Mayor Sue Himmelrich said Monday that her campaign to dramatically boost Santa Monica's transfer tax on high-end real estate plans to submit signed ballot petitions to the City Clerk by mid-June.

The proposed tax measure -- which would charge a real estate transfer tax of $53 per $1,000 on properties valued at $8 million or more to fund homeless housing -- will submit more tha 10,500 signatures, Himmelrich said.

Read More: https://www.surfsantamonica.com/ssm_site/the_lookout/news/News-2022/May-2022/05_23_2022_Mayors_Transfer_Tax_Campaign_to_Submit_Signatures_Next_Month.html