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File #: 140695    Version: 1 Name: Hearing - Initiative Ordinance - Business and Tax Regulations Code - Surtax on Transfers of Residential Real Property Within Five Years of a Prior Transfer
Type: Hearing Status: Filed
Introduced: 6/17/2014 In control: Rules Committee
On agenda: Final action: 10/27/2014
Enactment date: Enactment #:
Title: Hearing held to consider the proposed initiative ordinance submitted by four of more Supervisors to the voters at the November 4, 2014, Election entitled "Ordinance amending the Business and Tax Regulations Code to impose a surtax on the transfer of certain residential real property within five years of the prior transfer of the property, to exempt certain transfers from the surtax, and to permit the Board of Supervisors to exempt from the surtax and the existing tax imposed under Article 12-C of the Business and Tax Regulations Code transfers of real property subject to certain affordability-based restrictions on the occupancy of the real property.
Sponsors: Eric Mar, David Campos, John Avalos, Jane Kim
Attachments: 1. Initiative Ord, 2. Comm Pkt 071014, 3. Financial Analysis 071014, 4. Submission Receipt 071814, 5. Parrinello Ltr 072214
Legislation Details
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