Share to Facebook Share to Twitter Bookmark and Share
File #: 190695    Version: 1 Name: Initiative Ordinance - Business and Tax Regulations, Administrative Codes - Additional Tax on Businesses With Disproportionate Executive Pay
Type: Motion Status: Pending Committee Action
Introduced: 6/11/2019 In control: Budget and Finance Sub-Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Motion ordering submitted to the voters at an election to be held on November 5, 2019, an Ordinance amending the Business and Tax Regulations Code and Administrative Code to impose an additional gross receipts tax and administrative office tax on businesses with a ratio of the compensation of the business’s highest-paid employee to the median compensation paid to the business’s employees based in the City that exceeds 100:1, to fund Mental Health SF (as proposed in the initiative ordinance in Board File No. 190665) or other mental health services; and increasing the City’s appropriations limit by the amount collected under the additional tax for four years from November 5, 2019.
Sponsors: Matt Haney , Hillary Ronen, Shamann Walton, Gordon Mar, Vallie Brown, Norman Yee
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Referral CA CEQA 062019, 4. Referral CA CON 062019, 5. Referral SBC 062019, 6. Referral CA Mandated 062019
Legislation Details
 *NOTE: These reports are produced in HTML format and are accessible to screen readers.