The ordinance authorizes the City and County of San Francisco to settle a lawsuit with General Motors for $71,125,000 regarding overpaid taxes and related penalties. This settlement resolves claims made by General Motors in a case filed in November 2022.
Ordinance authorizing settlement of the lawsuit filed by General Motors Company against the City and County of San Francisco for $71,125,000; the lawsuit was filed on November 21, 2022, in San Francisco Superior Court, Case No. CGC-22-602951; entitled General Motors Company v. City and County of San Francisco; the lawsuit involves a claim for refund of gross receipts taxes, homelessness gross receipts taxes, overpaid executive gross receipts taxes, penalties, and interest; other material terms of the settlement relate to General Motors Company’s filing position with respect to City taxes.
How it got here
The legislation originated from a lawsuit filed by General Motors Company against the City and County of San Francisco regarding tax refunds.
General Motors Company filed a lawsuit against the City and County of San Francisco in San Francisco Superior Court, claiming a refund of various taxes.
The Clerk of the Board received the ordinance authorizing the settlement of the lawsuit from the City Attorney's office.
The Government Audit and Oversight Committee recommended the ordinance for passage.
The Board of Supervisors passed the ordinance on first reading, authorizing the settlement of the lawsuit.
The Board of Supervisors finally passed the ordinance, authorizing the settlement payment of $71,125,000.
The Mayor approved the ordinance, finalizing the settlement agreement with General Motors Company.
Reconstructed from attached documents & the official record
