2005 California Revenue and Taxation Code Sections 7286.50 CHAPTER 2.92. FORT BRAGG TRANSACTIONS AND USE TAX

REVENUE AND TAXATION CODE
SECTION 7286.50

7286.50.  (a) Subject to subdivision (b), the City of Fort Bragg may
levy a transactions and use tax at a rate of 0.25 or 0.5 percent, if
an ordinance or resolution proposing that tax is approved by a
majority vote of all the members of the city council and the tax is
approved by a two-thirds vote of the qualified voters of the city
voting in an election on the issue.
   (b) (1) Any transactions and use tax levied under this section
shall be levied pursuant to the Transactions and Use Tax Law (Part
1.6 (commencing with Section 7251)).
   (2) The net revenues derived from a tax levied under this section
shall be expended only for the repair, replacement, construction, or
reconstruction of the city's streets and roads system.
   (c) This section shall remain in effect only until January 1,
2002, and as of that date is repealed.  In addition, any tax imposed
pursuant to this section shall cease to be operative on that date.
However, any net revenues derived from that tax that remain
unexpended as of that date shall be expended in accordance with
paragraph (2) of subdivision (b) until those net revenues are
exhausted.


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