Legislation
The Terrible Two’s Threatening Our Industry: AB 2364 and SB 1103
The legislature is back from its summer recess, and the fate of the remaining legislation will be determined in the next four weeks.
While we are following numerous bills, two stand out as particularly damaging for our industry: AB 2354 and SB 1103.
Revitalizing Downtowns and the Impact on Commercial Real EstateÂ
The Revitalizing Downtowns and Main Streets Act (RDMA), introduced by Representatives Jimmy Gomez (CA-34) and Mike Carey (OH-15), aims to solve two problems: empty commercial spaces and the housing shortage.
Read MoreMetro Creates Its Own Law Enforcement AgencyÂ
The Los Angeles Metro board has unanimously voted to create its own transit law enforcement agency.
Read MoreAB 2433 Dies
Assembly Bill 2433 would have helped speed up the plan check process for many projects. After passing the Assembly, the bill was held in the Senate Local Government Committee before being withdrawn by the author.
Read MoreCalifornia Voters to Decide on Ten Statewide MeasuresÂ
Californians will face 10 statewide propositions on the November 2024 ballot. The propositions cover topics from education and climate change to criminal justice reform and rent control. Other proposed ballot measures either did not secure enough signatures or were removed through negotiation or court order. What remains will still have an impact on our industry and beyond.
Read MoreNavigate the Reformed Private Attorneys General ActÂ
Governor Gavin Newsom has just signed Assembly Bill 2288 and Senate Bill 92. This reform to the Private Attorneys General Act (PAGA) affects how California labor code violations are addressed.
Read MoreSB 1103 Heads to the Assembly Floor
State Senator Menjivar recently introduced a new bill that would add new requirements and limit security deposits for landlords renting to small businesses and non-profits. Effectively, this would impose a rent control policy for commercial real estate.
Read MoreNavigating the New Workplace Violence Prevention Mandate Â
California’s new law against workplace violence goes into effect July 1st, 2024. Senate Bill 553, now incorporated into the California Labor Code, requires that all employers in California create a Workplace Violence Prevention Plan (WVPP).
Read MoreCalifornia Supreme Court Removes Taxpayer Protection Act from the November BallotÂ
The California Supreme Court voted to remove the Taxpayer Protection and Government Accountability Act (TPA) from the November ballot. TPA aimed to reinstate the two-thirds majority vote requirement for new taxes and grant voters the authority to approve or reject new and increased taxes.
Read MoreBOMA International Fights for Federal Support of CRE Friendly PoliciesÂ
BOMA International fights for laws and policies that help the U.S. commercial real estate industry at the federal level.
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