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BALLOT MEASURE <br />Proposed Business License Tax <br />•Voter approval required to change the tax <br />rates and structure <br />•Goals of Proposed Ballot Measure: <br />–Revenue neutral to City <br />–Simplify calculations <br />–Equitable for all business sizes (removes <br />the regressive tax structure) <br />–Recognize the gig economy <br />–Remove exemption for utilities <br />–Tax Holiday for unlicensed and past-due <br />City Council Discussion/Direction on May 17 <br />•The 3-Step Plan: <br />1.June 7 –Ordinance to consolidate rate <br />language into a single SAMC chapter <br />2.July –Resolutions for November Voter <br />Ballot Measure <br />3.After November –Ordinance to <br />reconcile procedural processes <br />16