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Board approves cleanup to require bond measures state tax-pass-through language; intended to restore earlier tenant-landlord compromise
Summary
Supervisors passed an ordinance to amend the municipal elections and administrative codes to require controller analyses and ballot-text language explaining a 50% landlord-to-tenant pass-through of property-tax changes resulting from future GO bonds, a technical fix Supervisor Amiano said restores the original negotiated intent.
San Francisco — The Board of Supervisors on Sept. 26, 2006 passed an ordinance intended to close what the sponsoring supervisor described as an unintended loophole in existing tenant‑protection law.
The ordinance amends the municipal elections code and related administrative-code sections to require that controller financial analyses for general-obligation (GO) bond proposals include…
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