Renters, property owners, and other stakeholders will have a chance to argue who should have to pay tax-based surcharges on rent-controlled apartment buildings on Thursday when the board holds a hearing on the subject. The Rent Control Board will deliberate at the hearing and likely move staff to come back with a proposed regulation in April.
The RCB is specifically looking to hear from the public on solutions to an unintended consequence of Proposition 13: large tax increases on renters when Santa Monica’s multi-million dollar real estate changes hands. This city is one of the few rent control jurisdictions that allows building owners to pass through certain taxes approved by voters. Tens of thousands of renters currently pay surcharges on Measures X, S, BB, and AA. Landlords can also pass along a stormwater management user fee, the clean beaches and ocean parcel tax and a 2008 school district special tax.
Read More: http://smdp.com/rent-control-board-will-hold-public-hearing-on-surcharges-thursday/165027
ALSO on the agenda: The Santa Monica Rent Control Board will consider whether it should recommend that the City Council place on the ballot for the 2018 municipal general election a measure that would restore vacancy control (also known informally as strict rent control) in the City of Santa Monica. Even if approved by Santa Monica voters, the measure would go into effect only if California voters, at the statewide general election, approve The Affordable Housing Act, a voter initiative that would repeal provisions in state law that limit local rent-control laws.
Read More: https://www.smgov.net/uploadedFiles/Departments/Rent_Control/About_the_Rent_Control_Board/Staff_Reports/2018/Item%2012B%20Affordable%20Housing%20Act.pdf
AND: http://surfsantamonica.com/ssm_site/the_lookout/news/News-2018/March-2018/03_20_2018_Santa_Monica_%20Rent_Board_Could_Eliminate_Surcharges_for_Existing_Tenants.html
AND
https://smmirror.com/2018/03/santa-monica-rent-control-board-consider-changes-property-tax-related-surcharges/
