File #: 200653    Version: 1 Name: Hearing - Initiative Ordinance - Business and Tax Regulations Code - Tax on Businesses With Disproportionate Executive Pay
Type: Hearing Status: Filed
Introduced: 6/16/2020 In control: Budget and Finance Committee
On agenda: Final action: 7/16/2020
Enactment date: Enactment #:
Title: Hearing to consider the proposed Initiative Ordinance submitted by four or more Supervisors to the voters for the November 3, 2020, Election, entitled "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 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
Attachments: 1. Initiative Ordinance, 2. 200653 CA CEQA, 3. Rferral CA CON 062320, 4. Referral CA Mandated 062320, 5. Referral SBC 062320, 6. CEQA Determination, 7. Comm Pkt 071620, 8. CON Financial Analysis 071520, 9. Transmitted to Elections 071720, 10. Withdrawal 072920
Legislation Details
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