Legislation
Understanding the Threat of SB 789’s Vacancy Tax to Commercial Real EstateÂ
SB 789 (Menjivar; D-Van Nuys) now includes a commercial property vacancy tax that could heavily impact property owners/managers, tenants, and the economy.
Read MoreBOMA/GLA Engages with State Leaders at CBPA Board Meeting & Legislative LuncheonÂ
Our BOMA/GLA Government Affairs Director attended the California Business Properties Association (CBPA) Board Meeting and All-Star Awards Legislative Luncheon in Sacramento this week, joining industry leaders and policymakers for discussions on commercial real estate legislation at the state level and locally.
Read MoreProposed Price Gouging Law: What It Could Mean for the CRE IndustryÂ
Assembly Bill 380 seeks to modify Penal Code Section 396 by imposing stricter limits on price increases after declared emergencies. This can include prices of essential goods and services. However, the bill also wants to place a limitation on rent increases for both residential and commercial properties after a declared emergency.
Read MoreGovernor Newsom Orders State Employees Back to the OfficeÂ
Governor Newsom ordered state agencies to require at least four in-office days per week starting July 1, 2025.
Read MorePasadena Wants to Update Adaptive Reuse RulesÂ
Pasadena introduced an ordinance to make it easier to convert commercial buildings into housing. It would reduce parking requirements, increase allowed density, and provide zoning flexibility for multi-family and mixed-use projects if passed.
Read MoreFederal Lease Terminations: What You Need to Know
The new Trump Administration has prioritized reducing the size of the federal government, including efforts to shrink federal building space.
Read MoreLithium-Ion Battery Safety Legislation: Progress Stalls, But Advocacy ContinuesÂ
Despite significant progress, the Setting Consumer Standards for Lithium-Ion Batteries Act (S.1008 and H.R.1797) ultimately did not pass.
Read MoreGovernor Newsom Signs $2.5 Billion Wildfire Recovery Package for Los Angeles CountyÂ
Governor Gavin Newsom has approved a $2.5 billion plan to help Los Angeles County recover from two major wildfires that heavily damaged Altadena and Pacific Palisades.
Read MoreLong Beach State of the City: Progress and Opportunities for CRE ProfessionalsÂ
Long Beach Mayor Rex Richardson recently delivered the 2025 State of the City Address, sharing a progress report on key milestones and future initiatives.
Read MoreCalifornia Assembly Takes Swift Action to Aid Los Angeles Wildfire RecoveryÂ
In the wake of devastating wildfires that have ravaged Los Angeles County, California Assembly Speaker Robert Rivas and Los Angeles Assemblymembers have announced a comprehensive legislative package aimed at fast-tracking recovery efforts and providing crucial support to fire victims.
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