4.5 18-1440 Subject: Means-Tested Rental Housing - Gross Receipts Business Tax Exemption From: Finance Department Recommendation: Receive An Informational Report Regarding Resolution No. 87129 C.M.S., Requesting A Proposed Amendment To The Oakland Municipal Code Chapter 5.04, Section 5.04.420 To Exempt The First $30,000 Of Rental Income From The Assessment Of Annual Business Tax Derived From Property Rented Or Leased Through Section 8 Or Other Means-Tested Housing Assistance Programs, As A Means Of Encouraging The Development Of Low Cost Housing Alternatives; On The March 5, 2019 Special Finance And Management Committee Agenda - City of Oakland

Meeting: *Rules & Legislation Committee on 2019-02-28 10:45 AM

Meeting Time: February 28, 2019 at 10:45am PST

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Agenda Item

4.5 18-1440 Subject: Means-Tested Rental Housing - Gross Receipts Business Tax Exemption From: Finance Department Recommendation: Receive An Informational Report Regarding Resolution No. 87129 C.M.S., Requesting A Proposed Amendment To The Oakland Municipal Code Chapter 5.04, Section 5.04.420 To Exempt The First $30,000 Of Rental Income From The Assessment Of Annual Business Tax Derived From Property Rented Or Leased Through Section 8 Or Other Means-Tested Housing Assistance Programs, As A Means Of Encouraging The Development Of Low Cost Housing Alternatives; On The March 5, 2019 Special Finance And Management Committee Agenda