Section § 240000

Explanation

Esta sección de la ley establece el nombre oficial para una división, que se denomina Ley del Impuesto sobre las Ventas para el Transporte del Condado de Riverside. Indica que esta ley puede ser referida por este título.

La división se conocerá y podrá ser citada como la Ley del Impuesto sobre las Ventas para el Transporte del Condado de Riverside.

Section § 240001

Explanation

This law highlights the need for alternative methods to finance transportation projects in Riverside County due to limited resources. The goal is to support the construction and maintenance of highways, streets, roads, and public transport, thereby boosting economic growth and benefiting public welfare.

It also ensures that Riverside County will continue to receive its fair share of state transportation funds and encourages local sales tax measures by offering rewards rather than penalties.

Furthermore, it allows Riverside County voters to approve specific revenue sources and grants new responsibilities to the local transportation commission to improve the transportation system effectively.

The Legislature hereby finds and declares all of the following:
(a)CA Utilities ng Pampubliko Code § 240001(a) Recognizing the scarcity of resources available for all transportation development, alternative methods of financing provided in this division are needed to finance the cost of constructing, developing, acquiring, and maintaining and providing highways, streets, roads, and public transportation services in the County of Riverside and these methods will increase economic opportunities, contribute to economic development, be in the public interest and serve a public purpose, and promote the health, safety, and welfare of the citizens within the County of Riverside.
(b)CA Utilities ng Pampubliko Code § 240001(b) It is the intent of the Legislature, in enacting this division, that the County of Riverside continue to receive its equitable share of funds under the state transportation improvement program and that incentives be provided to reward rather than to penalize counties that adopt local sales tax measures.
(c)CA Utilities ng Pampubliko Code § 240001(c) It is in the public interest to allow the voters of Riverside County to adopt a specific revenue source and to authorize new duties for the Riverside County Transportation Commission so that local decisions can be implemented in a timely manner to provide improvements to the transportation system.

Section § 240002

Explanation

Esta sección define el término "Bonos" como cualquier tipo de deuda o valor, como bonos, pagarés, pagarés de anticipación de bonos y papel comercial.

“Bonos” significa endeudamiento y valores de cualquier tipo o clase, incluyendo bonos, pagarés, pagarés de anticipación de bonos y papel comercial.

Section § 240003

Explanation

Ang seksyon ng batas na ito ay nagbibigay-kahulugan sa terminong "Komisyon" partikular bilang ang Riverside County Transportation Commission, na itinatag alinsunod sa ibang seksyon ng batas.

Ang “Komisyon” ay nangangahulugan ng Riverside County Transportation Commission na nilikha alinsunod sa Seksyon 130054.

Section § 240004

Explanation

[TL: This law section defines "County" as the County of Riverside. It's all about specifying that whenever the term "County" is used, it refers specifically to Riverside County.]

[TL: “County” means the County of Riverside.]