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Committee backs ordinance to streamline large transfer‑tax refunds

San Francisco Board of Supervisors Budget and Finance Committee · June 24, 2020
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Summary

A Peskin‑sponsored ordinance would allow the city attorney (with assessor‑recorder consent) to settle transfer‑tax refund claims over $25,000 without Board approval; committee approved a technical amendment and forwarded the ordinance.

Supervisor Aaron Peskin's office introduced an ordinance to remove the Board of Supervisors' required approval for transfer‑tax refunds in excess of $25,000, allowing the city attorney, with the consent of the assessor‑recorder, to settle those claims administratively.

Lehi Hepner, speaking for Supervisor Peskin, said transfer taxes apply on legal…

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