Allow small landlords to reduce business taxes by Rent Board fees paid

Rent Board & TenantsHousingOrdinance

In Plain English

Small landlords who own 4 or fewer rental units currently pay both Rent Board fees and gross receipts tax to the city. This law lets them subtract their annual Rent Board fees from their business tax bill. The change reduces city tax revenue but helps small property owners manage regulatory costs.

Auto-generated summary. Source: official agenda documents.

Votes

Adopt Resolution No. 159-21

Passed

6 to 1

NBTBDICJEMGMMW

Why This Vote Matters

Small landlords who own four or fewer rental units can now subtract their Rent Board fees from their city business tax bills. The council passed this tax break with broad support in a 6-1 vote, with only Councilmember Bates dissenting. This change will reduce city tax revenue but is designed to help small property owners offset the cost of rental regulations. Bates voted against this housing measure, continuing his pattern of opposing most housing-related items, while the other six members supported it.

Auto-generated context. Source: official meeting records.

Public Comments

1 public comment (1 written)

  • Katrinka RukEmail

Community Discussion

This discussion was submitted to the City Clerk as part of the public record.

Comments are submitted to the Richmond City Clerk before the meeting. By commenting, you agree to have your name and comment included in the public record.