City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
2
081030
Name:
Payroll Expense Tax
Status:
Type:
Ordinance
Passed
File created:
In control:
7/15/2008
Board of Supervisors
On agenda:
Final action:
8/1/2008
Enactment date:
147-08
Enactment #:
Title:
Ordinance submitting to the voters an ordinance amending the Business and Tax Regulations Code
by (1) amending Section 902.1 and adding Section 902.2 to clarify the tax liability of "pass through
entities" under the Payroll Expense Tax Ordinance, including partnerships, Subchapter S
corporations, limited liability companies, limited liability partnerships and other persons or entities not
subject to federal income tax or which are allowed a deduction in computing such tax for distributions
to the owners or beneficiaries of such persons or entities and specifying safe harbor measure of
taxable payroll expense for owners of pass through entity (200% of compensation for its most highly
paid quartile of employees, provided entity has at least 4
employees); and (2) amending Section 905-A to increase the Small Business Tax Exemption to
include all taxpayers whose taxable payroll expense is $250,000 or less.
Sponsors:
Aaron Peskin, Bevan Dufty
Attachments:
1. Legislation_Ver1, 2. Legislation_Ver2, 3. Legislation_Ver3, 4. Leg_Final
Action By
Date
Action
Result
Ver.
CONTINUED AS DIVIDED
Government Audit and Oversight
Committee
7/14/2008
1
Pass
RECOMMENDED AS COMMITTEE
REPORT
Government Audit and Oversight
Committee
7/21/2008
1
Pass
AMENDED, AN AMENDMENT OF THE
WHOLE BEARING NEW TITLE
Board of Supervisors
7/22/2008
1
Pass
PASSED ON FIRST READING AS
AMENDED
Board of Supervisors
7/22/2008
2
Pass
FINALLY PASSED
Board of Supervisors
7/29/2008
2
Pass
APPROVED
Mayor
8/1/2008
2