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File #: 200629    Version: Name: Initiative Ordinance - Business and Tax Regulations Code - Tax on Businesses With Disproportionate Executive Pay
Type: Motion Status: Passed
Introduced: 6/9/2020 In control: Clerk of the Board
On agenda: Final action: 7/28/2020
Enactment date: 7/28/2020 Enactment #: M20-092
Title: Motion ordering submitted to the voters at an election to be held on November 3, 2020, an Ordinance amending the Business and Tax Regulations Code to impose an additional gross receipts tax or an administrative office tax on businesses with a greater than 100:1 ratio of the compensation of the business’s highest-paid managerial employee to the median compensation paid to the business’s employees based in the City; and increasing the City’s appropriations limit by the amount collected under the additional tax for four years from November 3, 2020.
Sponsors: Matt Haney, Hillary Ronen, Shamann Walton, Gordon Mar, Dean Preston, Rafael Mandelman, Sandra Lee Fewer, Aaron Peskin, Norman Yee, Ahsha Safai
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Co-sponsor Request 0615200, 4. President Transfer Memo 061820, 5. Referral CA CEQA 062320, 6. Referral CA CON 062320, 7. Referral CA Mandated 062320, 8. CEQA Determination 070220, 9. Comm Pkt 071620, 10. CON Financial Analysis 071520, 11. Co-sponsor Request 071520, 12. Leg Ver2, 13. Leg Dig Ver2, 14. Comm Pkt 072220, 15. Referral CON 071720, 16. Referral CA Mandated 071720, 17. Referral CEQA 071720, 18. Co-sponsor Request 071820, 19. CON Email 072120, 20. CEQA Determination 072220, 21. Board Pkt 072820, 22. Leg Final, 23. Transmitted to Elections 073120
Legislation Details
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