LOS ANGELES -- A California appellate court struck down a voter-approved sales tax increase for transportation projects in Santa Clara County, a decision that could have statewide implications for similar issuers.

In a 2-to-1 ruling filed last Wednesday, the California Sixth Appellate District Court of Appeal overturned Measure A, which was approved a year ago by 54.1% of Santa Clara County voters to raise $3.5 billion over 20 years for mass transit projects.

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