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File #: 180075    Version: 1 Name: Hearing - Initiative Ordinance - Business and Tax Regulations and Administrative Codes - Additional Gross Receipts Tax on Commercial Rents
Type: Hearing Status: Filed
Introduced: 1/23/2018 In control: Rules Committee
On agenda: Final action: 2/14/2018
Enactment date: Enactment #:
Title: Hearing to consider the proposed initiative ordinance submitted by four or more Supervisors to the voters at the June 5, 2018, Election, entitled "Ordinance amending the Business and Tax Regulations Code and Administrative Code to impose an additional tax of 1.7% on the gross receipts from the lease of commercial space in the City, to fund low- and middle-income housing and homelessness services and the General Fund; exempting from the additional tax rents from productions, distribution, and repair uses, retail sales and services uses, entertainment, arts and recreation uses, and nonprofit uses; and increasing the City's appropriations limit by the amount collected under the new tax for four years from June 5, 2018."
Sponsors: Ahsha Safai, Jeff Sheehy, Katy Tang, Malia Cohen, Mark Farrell
Attachments: 1. Initiative Ordinance, 2. Referral CA Mandated 020618, 3. Comm Pkt 021418, 4. Econ Impact Rpt 020818, 5. Financial Analysis 021318, 6. Hearing Submission 021618
Legislation Details
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