State 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 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 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.
Read MoreGovernor Newsom’s Executive Order Aims to Help Rebuilding Efforts After Wildfires Â
Governor Newsom has signed an Executive Order to expedite recovery efforts in Los Angeles and Ventura Counties following devastating wildfires that have destroyed or damaged over 12,000 structures. Efforts are still underway to get these fires under control.
Read MoreThe Future of California’s Downtowns: Insights from Assemblymember Matt HaneyÂ
As California’s urban cores grapple with post-pandemic challenges, Assemblymember Matt Haney is spearheading efforts to revitalize downtowns across the state.
Read MoreOur Coalition’s Fight Against AB 98’s Warehouse Regulations
After contentious debate in both houses, Assembly Bill 98 narrowly passed the legislature and was signed into law by Governor Newsom.   Â
Read MoreTwo Adaptive Reuse Bills Vetoed by Governor Newsom
Assembly Bill 2910 and Assembly Bill 3068 both passed the California Legislature but were subsequently vetoed by Governor Newsom.
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