California SB1408 allows the Contra Costa Transportation Authority to impose a transactions and use tax for countywide transportation programs.
California SB1408 adds a new chapter to the Revenue and Taxation Code, enabling the Contra Costa Transportation Authority to impose a transactions and use tax for countywide transportation programs. This tax can be set at a rate of up to 1 percent, provided it does not exceed the limit established in Section 7251.1. The tax can only be implemented if the Contra Costa Transportation Authority adopts an ordinance proposing the tax, submits it to the electorate, and secures voter approval. If the ordinance is not approved by January 1, 2045, the chapter will be repealed on that date.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.