In Senate. Concurrence in Assembly amendments pending.
Summary
SB 762 lets the cities of Hercules, Carpinteria, Santa Maria and Santa Barbara County impose a local transaction and use tax at rates up to 1%, 0.5% or 0.25% even if the combined tax rate exceeds the state‑wide 2% limit. The tax can be used for general or specific purposes but only after the local council adopts an ordinance and voters approve it. If no voter‑approved ordinance is in place by Dec 31 2031, the authority is repealed.
AI-generated summary — may be incomplete or inaccurate. Verify against the official bill text.
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