Bass Urges City Council to Approve a Limited Exemption From the City’s “Mansion Tax”
Los Angeles Mayor Karen Bass is calling on the City Council to approve a temporary pause to Measure ULA, the city’s controversial “mansion tax”, offering potential relief to Pacific Palisades homeowners recovering from this year’s wildfires, according to a press release from Mayor Karen Bass’ office.
The request, outlined in a letter Bass sent Thursday to the 15-member council, marks the first formal effort at City Hall to modify the voter-approved transfer tax since it took effect in 2023. Bass is asking the council to grant the city’s finance director authority to provide a one-time exemption for affected residents, rather than a citywide suspension.
Bass’s proposal would apply only to residential