City Hall
1 Dr. Carlton B. Goodlett
Place
San Francisco, CA 94102-
4689
City and County of San Francisco
Legislation Details
File #:
Version:
1
231007
Name:
Business and Tax Regulations Code - Transfer Tax
Exemption for Affordable Housing
Status:
Type:
Ordinance
Passed
File created:
In control:
9/26/2023
Clerk of the Board
On agenda:
Final action:
12/15/2023
Enactment date:
12/15/2023
008-24
Enactment #:
Title:
Ordinance amending the Business and Tax Regulations Code to broaden the exemption from the
increased transfer tax rates when the consideration or value of the interest or property conveyed
equals or exceeds $5,000,000 for transfers of certain rent-restricted affordable housing; applying the
exemption retroactively to transfers occurring on or after January 1, 2017; extending the exemption
through December 31, 2030; and affirming the Planning Department’s determination under the
California Environmental Quality Act.
Sponsors:
Dean Preston, Connie Chan, Rafael Mandelman, Ahsha Safai, Hillary Ronen
Attachments:
1. Leg Ver1, 2. Leg Dig Ver1, 3. FYI Referral 092923, 4. PLN CEQA Ref 092923, 5. PLN CEQA Det
103023, 6. BLA Rpt 111523, 7. Cmte Pkt 111523, 8. Public Correspondence, 9. Board Pkt 112823, 10.
Board Pkt 120523, 11. Leg Final
Action By
Date
Action
Result
Ver.
ASSIGNED UNDER 30 DAY RULE
President
9/26/2023
1
REFERRED TO DEPARTMENT
Clerk of the Board
9/29/2023
1
RESPONSE RECEIVED
Planning Department
10/30/2023
1
RECOMMENDED
Budget and Finance Committee
11/15/2023
1
Pass
PASSED ON FIRST READING
Board of Supervisors
11/28/2023
1
Pass
FINALLY PASSED
Board of Supervisors
12/5/2023
1
Pass
APPROVED
Mayor
12/15/2023
1
ERRATA PREPARED AND SIGNED BY
CLERK OF THE BOARD
Clerk of the Board
1/19/2024
1