Board Bill Number 52 In Session 2018-2019

City's Earnings Tax

Summary

- An ordinance pertaining to income that is exempt from the City's earnings tax, amending Section Eight of Ordinance 47063, approved April 28, 1954, as amended by Ordinance 64586, and as codified in Section 5.22.090 of the City Code of Ordinances, by adding a provision exempting any income received by a person in the form of or related to a grant, vesting or exercise of stock options, performance shares or performance-based stock related to incentive plans from the City's earnings tax; and containing an emergency clause.

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Overview

Session: 2018-2019

Primary Sponsors: Sharon Tyus

Committee: Ways and Means

Legislative History

Legislative activities for this board bill. Learn more about what these activities mean.

  • 05/11/2018

    First Reading

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