Tax
Jul. 23, 2026
California's ballot compromise leaves Measure ULA standing - for now
Although Los Angeles' ULA Tax remains in effect, ongoing legislative, legal, and local policy developments continue to reshape its future and the strategic considerations for California real estate transactions.
Michael Wippler
Partner
Stinson LLP
Real estate, public finance, corporate finance, business litigation and business counseling
Alex Kaplan
Associate
Stinson LLP
General corporate and transactional matters, including entity formation, governance, contract negotiation and mergers and acquisitions
California voters won't get a chance to repeal Los Angeles' "mansion tax" this November, but they will get to vote on a measure that would make it harder for cities to pass similar taxes in the future. Assembly Constitutional Amendment 22 is the product of a last-minute Sacramento deal that pulled a statewide ballot initiative to k...
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