Title:
Title
Ordinance Amending Sections 3.16.030 and 3.16.170 of the Sacramento City Code, Relating to Additional Real Property Transfer Tax (Passed for Publication 10/30/2018; Published 11/02/2018)
End
FileID
File ID: 2018-01413
Location
Location: Citywide
Recommendation:
Recommendation
Pass an Ordinance amending sections 3.16.030 and 3.16.170 of the Sacramento City Code, relating to Additional Real Property Transfer Tax ("Transfer Tax").
Contact: Brad Wasson, Revenue Manager, (916) 808-5844, Laterre Walsh, Program Manager, (916) 808-7800, Enforcement & Collections, Department of Finance
Body
Presenter: None.
Attachments:
1-Description/Analysis
2-Ordinance (Redline)
3-Ordinance (Clean)
Description/Analysis
Issue Detail: Under contract 2013-1189, the County of Sacramento Recorder collects the City's Additional Real Property Transfer Tax, chapter 3.16 of the Sacramento City Code, (the Transfer Tax), at the time a deed is recorded and remits the revenue to the City. Frequently, this Transfer Tax is remitted to the County for properties located outside of the city limits. Currently, the City Code does not permit the City to return payments collected in error and/or overpayments unless the payer files a written claim within one year. The proposed ordinance will allow the City to correct this and other related errors within one year of the overpayment.
Policy Considerations: Sacramento City Code section 3.16.170 states that no refund shall be paid unless a written claim has been filed within one year of the payment. Currently, the Revenue Division issues refunds as they are identified, and the proposed change will allow this process to apply to Transfer Tax refunds and return payments to those who have been charged incorrectly within one year of the overpayment.
Economic Impacts: None
Environmental Considerations:
California Environmental Quality Act ("CEQA"): This action is not a "project" subject to CEQA because it involves administrativ...
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