Resolution/Small Business One-Time Subsidy
Rev: 6/27/23
RESOLUTION NO. 23-9240
A RESOLUTION OF THE CITY OF SANTA CLARA,
CALIFORNIA, FOLLOWING PASSAGE OF THE BUSINESS
LICENSE TAX MODERNIZATION MEASURE AS PART OF THE
NOVEMBER 2022 BALLOT TO PROVIDE SANTA CLARA
SMALL BUSINESSES WITH A ONE-TIME SUBSIDY FOR
BUSINESSES REPORTING 49 OR FEWER EMPLOYEES WITH
EXISTING FUNDS PROVIDED AS PART OF THE SILICON
VALLEY CENTRAL CHAMBER OF COMMERCE SETTLEMENT
AGREEMENT
BE IT RESOLVED BY THE CITY OF SANTA CLARA AS FOLLOWS:
WHEREAS, on September 7, 2021, the City Council approved the appropriation of funds from the Silicon Valley Chamber of Commerce as part of a settlement agreement reached between the City and the Silicon Valley Central Chamber of Commerce (“SVCCC”) in June 2021, based on authority provided in closed session;
WHEREAS, as part of the settlement the City received $330,000, dedicated for outreach and assistance to small businesses in Santa Clara;
WHEREAS, on July 12, 2022, as part of the discussion and adoption of a resolution calling for a Municipal General Election, the City Council voted to submit to the voters a Business License Tax Modernization Measure as part of the November 2022 General Election. During that discussion, staff included details of several components of the business tax to ensure equity and the protection of small businesses. A one -time subsidy for businesses that would be included for Santa Clara companies reporting 49 or fewer employees was presented for consideration; and
WHEREAS, on November 8, 2022, nearly 60% of Santa Clara Voters approved Measure H to update the City’s Business License Tax program. The new rates will go into effect on July 1, 2023; and,
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Resolution/Small Business One-Time Subsidy
Rev: 6/27/23
NOW THEREFORE, BE IT FURTHER RESOLVED BY THE CITY OF SANTA CLARA AS FOLLOWS:
1. The City of Santa Clara shall provide a one- time subsidy credit upon business license tax renewal during the 2023/24 fiscal year.
2. The subsidy provided shall be based on the number of employees reported by a business and in accordance with the amounts listed below Employee Range Subsidy per Business
0-4 $ 30
5-9 75
10-19 100
20-49 200
3. Eligibility. Businesses eligible for the subsidy will be required to have an office located in the City of Santa Clara. Funds will be credited for business license tax renewal on a first come, first serve basis until the $330,000 is exhausted.
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4. City staff is authorized and directed to develop appropriate administrative policies to implement this subsidy program .
5. Effective date. This resolution shall become effective immediately.
I HEREBY CERTIFY THE FOREGOING TO BE A TRUE COPY OF A RESOLUTION PASSED
AND ADOPTED BY THE CITY OF SANTA CLARA, CALIFORNIA, AT A REGULAR MEETING THEREOF HELD ON THE 27TH DAY OF JUNE, 2023, BY THE FOLLOWING VOTE:
AYES: COUNCILORS:
NOES: COUNCILORS:
ABSENT: COUNCILORS:
ABSTAINED : COUNCILORS :
Attachments incorporated by reference : None
Resolution/Small Business One-Time Subsidy
Rev: 6/27/23
Becker, Chahal, Hardy, Jain, Park, and Watanabe,
and Mayor Gillmor
None
None
None
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ATTEST: .....,~=~ ~~___..,....,,.__ _______ _
NORAPIMENTEL,MM
ASSISTANT CITY CLERK
CITY OF SANTA CLARA