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| Authors | Arreguín | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Subject | Transactions and use tax: City of Hercules. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Relating To | relating to taxation. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Title | An act to add Chapter 3.13 (commencing with Section 7287.17) to Part 1.7 of Division 2 of the Revenue and Taxation Code, relating to taxation. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Last Action Dt | 2026-01-05 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| State | Amended Senate | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Status | Pending Referral | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
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| Latest Text | Bill Full Text | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Latest Text Digest |
Existing law authorizes cities and counties, subject to certain limitations and approval requirements, to levy a transactions and use tax for general or specific purposes in accordance with the procedures and requirements set forth in the Transactions and Use Tax Law, including a requirement that the combined rate of all taxes that may be imposed in accordance with that law in the jurisdiction not exceed 2%. This bill would authorize the City of Hercules to impose a transactions and use tax for general or specific purposes, at a rate of no more than 1%, that, in combination with other transactions and use taxes, would exceed the above-described combined rate limit of 2%, if certain requirements are met. The bill would provide that a transactions and use tax rate imposed pursuant to the bill will not be considered for purposes of the combined rate limit described above. This bill would make legislative findings and declarations as to the necessity of a special statute for the City of Hercules. |