Board Bill No. 52 | Session 2018-2019

City's Earnings Tax

- 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.

Legislative History


Sponsor: Sharon Tyus
Committee: Ways and Means
Actions: 05/11/2018 First Reading

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