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RulesAndLegislationCommittee,2022-05-12,"*Rules & Legislation Committee
Meeting Minutes - FINAL
May 12, 2022
6
Subject:
Resolution In Support Of AB 1771 Ward
From:
Councilmember Kalb
Recommendation: Adopt A Resolution In Support Of State Assembly Bill 1771 (Ward)
The California Housing Speculation Act Which Would For Taxable Years Beginning On
Or After January 1, 2023 Impose An Additional 25% Tax On That Portion Of A Qualified
Taxpayer's Net Capital Gain From The Sale Or Exchange Of Residential Property, As
Defined And Reducing Those Taxes Depending On How Many Years Have Passed
Since The Initial Purchase
22-0350
Attachments: View Report
View Legislation
View Fact Sheet
View ""CORRECTED"" Report - 5/12/2022
89193 CMS
President Bas was added as a Cosponsor.
On Consent.
This City Resolution be Approved the Recommendation of Staff, and Forward.to
go before the Special Concurrent Meeting of the Oakland Redevelopment
Successor Agency / City Council / Geologic Hazard Abatement District Board to
be heard 5/17/2022
Open Forum
3 Speakers spoke during Open Forum
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City of Oakland
Page 21
Printed on 6/10/2022",21,RulesAndLegislationCommittee/2022-05-12.pdf