"We are not here to rewrite the measure or go beyond what voters approved or were told they were voting on, committee member and 6th District representative Imelda Padilla said during Friday's meeting."
"Padilla acknowledged more recent feedback on financing challenges for projects and questions around how the program is functioning in practice across the city."
The Measure ULA ad hoc committee convened to address the mansion tax and its implications for housing in Los Angeles. The committee aims to recommend amendments to the tax for the November ballot. A consultant was approved to collaborate with city departments and the community on the tax's effects. A 15-day study on the tax's impact and comparisons with similar measures in other cities was commissioned. Committee members emphasized their focus on practical solutions rather than rewriting the original measure.
Read at therealdeal.com
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