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Councilmember raises concerns about proposed B&O tax impacts on nonprofits and small businesses
5454565 · July 23, 2025
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Summary
A councilmember said proposed changes to the business-and-occupation (B&O) tax may affect research centers and small/medium businesses, questioned outreach and impact analysis, and asked for more information ahead of budget decisions.
A councilmember expressed concern that a proposed change to the business-and-occupation (B&O) tax could have unintended effects on research centers and smaller businesses. The councilmember said they had heard from "a couple of large research centers in my district and from across the city who will be impacted by the…
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