HomeMy WebLinkAbout214ORDINANCE NO.214
AN ORDINANCE OF THE TOWN OF LOS ALTOS HILLS AMENDING
CHAPTER 6 OF TITLE 3 OF THE LOS ALTOS HILLS MUNICIPAL
CODE ENTITLED "SALES AND USE TAXES"
The City Council of the Town of Los Altos Hills does ordain
as follows:
Section 1. Subparagraph (3) of paragraph (b) of Section 3-6.04
of Chapter 6 of Title 3 of the Los Altos Hills Municipal Code
entitled "Sales and Use Taxes", as amended, is amended to read:
(3) If a seller's permit has been issued to a
retailer under Section 6067 of the said Revenue and
Taxation Code, an additional seller's permit shall
not be required by reason of this section.
Section 2. Subparagraph (4.5) is added to paragraph (b) of
Section 3-6.04 of said Chapter 6 to read:
(4.5) There shall be excluded from the gross
receipts by which the tax is measured:
(1) The amount of any sales or use tax
imposed by the State of California upon a retailer
or consumer.
(11) The gross receipts from the sale of
tangible personal property to operators of water-
borne vessels to be used or consumed principally
outside the city in which the sale is made and
directly and exclusively in the carriage of persons
or property in such vessels for commercial purposes.
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(111) The gross receipts from the sale of
tangible personal property to operators of air-
craft to be used or consumed principally outside
the city in which the sale is made and directly
and exclusively in the use of such aircraft as
common carriers of persons or property under the
authority of the laws of this state, the United
States, or any foreign government.
Section 3. Subparagraph (3.5) is added to paragraph (b) of
Section 3-6.05 of said Chapter 6 to read:
(3.5) There shall be exempt from the tax due under this
section:
(1) The amount of any sales or use tax
imposed by the State of California upon a retailer
or consumer.
(11) The storage, use or other consumption of
tangible personal property, the gross receipts from
the sale of which has been subject to sales tax under
a sales and use tax ordinance enacted in accordance
with Part 1.5 of Division 2 of the Revenue and
Taxation Code by any city and county, county, or
city in this state.
(111) The storage, use, or other consumption of
tangible personal property purchased by operators of
waterborne vessels and used or consumed by such
operators directly and exclusively in the carriage
of persons or property in such vessels for commercial
purposes.
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(IV) In addition to the exemptions provided
in Sections 6366 and 6366.1 of the Revenue and
Taxation Code, the storage, use, or other consumption
of tangible personal property purchased by operators
of aircraft and used or consumed by such operators
directly and exclusively in the use of such aircraft
as common carriers of persons or property for hire or
compensation under a certificate of public convenience
and necessity issued pursuant to the laws of this state,
the United States, or any foreign government.
Section 4. Section 3.6-07 is added to said Chapter 6 to read:
Section 3-6.07. APPLICATION OF PROVISIONS RELATING TO
EXCLUSIONS AND EXEMPTIONS.
(a) Sections 3-6.04(b)(4.5) and 3-6.05(b)(3.5)
of this Chapter shall become operative on January 1st
of the year following the year in which the State Board
of Equalization adopts an assessment ratio for state -
assessed property which is identical to the ratio which
is required for local assessments by Section 401 of the
Revenue and Taxation Code, at which time Sections 3-6.04
(b)(4) and 3-6.05(b)(3) of this Chapter shall become
inoperative.
(b) In the event that Sections 3-6.04(b)(4.5) and
3-6.05(b)(3.5) of this Chapter become operative and the
State Board of Equalization subsequently adopts an assess-
ment ratio for state -assessed property which is higher
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than the ratio which is required for local assessments
by Section 401 of the Revenue and Taxation Code,
Sections 3-6.04(b)(4) and 3-6.05(b)(3) of this Chapter
shall become operative on the first day of the month
following the month in which such higher ratio is
adopted, at which time Sections 3-6.04(b)(4.5) and
3-6.05(b)(3.5) of this ordinance shall become inoperative
until the first day of the month following the month
in which the Board again adopts an assessment ratio for
state -assessed property which is identical to the ratio
required for local assessments by Section 401 of the
Revenue and Taxation Code, at which time Sections 3-6.04
(b) (4.5) and 3-6.05 (b) (3.5) shall again beca a operative and
Sections 3-6.04(b)(4) and 3-6.05(b)(3) shall become
inoperative.
Section 5. This ordinance shall be operative on January 1, 1974.
Section 6. This ordinance shall be posted within the Town of
Los Altos Hills in three (3) public places and shall become effective
thirty (30) days following its adoption.
I HEREBY CERTIFY that the foregoing ordinance was introduced
at a regular meeting of the City Council of the Town of Los Altos
Hills on/1love ,gec_ i , 1973, and was thereafter, at a
meeting of said Council held on lVeye if& /Y' , 1973, passed
and adopted.
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City Clerk