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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 an explanation of a 50% pass-through of the change in a landlord’s property tax. It also amends administrative-code and planning-code provisions to require that the split appear in ballot measures that would authorize GO bonds by the San Francisco Unified School District or the San Francisco Community College District after Nov. 1, 2006. The provision clarifies that landlords may pass through to tenants 50% of the increase in property tax attributable to repayment of voter-approved GO bonds.
“ This amendment would close an unintended loophole from my tenant protection legislation in 02/2002,” Supervisor Amiano said, explaining the original negotiated solution limited landlord pass-throughs for capital-improvement costs but allowed a 50/50 split for costs resulting from GO bonds. Amiano said the initial ordinance omitted the explicit requirement that the split be stated in the ballot text; the cleanup restores the original agreement.
Amiano described the measure as a “cleanup ordinance” that had broad support from tenant and landlord groups and thanked six co-sponsors.
The board approved the ordinance on first reading under “same house, same call.”
