Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Council advances drafting of ballot revenue options — taxing illegal cannabis shops and multiple hotel/short-term rental tax options
Summary
Budget and Finance brought forward draft options for potential ballot measures: allowing taxation of unlicensed cannabis operators, two transient-occupancy-tax (TOT) increase packages for possible Olympics-era revenue, and closing an online-platform TOT loophole; parking tax was referred back to committee and vacation-rental study language moved to PLUM. Council directed the city attorney to draft ordinance language for consideration.
The Los Angeles City Council on Tuesday authorized staff work that could put several revenue measures before voters and voted to send others back to committees for more study.
Budget and Finance members asked the city attorney to draft ordinances for possible June ballot measures that would: (1) allow the city to apply its gross-receipts business tax to unlicensed cannabis shops (closing an existing geographic/exemption in the current code), (2) consider two transient occupancy tax (TOT) increase options — a 4% increase that steps down to 2% after the Olympics or a lower 2% increase stepping down to 1% — and (3) close a platform/online-travel-agent loophole so TOT is…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
