25-1930 : Halton-Pope, Rivera - Requesting the Creation of a Progressive Tax on Privately Owned Vacant Land

This item proposes the creation of a progressive tax on privately owned vacant land. The request, submitted by Halton-Pope and Rivera, aims to incentivize development and potentially increase housing availability by taxing land that is intentionally left undeveloped. The specific details of the tax rate, its progressive nature, and how it would be implemented are not detailed in the provided agenda item title alone, but the core intent is to discourage land speculation and encourage productive use of urban space. This type of policy often seeks to address housing shortages and urban blight.