Shall a measure to impose an increase to the City's current Transient Occupancy Tax rate of 12%, paid by a person who rents a hotel room, by a 1% increase on January 1, 2022, and another 1% on January 1, 2023, for a total rate of 14%, estimated to raise $195,000 the first year, and $390,000 annually thereafter, for affordable housing development, acquisition and rehabilitation activities, which shall continue unless repealed by the voters, be adopted?
2, San Mateo County • 2020 • Measure
Failed
Result: 64.7% yes, 35.3% no (7,975 votes cast)
AI-generated plain-language summary
This measure would have increased San Mateo's transient occupancy tax (hotel tax) from 12% to 14% through two 1% increases in 2022 and 2023, with revenue dedicated to affordable housing development, acquisition, and rehabilitation. The tax increase was estimated to generate $195,000 in the first year and $390,000 annually thereafter.