L.A. officials say the ‘mansion tax’ on the sale of properties over $5M will generate hundreds of millions of dollars.
Maria Briones, a resident in Los Angeles who said she would benefit from Measure ULA-funded programs, speaks during a rally and press conference outside Los Angeles City Hall on Tuesday, Aug. 29, 2023, before the City Council voted to authorize the spending of $150 million in ULA money to support affordable housing and homelessness prevention programs. On Oct. 24, 2023, a judge dismissed multiple lawsuits challenging the legality of the measure.
The suits contended that the measure violated the California State Constitution and the Los Angeles City Charter. “Accordingly, the court grants defendants’ motions for judgment on the pleadings on the grounds that plaintiffs fail to state facts sufficient to support any claim against any defendant,” Scheper wrote in her ruling.Measure ULA, known as United to House L.A., imposes an additional tax on the sale of any real property, on or after April 1, 2023, in the city of Los Angeles when the consideration or value of the real property exceeds $5 million.
City Attorney Hydee Feldstein Soto said she was pleased that “the will of Los Angeles voters has been upheld and that much-needed dollars will continue to fund affordable housing projects and initiatives aimed at preventing homelessness.”
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
‘Mansion tax’ prevails in court as judge dismisses lawsuit challenging Measure ULAAn L.A. County judge has dismissed a suit challenging Measure ULA, ending a months-long legal battle from opponents looking to overturn the transfer tax.
Baca lebih lajut »
Kim Zolciak and Kroy Biermann’s Georgia Mansion Split by JudgeKim Zolciak-Biermann and estranged husband Kroy Biermann will occupy different areas of their Georgia mansion until it sells
Baca lebih lajut »
LA's 'mansion tax' is here to stay, judge rulesDespite multiple lawsuits challenging the 'mansion tax,' a judge voted that the measure does not violate any laws.
Baca lebih lajut »
SpaceX Fuels Starship as ULA's Vulcan Readies for Christmas Launch—Plus More Rocket NewsThe spaceflight sector is buzzing this week, with key tests from SpaceX and Arianespace, alongside significant progress in NASA's Artemis 2 Moon mission.
Baca lebih lajut »
Senate blocks funds for enforcing mask mandate in amendment to spending measureSamantha-Jo Roth joined the Washington Examiner in October 2022, covering Congress and campaigns, specifically focusing on the Senate. She previously worked as an on-air correspondent, covering the Florida congressional delegation for Spectrum News.
Baca lebih lajut »