Some option counties participating in the Trial Court Funding Program will be required to shift a portion of the county's share of property taxes to certain qualifying cities. Section 97.35 of the Revenue and Taxation Code provides that most qualifying cities will receive 7% of the property tax revenues generated within their boundaries, phased in over a 7 year period. The shift begins in the 1989-90 fiscal year. Option counties will be required to submit to the State Controller a report of “eligible cities” as defined under Revenue and Taxation Code section 11005(b)(1)(B)(iv).

Note: Authority cited: Section 77205, Government Code. Reference: Section 77205, Government Code.

History

1. New section filed 3-19-90 pursuant to Government Code section 77205(d); operative 4-18-90 (Register 90, No. 15).

2. Editorial correction of printing error (Register 92, No. 10).