Concern and offense were aired Thursday by members of an oversight committee following an attempt earlier this week to jam amendments to LA’s so-called mansion tax onto the June ballot. Thursday’s vote by the Measure United to House L.A. Citizens Oversight Committee, the group established through the November 2022 ballot measure to monitor use of Measure ULA funds, could offer a look at the uphill battle proposed carveouts to the two-tier property tax could face in the coming months. Measure ULA, which went into effect in April 2023, applies a 4 percent tax on all real estate deals – commercial […]
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