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Supervisors approve amendment to phase out property transfer tax review board, send ordinance forward on first reading
Summary
The board approved an amendment to an ordinance changing the Business and Tax Regulations Code to phase out the Property Transfer Tax Review Board and update tax provisions; the amendment was introduced by Supervisor Dufty and the measure passed first reading as amended.
The San Francisco Board of Supervisors approved an amendment and passed an ordinance on first reading to update the Business and Tax Regulations Code, including changes to the property transfer tax appeal process.
Supervisor Dufty explained the amendment after meetings with the city assessor and city attorney and said he anticipated revised language from the city attorneys office. The amendment, which was distributed to supervisors before the…
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