Meeting NotesTaxation Committee Convention Center Room 9 San Diego, California Wednesday, September 21, 2005 2:00 PM – 4:00 PMPlease Note: Only the C.A.R. Board of Directors may take action on behalf of the California Association of REALTORS®; not individual committees. The Summary of Action Items for the Board of Directors may be found at: http://www.car.org/index.php?id=MzU1MTU=. The archive section for eachcommittee, including meeting materials for each committee, may be found athttps://www.car.org/index.php?id=MjMy. Set out below is a summary of TaxationCommittee activity, including the additional action on those items (if any) by other C.A.R. bodies.CALL TO ORDERChairwoman Tilling called the meeting to order at 2:00 PM.ACTION ITEM – Employer Assisted HousingA motion was made and seconded:That C.A.R. “SUPPORT” in concept the creation of employee benefit plans designed to a) give employers an incentive to provide their employees with housing downpayment assistance and/or b) make the downpayment assistance tax-free to the employees.Taxation Committee: Approved Legislative Committee: Approved Executive Committee: Approved Board of Directors: ApprovedACTION ITEM – November 2005 Ballot PropositionThat C.A.R. take a “NOT REAL ESTATE RELATED” position on Proposition 76: State Spending and School Funding Limits.ADJOURNMENTThe meeting was adjourned at 4:00 PM.
