BlackletterCalifornia law

Public Utilities Code § 40301

ARTICLE 1. Property Taxation

Current as of September 28, 2026Pub. Util. Code, § 40301Official source ↗

Added by Stats. 1974, Ch. 508.

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.