Supporters say that Los Angeles voters approved Measure ULA to address the homelessness and housing crisis. It was never intended to penalize survivors who lost everything in a declared disaster. When a fire, earthquake, or other disaster destroys a home or entire community, victims often have no choice but to sell their property to pay expenses, relocate, restore belongings, or recover financially. Requiring them to pay the ULA real estate tax when they have already lost everything - through no fault of their own - only makes a devastating situation worse. They should not be further penalized by the ULA tax for circumstances beyond their control.
They argue that providing tax relief to disaster victims is about fairness, compassion, and common sense. It preserves the core purpose of ULA, while recognizing that survivors of catastrophic losses deserve support and flexibility. This measure does not repeal ULA or create a loophole for investors or speculators. Rather, this narrowly-tailored measure provides a limited, one-time exemption for owners of residential properties, including multi-family buildings, damaged or destroyed in the January 7, 2025 fires.
A YES vote on this measure means: you support a one-time exemption from the City's special documentary transfer tax (Proposition ULA) for residential properties that were damaged or destroyed in the Palisades Fire and are sold within five years of the date of the Fire.
No official opposition statement submitted.
A NO vote on this measure means: you do not support a one-time exemption from the City's special documentary transfer tax (Proposition ULA) for residential properties that were damaged or destroyed in the Palisades Fire and are sold within five years of the date of the Fire.