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Committee continues local vehicle license fee ordinance to align with state bill, cites $43M revenue estimate
Summary
The committee continued a proposed ordinance to place a local Vehicle License Fee (VLF) measure on the November ballot, aligning the draft with pending state SB 10 and noting a city estimate of roughly $43–44 million in annual revenue if the state authorizes local VLFs.
The Budget & Finance Committee continued consideration of an ordinance to adopt and submit to voters a local vehicle license fee should state law permit localities to impose such a fee. Supervisor David Chiu said the measure would restore a portion of the former 2% vehicle license fee and, if state enabling legislation passes, would impose a local VLF of up to 0.85% (the difference between the historical 2% and the current 1.15% state level), producing an estimated $43.7 million…
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