Your guide to L.A.'s Measure TC: tax on hotel bookings by online companies

"Measure TC would require online travel companies to pay the city's hotel tax based on the markup price they charge to customers, not the discount price they paid."

"The city is facing another budget shortfall, prompting officials to seek additional revenue to fund basic services."

"Proponents argue that the measure would level the playing field for a struggling hotel industry."

"A related measure on the ballot proposes raising the hotel room tax in L.A. from 14% to 16% until the end of 2028, then dropping to 15%."

Measure TC on the June 2 ballot proposes that online travel companies pay hotel taxes based on the markup price charged to customers instead of the discounted price. This change is intended to generate additional revenue for the city amid budget shortfalls and support the struggling hotel industry. A related measure seeks to increase the hotel room tax in Los Angeles from 14% to 16% until 2028, then reducing it to 15%, also applying to online booking platforms.

Read at Los Angeles Times