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Committee files stock‑based compensation tax initiative after informational hearing
San Francisco Board of Supervisors Budget and Finance Committee · July 16, 2020
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Summary
Legislative aides presented a ballot initiative to restore a 1.5% tax on stock‑based compensation for public companies; the committee filed the item after an informational presentation and no public callers were in the queue for that item.
The Budget & Finance Committee held an informational hearing on July 16 about a proposed stock‑based compensation tax that would restore a 1.5% local tax on stock‑based forms of payroll for public companies.
Edward Wright, legislative aide to Supervisor Gordon Mar,…
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