City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
240698
Name:
Business and Tax Regulations Code - Gross
Receipts Tax Rates for NAICS Code 721
(Accommodation)
Status:
Type:
Ordinance
Passed
File created:
In control:
6/18/2024
Clerk of the Board
On agenda:
Final action:
8/8/2024
Enactment date:
8/8/2024
214-24
Enactment #:
Title:
Ordinance amending the Business and Tax Regulations Code to lower the gross receipts tax rates for
business activities described in North American Industry Classification System (NAICS), Code 721
(Accommodation), the classification generally applicable (with some exceptions) to providing lodging
or short-term accommodations for travelers, vacationers, and others, applicable to taxable gross
receipts between $2,500,000.01 and $25,000,000 in tax years 2025 and 2026, from 0.253% to
0.201%; in tax year 2027, from 0.264% to 0.209%; and in tax year 2028 and subsequent tax years,
from 0.271% to 0.215%, all conditioned on the passage of the ballot measure, entitled the “Local
Small Business Tax Cut Ordinance,” at the November 5, 2024, General Election.
Sponsors:
Mayor, Aaron Peskin, Rafael Mandelman
Attachments:
1. Leg Ver1, 2. Leg Dig Ver1, 3. PAM 30-Day Waiver 070824, 4. BLA Rpt 071724, 5. Cmte Pkt
071724, 6. Board Pkt 072324, 7. Board Pkt 073024, 8. Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED
President
6/18/2024
1
RECOMMENDED
Budget and Finance Committee
7/17/2024
1
Pass
PASSED ON FIRST READING
Board of Supervisors
7/23/2024
1
Pass
FINALLY PASSED
Board of Supervisors
7/30/2024
1
Pass
APPROVED
Mayor
8/8/2024
1