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Board moves to implement commercial vacancy tax; ordinance set for January 1, 2022 start
Summary
The Board of Supervisors passed on first reading an ordinance to implement the commercial vacancy tax approved by voters as Proposition D; supervisors framed the tax as a tool to keep storefronts occupied and support small businesses.
The San Francisco Board of Supervisors on June 15 passed on first reading an ordinance to amend the business and tax regulations code to add provisions to administer the commercial vacancy tax approved by voters as Proposition D.
Supervisor Aaron Peskin, an author of the measure, reminded the board that "over 70% of San Francisco voters voted in favor of Proposition D"…
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