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b. The storage~ use~ or other consumption of tangible per- <br /> sonal property, the gross receipts from the sale of <br /> which have been subject to tax under a sales and use <br /> tax ordinance enacted in accordance with Part 1.5 of <br /> Division 2 of the Revenue and Taxation Code by any city <br /> and county~ county~ or city in this State shall be <br /> exempt from the tax due under this ordinance. <br /> <br /> c. There are exempted from the computation of the amount <br /> of sales tax the gross receipts from the sale of tan- <br /> gible personal property to operators of waterborne <br /> yessells to be used or consumed principally outside the <br /> city in which the sale is made and directly and ex <br /> clusively in the carriage of persons or property in <br /> such 'vessels for commercial purposes. <br /> <br /> d. The storage, use, or other consumption of tangible per-- <br /> sonal property purchased by operators of waterborne <br /> vessels and used or consumed by such operators directly <br /> and exclusively in the carriage of persons or property <br /> of such vessels for commercial purposes is exempted <br /> from the use tax. <br /> <br /> e. There are exempted from the computation of the amount <br /> of the sales tax the gross receipts from the sale of <br /> tangible personal property to operators of aircraft to <br /> be used or consumed principally outside the city in <br /> which the sale is made and directly and exclusively in <br /> the use of such aircraft as common carriers of persons <br /> or property under the authority of the laws of this <br /> state~ the United States~ or any foreign government. <br /> <br /> f. In addition to the exemptions provided in Sections 6366 <br /> and 6366.1 of the Revenue and Taxation Code the storage, <br /> use, or other consumption of tangible personal property <br /> purchased by operators of aircraft and used or consumed <br /> by such operators directly and exclusively in the use <br /> of such aircraft as common carriers of persons or pro- <br /> perty for hire or compensation under a certificate of <br /> public convenience and necessity issued pursuant to the <br /> laws of this state, the United States, or any foreign <br /> government is exempted from the use tax. <br /> <br />1'6.27 Application of Provisions Relating to Exclusions and <br />Exemptions. <br /> <br /> a. ~ lm6.26 of this ordinance shal~l become operative on <br /> January 1st of the year following the year in which the <br /> State Board of Equalization adopts an assessment ratio <br /> for state~assessed property which is identical to the <br /> ratio which is required for local assessments by Sec-v <br /> tion 401 of the Revenue and Taxation Code, at which time <br /> § 1-6.25 of this ordinance shall become inoperative. <br /> <br /> b. In the event that § 1-6.26 of this ordinance becomes <br /> operative and the State Board of Equalization subse~ <br /> quently adopts an assessment ratio for the state~ <br /> assessed property which is higher than the ratio which <br /> iS required for local assessments by Section 401 of the <br /> Revenue and Taxation Code~ ~ 1-6.25 of this ordinance <br /> shall become operative on the first day of the month <br /> next following the month in which such higher ratio is <br /> adopted, at which time ~ 16~26 of this ordinance <br /> shall be inoperative until the first day of the month <br /> <br /> <br />