pages: SpecialRulesandLegislationCommittee/2022-04-28.pdf, 4
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SpecialRulesandLegislationCommittee | 2022-04-28 | *Special Rules and Legislation Meeting Minutes - FINAL April 28, 2022 Committee 8 Subject: Informational Report On Economic Analyses Of Potential City Measures And Citizen Initiatives Proposing New Business License Tax Rates On The November 2, 2022 Ballot From: Council President Bas And Councilmember Fife Recommendation: Receive An Informational Report From The Finance Department On Economic Analyses Of The Following Potential City Measures And Citizen Initiatives For The November 2, 2022 Ballot: 1. "Invest In Our Oakland Small Business Tax Fairness Act" Initiative Titled "Proposed Ordinance Repealing And Replacing The Business Tax Ordinance, Imposing Progressive Increases In The Tax Rates For Businesses Based On The Amount Of Their Gross Receipts, And Eliminating The Five-Year Exemption From Taxes For Construction Or Major Renovation Of Property Leased For Commercial Or Industrial Use", 2. "Progressive And Equitable Oakland Business Gross Receipts Tax" Initiative Titled "Proposed Ordinance Repealing And Replacing The Business Tax Ordinance, Allocating The Revenue Increases For Restricted Purposes And Creating An Oakland Business Tax Commission", 3. Recommendations Of The Blue Ribbon Task Force Set Forth In The Report Titled "City Of Oakland Blue Ribbon Equitable Business Tax Task Force Analyses And Recommendation Report', Dated Thursday, October 21, 2021', 4. The City Tax Measure Considered By The City Council In 2020 As Proposed By Council President Bas And Designated For The 2022 November Ballot, And 5. The City Tax Measure Proposed This Year By Council President Bas And Councilmember Fife 22-0258 Attachments: View Report - Bas Legislation View Report Notice of Intent to Circulate Petition View Report Progressive & Equitable Business Gross Receipts Tax View Finance Supplemental Report 4/19/2022 A motion was made by Nikki Fortunato Bas, seconded by Carroll Fife, that this matter be Received and Filed. The motion carried by the following vote: Aye: 4 - Kalb, Fife, Fortunato Bas, and Thao NO VOTE: 0 5 Determinations Of Closed Session There will be a Closed Session held on May 5, 2022 at 1:30 PM This be Approve as Submitted. City of Oakland Page 4 Printed on 8/9/2022 | 4 | SpecialRulesandLegislationCommittee/2022-04-28.pdf |