Advocacy at the South Bay Association of REALTORS®

Red Alert: Oppose Vacancy Tax in LA City

The LA City council just called a special meeting TOMORROW 6/24 at 10:00am to vote on the proposed $6,000/year tax on vacant units. We need our members to call in to the public comment section and OPPOSE ITEM 45 (19-0623):

Last week the City council voted to move forward on writing a Vacancy Tax Ordinance to appear on the November 3rd Ballot.

We need to get them to slow down and look at it. This item has been rushed through without stakeholder input, and even the Chief Legislative Analysts office has questions.

Let’s work together and STOP this!

Call during the council meeting TOMORROW 6/24 at 10:00am.

ACTION ITEM

WhenWednesday, June 24th at 10:00am 
WatchClick HERE! To watch the live proceedings on Tuesday.  There is a link on the page to watch the city council live. If you can’t watch the meeting you can hear the meeting by calling (818) 904-9450.
CallTo make a public comment, call: (669) 254-5252 and use
Meeting ID No. 160 535 8466, then press #.  Press # again when prompted for participant ID.
Speak upOnce you are admitted in to the meeting, press *9 to request to speak. You may want to try to press *9 a few times during your hold time. You will be muted… when you are next to speak, you will be notified you are unmuted. When prompted by the Chair and it’s your turn:  (sample script)

State your name, I’m a Realtor and I’m opposed to Item 45. Do not rush this item through.   

That’s all you have to say, or you can add 1 or 2 things listed:

This won’t build new housing.
– You need to consider stakeholder input.
– Further study is needed.
– Other cities are considering delaying the implementation of new taxes, this is not the time for LA City to consider a new tax.
– The report doesn’t account for new developments which can take up to 12-18 months to occupy.
– Economic conditions are changing; there are a number of uncertainties.