Santa Clara County could see a sales tax increase in the next five years

SB 335 allows the county to put a measure on the ballot to increase the sales tax.

Gov. Gavin Newsom has signed off on a bill giving the county the power to increase the sales tax rate — with voter approval — past the current cap.

California has capped district tax rates in each county at 2% since 1969. Santa Clara County currently has six countywide district taxes adding up to a total rate of 1.8625%, and several cities like Campbell, Los Gatos, Milpitas and San Jose have their own additional tax rates ranging from 0.125% to 0.25%, according to a report from the Senate Committee on Governance and Finance.

In a statement, Dan Kostenbauder, the vice president of tax policy for the Silicon Valley Leadership Group, said the organization is focused on working with policy makers to “improve business competitiveness for our region so that our leading employers and innovators can retain talent, attract investment and create jobs.”

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