Supervisors Eliminate $10 Million Per Year In Licensing Fees for Bars and Restaurants
Briefly

from sfist.com2 months ago
Under the newly passed legislation, San Francisco food and drink establishments will no longer have to pay licensing fees for outdoor seating and various add-ons.
sfist.comhttps://sfist.com/2024/12/05/supervisors-eliminate-10-million-per-year-in-licensing-fees-for-bars-and-restaurants/
The approval of Prop M, which passed with a 70%-30% margin, means small businesses will face new gross receipts taxes only if earning over $5 million.
sfist.comhttps://sfist.com/2024/12/05/supervisors-eliminate-10-million-per-year-in-licensing-fees-for-bars-and-restaurants/
This legislative change is expected to waive nearly 50 annual fees for small businesses in San Francisco, resulting in $10 million in savings each year.
sfist.comhttps://sfist.com/2024/12/05/supervisors-eliminate-10-million-per-year-in-licensing-fees-for-bars-and-restaurants/
Mayor London Breed emphasized that the elimination of these fees is part of broader efforts to support small businesses and improve public safety.
sfist.comhttps://sfist.com/2024/12/05/supervisors-eliminate-10-million-per-year-in-licensing-fees-for-bars-and-restaurants/
Read at sfist.com
#san-francisco #small-business #legislation #tax-reform #prop-m
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