BOMA Cal Releases 2024 Voting Scorecard on the Key Issues We Faced this Year
BOMA Cal released a 2024 voting record of California senators and assemblymembers on the top three bills impacting the commercial real estate industry.
View the state legislator scorecard here.
What You Need to Know
The 2024 California legislative session included votes on three significant bills that could negatively affect the commercial real estate industry:
Assembly Bill 98 (AB 98) - SIGNED INTO LAW: Proposes strict zoning restrictions on logistics and truck routes, potentially disrupting economic growth and complicating transportation operations.
Senate Bill 1103 (SB 1103) - SIGNED INTO LAW: Extends residential tenant protections to commercial leases, which may increase financial risks for property owners.
Assembly Bill 2364 (AB 2364) - SIGNED INTO LAW: Sets stringent quotas and training requirements for janitorial workers, raising operational costs with limited benefits.
How It Impacts You
These bills could impose additional costs and regulatory burdens on our industry.
AB 98 may hinder growth in logistics-dependent industries, SB 1103 could add risks to commercial leasing, and AB 2364 is likely to drive up expenses for janitorial services.
Understanding which legislators supported these bills is crucial.
By identifying those who voted in favor of measures detrimental to our CRE industry, you can more effectively engage in advocacy efforts to protect your interests.
Stay Connected
BOMA on the Frontline helps share what potentially worrisome legislation is on the horizon and gives you a chance to voice your concerns to your legislators via our action center.
