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File #: 210937    Version: 1 Name: Business and Tax Regulations Code - Affordable Housing Transfer Tax Exemption
Type: Ordinance Status: 30 Day Rule
Introduced: 9/7/2021 In control: Budget and Finance Committee
On agenda: Final action:
Enactment date: Enactment #:
Title: Ordinance amending the Business and Tax Regulations Code to exempt certain transfers of rent-restricted affordable housing occurring on or after January 1, 2021, from the increased transfer tax rates when the consideration or value of the interest or property conveyed equals or exceeds $5,000,000; and affirming the Planning Department’s determination under the California Environmental Quality Act.
Sponsors: Dean Preston
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1
Legislation Details
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