Shall the measure to maintain emergency response, paramedics, fire protection, public safety/health, address homelessness, ease traffic, provide general services by increasing the tax on sales of real estate to 4.5% on amounts over $10,000,000, 3.5% on amounts between $2,500,000.01-$10,000,000, 1.75% on amounts between $1,100,000.01-$2,500,000, keeping the existing 0.055% rate for sales under $1,100,000.01 providing $3,500,000 annually until ended by voters, with required public disclosure, audits, be adopted?
2, Los Angeles County • 2021 • Measure
Failed
Result: 47.5% yes, 52.5% no (9,968 votes cast)
AI-generated plain-language summary
The measure would have increased Los Angeles's real estate transfer tax to a tiered structure ranging from 1.75% on sales over $1.1 million up to 4.5% on sales over $10 million, while keeping the existing 0.055% rate for sales under $1.1 million. The measure was projected to generate $3.5 billion annually to fund city services including emergency response, public safety, homelessness programs, and traffic improvements.