In summary The ballot measure do-over is intended to restart apartment development across Los Angeles and ward off a statewide anti-tax crusade. To save the City of Los Angeles’ controversial “mansion tax” — and fend off the threat of fiscal calamity across the state — Angelenos need to re-write the law. Despite its moniker as a “mansion tax,” the policy draws no distinction between single family compounds in Beverly Hills and large new apartment buildings constructed for renters. More recently, the fate of the Los Angeles mansion tax has become a statewide concern. At a council meeting on Friday, Raman described the proposed measure as an effort to “protect” the heart of the mansion tax.

Source: Los Angeles Times January 24, 2026 01:10 UTC