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File #: 22-0258    Version: Name:
Type: Informational Report Status: Filed
File created: 3/30/2022 In control: *Special Rules and Legislation Committee
On agenda: 4/21/2022 Final action: 4/28/2022
Title: Subject: Informational Report On Economic Analyses Of Potential City Measures And Citizen Initiatives Proposing New Business License Tax Rates On The November 2, 2022 Ballot From: Council President Bas And Councilmember Fife Recommendation: Receive An Informational Report From The Finance Department On Economic Analyses Of The Following Potential City Measures And Citizen Initiatives For The November 2, 2022 Ballot: 1. “Invest In Our Oakland Small Business Tax Fairness Act” Initiative Titled “Proposed Ordinance Repealing And Replacing The Business Tax Ordinance, Imposing Progressive Increases In The Tax Rates For Businesses Based On The Amount Of Their Gross Receipts, And Eliminating The Five-Year Exemption From Taxes For Construction Or Major Renovation Of Property Leased For Commercial Or Industrial Use”, 2. “Progressive And Equitable Oakland Business Gross Receipts Tax” Initiative Titled “Proposed Ordinance Repealing And Replacing The Business Tax Ordinance, Allocating The...
Attachments: 1. View Report - Bas Legislation, 2. View Report Notice of Intent to Circulate Petition, 3. View Report Progressive & Equitable Business Gross Receipts Tax, 4. View Finance Supplemental Report 4/19/2022

Title

Subject:                     Informational Report On Economic Analyses Of Potential City Measures And Citizen Initiatives Proposing New Business License Tax Rates On The November 2, 2022 Ballot                                          

From:                                          Council President Bas And Councilmember Fife                                          

Recommendation: Receive An Informational Report From The Finance Department On Economic Analyses Of  The Following Potential City Measures And Citizen Initiatives For The November 2, 2022 Ballot:

 

1.                     “Invest In Our Oakland Small Business Tax Fairness Act” Initiative Titled “Proposed Ordinance Repealing And Replacing The Business Tax Ordinance, Imposing Progressive Increases In The Tax Rates For Businesses Based On The Amount Of Their Gross Receipts, And Eliminating The Five-Year Exemption From Taxes For Construction Or Major Renovation Of Property Leased For Commercial Or Industrial Use”,

 

2.                     “Progressive And Equitable Oakland Business Gross Receipts Tax” Initiative Titled “Proposed Ordinance Repealing And Replacing The Business Tax Ordinance, Allocating The Revenue Increases For Restricted Purposes And Creating An Oakland Business Tax Commission”,

 

3.                     Recommendations Of The Blue Ribbon Task Force Set Forth In The Report Titled ‘City Of Oakland Blue Ribbon Equitable Business Tax Task Force Analyses And Recommendation Report’, Dated Thursday, October 21, 2021’,

 

4.                     The City Tax Measure Considered By The City Council In 2020 As Proposed By Council President Bas And Designated For The 2022 November Ballot, And 

 

5.                     The City Tax Measure Proposed This Year By Council President Bas And Councilmember Fife