Wednesday, July 28, 2010

Tuesday, July 27, 2010

UPDATE: November 2010 Tax Proposals - Commercial Rent Tax and Parking Tax Increase Tabled - Real Estate Transfer Tax Advances



BOMA San Francisco Members:

UPDATE - As of July 27, 2010

The Board of Supervisors have tabled two of the three tax measures that were intended for the November 2010 ballot: the Commercial Rent Tax and Parking Tax increase.  The Board did approve the Real Estate Transfer Tax increase by a vote of 10-1.

While this is not a full defeat of all tax measures for the November ballot, we appreciate the efforts of BOMA San Francisco members' calls and emails to the members of the Board of Supervisors urging them to reconsider placing ANY new tax measures on the economically depressed business community.



BOMA San Francisco and the greater business community remains steadfast our effort to oppose any new revenue measures via Economic Recovery SF.  As we’ve been reporting, new or increased taxes would place yet another economic burden upon the thousands of small business, stunt job growth and delay economic recovery.

Click here to visit the Economic Recovery SF website to review what we are doing to stave off new tax measures.  The Real Property Transfer Tax, now on the November ballot, directly affects our industry and our clients.

UPDATE - As of July 20, 2010

The Board of Supervisors was scheduled to discuss all three tax measures today, July 20, 2010, but have voted unanimously to continue the final debate--and vote--until their next meeting on July 27, 2010, 2:00 p.m., Room 250. 
--------------------

UPDATE - As of July 15, 2010

Please find links to recently amended versions of the aforementioned tax proposals, below, that will be considered by the San Francisco Board of Supervisors on Tuesday, July 20, 2010:
We welcome your feedback on these tax measures.  Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

-------------------

Original post on June 8, 2010:

On June 8, 2010, members of the Board of Supervisors introduced three tax proposals that have a high probability of being placed on the November 2, 2010 ballot in some form:
  • Commercial Rent Tax (Supervisor David Chiu)
    • Click here to review the proposal.
    • This ordinance closely parallels the first of two alternatives to the current payroll tax as suggested by the Controller's final report on this topic.  Click here to read the final report and for more detailed coverage of the commercial rent tax issue.
  • Real Estate Transfer Tax Increase (Supervisor John Avalos)
    • Click here to review the proposal.
  • Parking Tax Increase (Supervisor Ross Mirkarimi)
    • Click here to review the proposal.

Monday, July 26, 2010

Bay Area Air Quality Management District's Boiler Emission Regulations




BOMA San Francisco Members:

Please note that the Bay Area Air Quality Management District (BAAQMD) is the oversight agency for recently adopted boiler emission regulations.  You can find more information on each regulation by clicking on the links below:
For compliance assistance, please call the BAAQMD at (415) 749-4999.

UPDATE: San Francisco's JOBS NOW! Program



BOMA San Francisco Members:

UPDATE - As of July 26, 2010

Recently, there have been reports that Congress may not extend funding past September 30, 2010 for the successful JOBS NOW! program.  At present, Mayor Gavin Newsom is working aggressively with the City's federal partners on an extension and, in the meantime, employers are strongly encouraged to continue to apply for this job creating program. 

Please click here for updates and more information. 

-------------------

Original Post - November 8, 2009

The San Francisco Human Services Agency (SF-HSA) is using newly available federal stimulus funds to expand subsidized employment opportunities, with a goal of placing 1,000 participants in jobs between May 2009 and September 2010.  This new program is called JOBS NOW!

Consistent with the goals of the federal stimulus package, the primary objectives of the JOBS NOW! program are to provide an immediate source of income for low-income families and to stimulate local economic recovery.  JOBS NOW! builds upon several successful transitional jobs programs already in place at SF-HSA, which were designed to help unemployed individuals address barriers to employment, develop soft skills, gain work experience and progress toward self-sufficiency. JOBS NOW! participants will exit the program with stable employment history, leaving them better positioned to obtain an unsubsidized job when the stimulus period ends. The JOBS NOW! program benefits local employers by providing referrals of qualified workers and by subsidizing 100% of their wages until September 30, 2010.  It's a win-win!

Thank you to SF Works for promoting this program.  If you'd like more information on JOBS NOW! for private and nonprofit employers please click here

California Recovery Task Force Launches Interactive Feature on Website




BOMA San Francisco Members:

The California Recovery Task Force announced on July 26, 2010 a new feature on its website, recovery.ca.gov, which allows Californians to map where money from the American Recovery and Reinvestment Act is being spent across California and identify the projects in their area.

To view a map of California showing a breakdown of spending on projects by County, Congressional District, Assembly District, and Senate District, click here. The current map shows data for the first quarter of this year, with the second quarter data to be added in the upcoming weeks.

UPDATE: San Francisco Ordinance Prohibiting Smoking in Enclosed Areas and Certain Unenclosed Areas



BOMA San Francisco Members:

UPDATE - July 26, 2010

We've been informed by the San Francisco Department of Public Health that BOMA San Francisco members are to start implementing all requirements of the Smoking Ordinance (San Francisco Health Code, Article 19F).  Click here for more detailed information on the new code.

The requirements are summarized as follows:
  • Post clear and prominent signs at each entrance to the premises no higher than 8 feet and no lower than 5 feet; and within 10 feet of the door or most appropriate place for visibility from outside.
  • Building entrances sign must include all of the following:
    • Read "Smoking only 1) at the curb, or 2) if no curb, at least 15ft. from exits, entrances, operable windows, and vents” in letters no less than 0.5 inch high.
    • The international "No Smoking" symbol, consisting of a pictorial representation of a burning cigarette enclosed in a circle, with a diameter of at least 3 inches with a bar across it 15 feet--language may be substituted for greater distances.
  • Post clear and prominent “no smoking” signs in any area on the premise where smoking is prohibited.
  • Request any patron to refrain from smoking in prohibited areas when appropriate. 
  • Remove any ashtray or ash receptacles from inside the premises.
If you have any questions or concerns about meeting the new requirements of the code, please contact Janine Young, SFDPH Program Coordinator at smoke_free.DPH@sfdph.org or call her at (415) 252-3903.  

--------------------

Original Post - July 19, 2010

We have recently posted information on the blog in regard to new law that has amended the San Francisco Health Code to prohibit smoking in certain enclosed areas, certain unenclosed areas and sports stadiums.

The San Francsico Board of Supervisors have passed a 'clean-up' measure that finalized necessary language changes to the the original ordinance.  Please click here to read the Smoking Prohibition Signage Requirement Ordinance and here for the Legislative Digest.  The changes affect the signage language that will now require posted signs at the entrances of all buildings to read:
  • "Smoking only 1) at the curb or 2) if no curb, at least 15 ft. from entrances, exits, operable windows, and vents."
 If you have any questions or concerns, please contact Ken Cleaveland, Director of Government and Public Affairs for BOMA San Francisco at kenc@boma.com and John Bozeman, Legislative Assistant for BOMA San Francisco at johnb@boma.com with your comments.

Wednesday, July 21, 2010

The News Links - July 20-21, 2010


Commercial Real Estate
San Francisco
Marin/San Mateo/Sonoma
California
The Economy
Energy & Environment
General

Tuesday, July 20, 2010

UPDATE: Tax Proposals to be Considered by the San Francisco Board of Supervisors on Tuesday, July 27, 2010


BOMA San Francisco Members:

UPDATE - As of July 20, 2010

The Board of Supervisors was scheduled to discuss all three tax measures today, July 20, 2010, but have voted unanimously to continue the final debate--and vote--until their next meeting on July 27, 2010, 2:00 p.m., Room 250. 
--------------------

UPDATE - As of July 15, 2010

Please find links to recently amended versions of the aforementioned tax proposals, below, that will be considered by the San Francisco Board of Supervisors on Tuesday, July 20, 2010:
We welcome your feedback on these tax measures.  Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

-------------------

Original post on June 8, 2010:

On June 8, 2010, members of the Board of Supervisors introduced three tax proposals that have a high probability of being placed on the November 2, 2010 ballot in some form:
  • Commercial Rent Tax (Supervisor David Chiu)
    • Click here to review the proposal.
    • This ordinance closely parallels the first of two alternatives to the current payroll tax as suggested by the Controller's final report on this topic.  Click here to read the final report and for more detailed coverage of the commercial rent tax issue.
  • Real Estate Transfer Tax Increase (Supervisor John Avalos)
    • Click here to review the proposal.
  • Parking Tax Increase (Supervisor Ross Mirkarimi)
    • Click here to review the proposal.

SFCTA Poll Shows San Francisco Voters Oppose Proposed Tax Measures




BOMA San Francisco Members:

The results of a survey of San Francisco registered voters conducted from July 1-6, 2010 by the San Francisco County Transpiration Authority (SFCTA)--an agency overseen by all 11 members of the San Francisco Board of Supervisors--was released on July 16, 2010.  The survey was conducted to determine the sentiment of the San Francisco electorate with regard to the implementation of a vehicle registration fee and, for comparison purposes, proposed new/increased tax measures (including the Commercial Rent Tax--click here for details on the three tax proposals) for the November 2010 ballot.

You can read the Executive Summary of the Survey Findings, here.

Not surprisingly, the results show that voters in San Francisco oppose any new general-tax measures.  From the Executive Summary (weblinks added):
Proposing tax measures without specifying how the revenue will be spent produces high levels of opposition. The Vehicle Registration Fee is the only one of the four potential local revenue measures tested to specify that the revenues would be spent on transportation, and it is the only one to obtain majority support (62% approval). The other four local revenue measures (an off-street parking tax, a property transfer tax, a payroll and commercial rental tax, and a hotel room surcharge tax) did not specify what the revenues would be used for, and they only obtained 28-45% approval. Similarly, support for the potential 0.5% Vehicle License Fee measure increased from 50% to 62% approval when voters believe that the revenues would be dedicated to transportation improvements (though this is not specified in the currently proposed legislation).
The Board of Supervisors is scheduled to discuss these tax measures today, July 20, 2010, at 2:00 p.m., City Hall, Room 250.  Click here for the agenda (taxes are listed on page 17) and here to watch the hearing.

BOMA San Francisco is a leading partner with the business community to stop any new taxes.  As we’ve been reporting, ANY new taxes would place yet another economic burden upon the thousands of small business, stunt job growth and delay economic recovery.





Click here to visit the Economic Recovery SF website to review what we are doing to stave off new tax measures.  The commercial rent tax and the real property transfer tax directly affect our industry and our clients.

Monday, July 19, 2010

The News Links - July 16-19, 2010



Commercial Real Estate
San Francisco
Marin/San Mateo/Sonoma
California
The Economy
Energy & Environment
General

Transbay Transit Center Project Demolition Activities




BOMA San Francisco Members:

In order to make way for the new Transbay Transit Center at First and Mission streets in downtown San Francisco, the Transbay Joint Powers Authority (TJPA), along with contractor Evans Brothers Inc., must demolish the existing bus ramps and Transbay Terminal facility. At midnight on August 6, 2010 the Transbay Terminal will permanently close. All bus operations will move to the Transbay Temporary Terminal beginning August 7.

The first of four phases of demolition will begin on August 14, 2010 and will result in the closure of Howard Street on August 14th – 16th in order to remove the ramp above Howard Street. Additional street closures required during the demolition work will occur on weekends and will be noticed on www.transbaycenter.org.

Join them to learn more about the sequencing of demolition activities, planned street closures and hours of activity.

WHAT 

Community Update: Transbay Demolition Activities 

WHEN 

Monday, July 26, 2010 

TIME 

12 noon and 6 pm 

WHERE 

Transbay Joint Powers Authority
201 Mission Street, Suite 2100 

For more information about the Transbay Transit Center Project or to sign up to receive construction updates please visit www.transbaycenter.org or contact them at info@transbaycenter.org

UPDATE: San Francisco Ordinance Prohibiting Smoking in Enclosed Areas and Certain Unenclosed Areas



BOMA San Francisco Members:

We have recently posted information on the blog in regard to new law that has amended the San Francisco Health Code to prohibit smoking in certain enclosed areas, certain unenclosed areas and sports stadiums.

On July 13, 2010, the San Francsico Board of Supervisors passed a 'clean-up' measure that finalized necessary language changes to the the original ordinance.  Please click here to read the Smoking Prohibition Signage Requirement Ordinance and here for the Legislative Digest.  The changes affect the signage language that will now require posted signs at the entrances of all buildings to read:
  • "Smoking only 1) at the curb or 2) if no curb, at least 15 ft. from entrances, exits, operable windows, and vents."
 If you have any questions or concerns, please contact Ken Cleaveland, Director of Government and Public Affairs for BOMA San Francisco at kenc@boma.com and John Bozeman, Legislative Assistant for BOMA San Francisco at johnb@boma.com with your comments.

Thursday, July 15, 2010

November 2010 Local Ballot Measures - San Francisco Chamber of Commerce Public Policy Committee Positions




BOMA San Francisco Members:

The San Francisco Chamber of Commerce's Public Policy Committee, of which BOMA San Francisco is a member, has taken positions on the following measures that may be on the November 2010 San Francisco ballot:

Tax Measures 

Commercial Rent Tax - OPPOSE
Property Transfer Tax Increase - OPPOSE
Parking Tax Increase - OPPOSE


Click here for to review all three tax measures and their economic impact on San Francisco.

Bond


Earthquake Retrofit Loan Program  - SUPPORT
  • $39,140,000 General Obligation Bond to provide funding for an Earthquake Safety Retrofit Loan Program to provide funding for seismic retrofits for affordable housing buildings (estimated to be 156).
Charter Amendments

San Francisco Affordable Housing Fund - OPPOSE
  • This measure would create a set-a-side program that would establish a 15 year mandatory baseline of spending on affordable housing based on the 2010-2011 funding by the City.  A similar measure was rejected by voters in 2008.
Requiring the Mayor to Appear Monthly at the Board of Supervisors - OPPOSE
  • Requires the Mayor to attend one regularly scheduled meeting of the Board of Supervisors to discuss policy matters and allows the Board to set the rules and guidelines of how the meetings will be conducted.  
Health Service Board Terms and Elections - SUPPORT
  • The Health Service Board is responsible for conducting and annual review of health benefit costs, application of benefits and administering the Health Service System.   This technical Charter amendment will allow the Board to save money on a number of elections required to elect members.
Rent Board - OPPOSE
  • Amendment to change the make-up of the Rent Board by expanding the size of the Board and split the appointment authority (currently 5 mayoral appointments consisting of two tenants, two landlords and one person who is not a tenant or landlord) between the Mayor and the Board of Supervisors.
Definition of a Voter - OPPOSE
  • Currently the San Francisco Charter defines a voter as an elector who is registered in accordance with state law.  This Charter amendment would allow the Board of Supervisors to define a voter for local elections by providing that registration shall be "in accordance with state or municipal law."  Should the Board act to expand the local definition of a voter, and if legal, the City would be required to maintain two registration systems and distribute different ballots in elections where federal, state and local candidates or measures appear on the same ballot.
Transferring Police Functions to Sheriff - OPPOSE
  • This Charter amendment would merge the San Francisco Police Department into the Sheriff's Office and abolish the Police Commission. 
Recreation and Park Commission Split Appointments - OPPOSE
  • Currently, the mayor appoints the seven members of the Recreation and Park Commission.  This amendment would provide that three commission members are appointed by the Mayor; three by the Board of Supervisors.  The seventh member would be jointly appointed by the Mayor and Board.
SFMTA Board Appointments, Budget and Labor Relations - OPPOSE
  • Charter amendment to split appointments to the San Francisco Municipal Transportation Agency (SFMTA) Board between the Mayor and the Board of Supervisors; create an Office of Inspector General, require Board of Supervisor approval of labor contracts, set aside additional general fund dollars for the MTA and other provisions.  In November 2005, voters defeated Proposition D, a measure to split MTA board appointments.
Non-Citizen Voting in School Board Elections - OPPOSE
  • Charter amendment would extend the right to vote in school board elections to any resident who is a parent, legal guardian or caregiver of a child residing in the City who is at least 18 years of age and not in prison or on parole for a felony.
Initiative Charter Amendments 

Pension Reform - NEUTRAL 
  • Drafted by Public Defender Jeff Adachi and placed on the November 2010 ballot.  Click here to review the measure.
Transit Operator Salaries - SUPPORT
Ordinances

Community Policing and Foot Beat Patrols - OPPOSE
  • This measure would require the Police Commission to adopt a comprehensive written policy on community policing.
Clarifying who is responsible for collecting and remitting hotel third-party occupancy taxes;amending definition of "permanent resident" - SUPPORT if San Francisco Labor Council's Hotel Fairness Initiative qualifies for the November ballot; if it does not, then NEUTRAL.
  • Click here to review the measure.
Instituting SB 83 Vehicle Registration Fee - NO POSITION
  • Measure would institute an additional $10 annual registration fee on vehicles registered in San Francisco. The money collected from the fee must be spent only on programs and projects that benefit owners of motor vehicles paying the fee and are consistent with a regional transpiration plan.
Initiative Ordinances 

Hotel Fairness Ordinance - OPPOSE
  • Would add 2% on the current Transient Occupancy Tax (TOT).  Currently, San Francisco has a TOT of 14% plus a voluntary Tourism Assessment fee of between 1 & 1.5%, making the current tax rate paid by consumers between 15% and 15.5%.  
Civil Sidewalks - SUPPORT
  • Click here for more information and here to review the measure.
Prohibition on Dual Office Holding - SUPPORT
  • If adopted, this measure will prohibit any person holding city elective office fromm serving on a political party central committee.
  • Click here to review the measure.
Saturday Voting Act - SUPPORT
  • Creates the Saturday Voting Fund to pay for the cost of operating polling places on the Saturday before the November 8, 2011 election.  If there is enough money in the Fund to cover the costs of operating the polling places on Saturday, then the measure would require the City to open all polling places twice during the election - on Saturday, November 5 and on Tuesday, November 8.

UPDATE: Tax Proposals to be Considered by the San Francisco Board of Supervisors on Tuesday, July 20, 2010


BOMA San Francisco Members:

UPDATE - As of July 15, 2010

Please find links to recently amended versions of the aforementioned tax proposals, below, that will be considered by the San Francisco Board of Supervisors on Tuesday, July 20, 2010:
We welcome your feedback on these tax measures.  Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

-------------------

Original post on June 8, 2010:

On June 8, 2010, members of the Board of Supervisors introduced three tax proposals that have a high probability of being placed on the November 2, 2010 ballot in some form:
  • Commercial Rent Tax (Supervisor David Chiu)
    • Click here to review the proposal.
    • This ordinance closely parallels the first of two alternatives to the current payroll tax as suggested by the Controller's final report on this topic.  Click here to read the final report and for more detailed coverage of the commercial rent tax issue.
  • Real Estate Transfer Tax Increase (Supervisor John Avalos)
    • Click here to review the proposal.
  • Parking Tax Increase (Supervisor Ross Mirkarimi)
    • Click here to review the proposal.

Wednesday, July 14, 2010

UPDATE! Commercial Rent Tax Ordinance to be Heard at Board of Supervisors' Meeting on July 20, 2010



BOMA San Francisco Members:

UPDATE -  As of July 14, 2010

Today, the San Francisco Board of Supervisors' Budget and Finance Committee sent three tax measures--a Commercial Rent Tax, and increases to the Parking Tax and Real Property Transfer Tax (click here for the Controller's recent Economic Impact Report on the Transfer Tax)--to the full Board of Supervisors for their consideration at their next meeting on Tuesday, July 20, 2010.   

--------------------

UPDATE -  As of July 12, 2010

On July 9, 2010, the San Francisco Board of Supervisors' Budget and Finance Committee reviewed and amended Supervisor David Chiu's Commercial Rent Tax that may be before the San Francisco electorate in November.  You can review the changes in the ordinance, here.  The Commercial Rent Tax will, as amended, be computed at the rates and for the taxable years as follows:

2011 - 0.632% now 0.665%
2012 - 1.263% now 1.330%
2013 and subsequent years 1.895% now 1.995

Further amendments to the original ordinance include:
  • A small employer tenant exclusion whereby a commercial landlord can exclude from their tax liability rent from tenants whose annual payment is less than $65,000 year. 
  • Reducing the previous standard tax credit from $1,500 to $750. 
  • Eliminating the Small Commercial Landlord exclusion for those landlords whose rent rolls are $200,000 a year. 
  • Reducing the percentage of net revenue going to the General Fund from 55% to 45%. 
According to Supervisor Chiu, and the city’s economist, Ted Egan, these amendments, in aggregate, would:
  • Produce a General Fund revenue gain to San Francisco of $28 million instead of $34 million.
  • Exclude 74% of the city’s tenants who would fall under the 'small employer' exemption.
  • Exclude an estimated 84% of the city’s non-profits from the rent tax. 
  • As a consequence of the small employer tenant exclusions, the 1.995% rate would be effectively reduced to 1.75%.
  • Include a lower-bracket payroll tax rate (under $85,000 a year) at 1.24%.
  • Lastly, these changes would increase the number private sector jobs from 0 per year to 150 per year, and expand the city’s GDP by an average of $43 million a year. 
Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

--------------------

Original post on June 10, 2010:

As we've reported, San Francisco Board of Supervisor's President David Chiu and introduced an ordinance on June 8, 2010 to create an updated tax system on the business community that includes a Commercial Rent Tax.  Please click here to review the proposal. 

The Commercial Rent Tax will be computed at the rates and for the taxable years as follows:

Tax Year Rate
2011 - 0.632%
2012 - 1.263%
2013 and subsequent years 1.895%

This ordinance closely parallels the first of two alternatives to the current payroll tax as suggested by the Controller's final report on this topic. Click here to read the final report and for more detailed coverage of the commercial rent tax issue.

Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

Tuesday, July 13, 2010

The News Links - July 12-13, 2010




Commercial Real Estate
San Francisco
Marin/San Mateo/Sonoma
California
The Economy
Energy & Environment
General

    Monday, July 12, 2010

    UPDATE! Commercial Rent Tax Ordinance Amended




    BOMA San Francisco Members:

    UPDATE -  As of July 12, 2010

    On July 9, 2010, the San Francisco Board of Supervisors' Budget and Finance Committee reviewed and amended Supervisor David Chiu's Commercial Rent Tax that may be before the San Francisco electorate in November.  You can review the changes in the ordinance, here.  The Commercial Rent Tax will, as amended, be computed at the rates and for the taxable years as follows:

    2011 - 0.632% now 0.665%
    2012 - 1.263% now 1.330%
    2013 and subsequent years 1.895% now 1.995


    Further amendments to the original ordinance include:
    • A small employer tenant exclusion whereby a commercial landlord can exclude from their tax liability rent from tenants whose annual payment is less than $65,000 year. 
    • Reducing the previous standard tax credit from $1,500 to $750. 
    • Eliminating the Small Commercial Landlord exclusion for those landlords whose rent rolls are $200,000 a year. 
    • Reducing the percentage of net revenue going to the General Fund from 55% to 45%. 
    According to Supervisor Chiu, and the city’s economist, Ted Egan, these amendments, in aggregate, would:
    • Produce a General Fund revenue gain to San Francisco of $28 million instead of $34 million.
    • Exclude 74% of the city’s tenants who would fall under the 'small employer' exemption.
    • Exclude an estimated 84% of the city’s non-profits from the rent tax. 
    • As a consequence of the small employer tenant exclusions, the 1.995% rate would be effectively reduced to 1.75%.
    • Include a lower-bracket payroll tax rate (under $85,000 a year) at 1.24%.
    • Lastly, these changes would increase the number private sector jobs from 0 per year to 150 per year, and expand the city’s GDP by an average of $43 million a year. 
    Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

    --------------------

    Original post on June 10, 2010:

    As we've reported, San Francisco Board of Supervisor's President David Chiu and introduced an ordinance on June 8, 2010 to create an updated tax system on the business community that includes a Commercial Rent Tax.  Please click here to review the proposal. 

    The Commercial Rent Tax will be computed at the rates and for the taxable years as follows:

    Tax Year Rate
    2011 - 0.632%
    2012 - 1.263%
    2013 and subsequent years 1.895%

    This ordinance closely parallels the first of two alternatives to the current payroll tax as suggested by the Controller's final report on this topic. Click here to read the final report and for more detailed coverage of the commercial rent tax issue.

    Please email Ken Cleaveland, BOMA San Francisco's Director of Government Affairs at kenc@boma.com, and John Bozeman, BOMA San Francisco's Legislative Assistant at johnb@boma.com with any comments you may have.

    Apture