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Committee approves wildfire business tax relief ordinance with tighter eligibility and April application deadline
Summary
The Budget and Finance Committee approved an amended ordinance to provide tax relief for businesses directly affected by the Jan. 7 wildfires, narrowing eligibility and directing Office of Finance to set verification rules and outreach; the committee also shortened the qualifying disruption threshold.
Los Angeles City Council Budget and Finance Committee members voted to approve an ordinance to provide business tax relief for companies destroyed or severely disrupted by wildfires that began on Jan. 7, 2025.
The ordinance, approved as amended, directs the Office of Finance to implement rules and guidelines on eligibility, verification and an application process that will allow affected businesses to request relief through an April 14, 2025 deadline. The committee amended the originally drafted language that used “interrupted 60 continuous days” to instead cover businesses that have “experienced severe economic disruption,” and further shortened the qualifying threshold during committee discussion to a 45-day cumulative measure (as reflected in the committee amendment adopted at the meeting).
Charles Hong, assistant city attorney, said, “As submitted, the ordinance was, by motion from council was provide…
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