Measures for November ballot put forward

The number of boxes to check on the November ballot took a step toward being increased Tuesday when supervisors and the mayor submitted at least eight measures.

Tuesday was the deadline to introduce measures that would need six votes from supervisors to make it onto the November ballot.

Board of Supervisors President Aaron Peskin introduced two measures to increase the tax on property sales of $2 million or more and to close a loophole that keeps partners of business from being counted toward payrolls.

In the last several years, The City has seen a boom in its property transfer tax, a three-tiered tax that was expected to bring in $123.5 million in revenue this fiscal year, according to the Controller’s Office. But now, the Controller’s Office expects the tax to bring in just $91.6 million.

Peskin’s measure would create a fourth tier by doubling the tax on property sales of $2 million or more from 0.75 percent to 1.5 percent, according to documents.

“It doesn’t affect the vast majority of properties in this town,” Peskin said.

The measure could bring in an additional $30 million to $50 million annually, Deputy Controller Monique Zmuda said.

Supervisor Jake McGoldrick submitted a similar measure that would create several tiers of taxation starting at sales of $1 million and continuing to $2 million-plus. If the transfer exceeds $2 million the buyer would pay a tax of 1.75 percent, according to the language.

Another measure was an effort to plug a potential $43 million revenue hole after a state court ruled a local tax paying for the 911 service in Union City required voter approval.

To avoid a similar situation in The City, Mayor Gavin Newsom, with board support, introduced an ordinance that repeals the emergency response fee, imposes an access line tax on phone lines and modernizes the telephone users tax. A second measure would make it city policy that revenue from the access line tax was intended for 911.

Supervisor Chris Daly also introduced three measures, all of which are related to housing.

In May, supervisors submitted 17 proposed amendments to the city charter that range from removing the voter-approved mandate for police minimum staffing levels to making a move toward more city-owned power. The Board of Supervisors has until July 24 to vote on whether those go to the November ballot.

July 17 is the deadline for submission of measures that have four signatures from supervisors or by the mayor to be put on the ballot.

dsmith@sfexaminer.com

Ballot measures proposed

Tuesday was the deadline to introduce measures that will make it onto the November ballot if they receive six votes from supervisors.

SUPERVISOR AARON PESKIN

» Increase the property transfer tax for sales of $2 million or more to 1.5 percent

» Require firms, such as an architectural or legal, to pay payroll taxes on “partners”

SUPERVISOR JAKE McGOLDRICK

» Creates a staged tax increase on property sales starting at $1 million

SUPERVISOR CHRIS DALY

» Prohibit harassment by a landlord and provide rent reduction fines for harassing landlords

» Prohibit owner-move in evictions of units with children under 18 and amend definition of disability

» Places two-unit buildings into the condo-conversion lottery

MAYOR GAVIN NEWSOM

» Repeal emergency-response fee that pays for 911, impose access-line tax, modernize telephone users tax

» Would direct revenue from access-line tax for 911 service

Bay Area NewsLocal

If you find our journalism valuable and relevant, please consider joining our Examiner membership program.
Find out more at www.sfexaminer.com/join/

Just Posted

A proposal for a Trader Joe’s location in existing retail space in the bottom floor of the 555 Fulton St. building was up for a vote at the Planning Commission on Thursday, July 22, 2021. (Kevin N. Hume/The Examiner)
Trader Joe’s approved for Hayes Valley, bringing long-awaited grocery store

New Seasons Market canceled plans at 555 Fulton St. citing construction delays

Gov. Newsom wants $4.2 billion to finish the Central Valley link for the bullet train, but legislators aren’t sold. (Illustration by Anne Wernikoff, CalMatters; iStock; CA High Speed Rail Authority; Shae Hammond for CalMatters)
Bullet train budget battle: Should California spend more on urban transit, not high-speed rail?

By Marissa Garcia CalMatters High-speed rail was supposed to connect California’s urban… Continue reading

Cooks work in the kitchen at The Vault Garden. (Courtesy Hardy Wilson)
Help wanted: SF restaurants are struggling to staff up

Some small businesses have to ‘sweeten the pot’ when hiring workers

Gov. Gavin Newsom speaks at Ruby Bridges Elementary School in Alameda during a March 2021 press conference. (Credit Ed Reed/EdSource)
How California plans to deter costly special education disputes

Fund is meant to help parents and schools settle differences before heading to court

Hundreds of Britney Spears fans and supporters rallied in support of ending her 13-years-long conservatorship and the removal of her father, Jamie Spears, as her conservator, at the Los Angeles County Superior Courthouse on July 14, 2021. (Photo by Ted Soqui, SIPA USA via AP Images)
The Britney effect: How California is grappling with conservatorship

By Jocelyn Wiener CalMatters However improbable, this has become the summer we… Continue reading

Most Read