File #: 241172    Version: 1 Name: Business and Tax Regulations Code - Commercial Vacancy Tax Exemption
Type: Ordinance Status: 30 Day Rule
Introduced: 12/3/2024 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Ordinance amending the Business and Tax Regulations Code to exempt from the commercial vacancy tax beginning on January 1, 2025, any taxable commercial space located in a named neighborhood commercial district or named neighborhood commercial transit district in which a City public infrastructure or construction project has a construction duration of more than 180 days in a calendar year, and from January 1, 2022, through December 31, 2024, any taxable commercial space located in the Taraval Street Neighborhood Commercial District or the Inner Taraval Street Neighborhood Commercial District.
Sponsors: Connie Chan
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Referral FYI 120924
Legislation Details
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