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File #: 210937    Version: 1 Name: Business and Tax Regulations Code - Affordable Housing Transfer Tax Exemption
Type: Ordinance Status: Passed
Introduced: 9/7/2021 In control: Clerk of the Board
On agenda: Final action: 11/12/2021
Enactment date: 11/12/2021 Enactment #: 205-21
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, Connie Chan, Gordon Mar, Ahsha Safai, Matt Haney, Rafael Mandelman, Hillary Ronen, Shamann Walton, Myrna Melgar
Attachments: 1. Leg Ver1, 2. Leg Dig Ver1, 3. Referral - CEQA Review, 4. Referral - FYI, 5. CEQA Determination 093021, 6. BLA Report 102021, 7. Comm Pkt 102021, 8. Co Sponsor Req - Sup Chan, 9. Board Pkt 102621, 10. Board Pkt 110221, 11. Leg Final
Legislation Details
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