilities Code","section":"40300","citation":"Pub. Util. Code, § 40300","status":"in-force","lawOn":"2026-09-28","headings":[{"name":"DIVISION 10. TRANSIT DISTRICTS [24501. - 107025.]","url":"https://blackletter.si/public-utilities-code/division-10"},{"name":"PART 4. ORANGE COUNTY TRANSIT DISTRICT [40000. - 40617.]","url":"https://blackletter.si/public-utilities-code/division-10/part-4"},{"name":"CHAPTER 8. Taxation [40300. - 40336.]","url":"https://blackletter.si/public-utilities-code/division-10/part-4/chapter-8"},{"name":"ARTICLE 1. Property Taxation [40300. - 40310.]","url":"https://blackletter.si/public-utilities-code/division-10/part-4/chapter-8/article-1"}],"history":"Added by Stats. 1974, Ch. 508.","effective":null,"html":"<p>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 valuation within the district exclusive of any tax levied to meet the bonded indebtedness of the district and the interest thereon.</p>","text":"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 valuation within the district exclusive of any tax levied to meet the bonded indebtedness of the district and the interest thereon.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/property-taxation-40300","source":"California Legislative Information bulk export (pubinfo)"}