{"code":"PUC","codeName":"Public Utilities Code","section":"40301","citation":"Pub. Util. Code, § 40301","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>If, in the opinion of the board, the transit operation revenues will not be sufficient for any and all lawful purposes, the board shall levy a tax for such purpose or purposes and fix the amount of money necessary to be raised therefor by taxation.</p>","text":"If, in the opinion of the board, the transit operation revenues will not be sufficient for any and all lawful purposes, the board shall levy a tax for such purpose or purposes and fix the amount of money necessary to be raised therefor by taxation.","otherVersions":[],"url":"https://blackletter.si/public-utilities-code/property-taxation-40301","source":"California Legislative Information bulk export (pubinfo)"}