J: Removal of Foreclosure Exemption for Real Property Transfer Tax
Shall the City permanently apply a transfer tax of between 0.5% and 6% of a property’s fair market value, on the transfer of properties such as commercial, industrial, and large residential properties, that are transferred to a lender because of foreclosure or to avoid foreclosure, for estimated annual revenue of $100 million to $150 million?
Summary Totals
Totals Supporting this Measure
- Funds
- 150000.0
- Expenses
- 23905.04
Top Contributors To This Measure
Contributions to Primarily Formed Ballot Measure Committees
| Name | Amount |
|---|---|
| Saikat Chakrabarti | 50000.0 |
| Service Employees International Union - Seiu Local 2015 Issues PAC | 50000.0 |
| Service Employees International Union Local 1021 Issues PAC | 50000.0 |
Committee Details
Funds and Expenses from Active Committees
| Committee | Position | Funds | Expenses |
|---|---|---|---|
| TAX FORECLOSURES, YES ON J | SUPPORT | 150000.0 | 23905.04 |
| Total: | |||