Measure TE: Property Transfer Tax Exemption for Victims of January 2025 Fire Disaster
Source: results.lavote.gov
What does this measure do?
Gives a one-time break from the city's extra ULA transfer tax on home sales over about $5 million to owners whose Palisades Fire-damaged homes sell by January 2030. The city expects $35 million to $66 million less for affordable housing and eviction help; no cost to other taxpayers.
Proposed by: Los Angeles City Council (Ordinance 189009, passed August 4, 2026)
The city's elected council. It called a special election on this measure. It would give homes damaged in the January 2025 fire a one-time break from the Measure ULA property transfer tax.
Source: cityclerk.lacity.org
A YES vote means
Owners of homes damaged or destroyed in the Palisades Fire who sell between January 2025 and January 2030 pay no ULA transfer tax on that sale, with refunds for tax already paid.
A NO vote means
Sales of those fire-damaged homes over about $5 million keep paying the ULA transfer tax like any other sale.
Sources: clerk.lacity.gov · content.lavote.gov
Source: clerk.lacity.gov