§ 21-44. Credit for city transfer taxes.

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The Recorder shall collect all taxes due under this article and, in addition, all taxes due under any separate transfer tax ordinance adopted by any city within the county. If a city adopts a conforming city transfer tax ordinance, Documentary Transfer Tax due pursuant to this article in connection with the transfer of an interest in real property located within such city shall be reduced by means of a fifty percent (50%) tax credit. No credit shall be allowed in the case of any city ordinance that is not a conforming city transfer tax ordinance. For purposes of this article, "conforming city transfer tax ordinance" shall mean an ordinance adopted pursuant to the provisions of paragraph (b) of Section 11911 of the Revenue and Taxation Code.

(Ord. No. 3982, § 2 (part), 3-25-08)

                    
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