Proposed TFTAA Will Seriously Limit Local Control & Taxing Authority

Avenu Insight’s special counsel Ben Fay, of Jarvis Fay Doporto & Gibson, LLP has prepared an analysis of the Tax Fairness, Transparency and Accountability Act of 2018 (TFTAA), assessing the potential implications for local government tax policy, and specifically for current and future UUT ordinances. 

The TFTAA includes several changes to current tax policy, including broadening the definition of what constitutes a “tax,” requiring that all local taxes be approved by a supermajority (two-thirds) vote by eliminating the distinction between special and general taxes, requiring all fees to be approved by a two-thirds vote of city council, and subjecting new fees to a referendum if a petition is signed by 5% of voters. Although the proposal would not operate retroactively, any local tax enacted in 2018 will be void unless it complies fully with the terms outlined in the proposition.

The TFTAA is likely to qualify for the ballot and will appear before voters in November.

To read the full analysis, click here.


Comments

Policy

Monday, May 21, 2018 - 06:03

The Bureau of Cannabis Control, the Department of Food and Agriculture, and the Department of Public Health have proposed the re-adoption of their emergency regulations on cannabis for another 180

Finance

Monday, May 14, 2018 - 03:26

Gov. Jerry Brown released his $138 billion revised budget proposal Friday, which contains a larger expected surplus than the $132 billion spending plan he released early this year.