State Legislation
CA CRE Alert: Significant Legislative Bills That Could Impact Your BusinessÂ
BOMA Cal is actively engaging in advocacy efforts in Sacramento, focusing on pivotal bills that could influence the commercial real estate sector. Read more about the priority bills here.
Read MoreTPA Gets Supreme Court Hearing Date
The California Supreme Court has now set a hearing date of May 8th for oral arguments for and against the measure’s removal from the ballot.
It would be unprecedented for the court to remove TPA from the ballot, and we hope the court dismisses the request for its removal from the ballot. The state is arguing that the changes this ballot measure brings are too significant for just the voters to decide on.
Read MoreProp. 1 Holds Narrow Margin Between Passage and Defeat
Recent ballot updates show the governor’s ballot initiative is too close to call.
Proposition 1 has only a margin of a few thousand votes between passage and defeat.
Read MoreCRE Goes on Offense in Sacramento
Our new lobbyist in the state capitol is wasting no time getting started! He has put forward two time-saving (and money-saving) bills.
One is to limit how long a city can take to plan-check before an applicant can hire an external professional.
The other would limit legal proceedings meant to delay evictions.
Anticipated State Budget Deficit Worsens
A new Legislative Analyst Office (LAO) report shows tax revenue falling well below projections. The agency projects a new California budget deficit of $78 billion.
The deficit will likely cause the state to dive into reserve funds and cut spending at a level not seen since the Great Recession.
California Lawmaker Proposes Bill That Would Legalize Drinking on Public Streets
A bill proposed in the State Senate would allow for the consumption of alcohol in certain public streets and areas.
Read MoreCalifornia Lawmakers Push Back on Proposed Utility Fee Changes
California legislators are fighting back against a proposed utility change that would lower the price for low-income households.
Read MoreGovernor Newsom Calls for Legislation to Crack Down on Organized Retail Crime
Governor Newsom has called for new laws to expand penalties on professional thieves and crackdown on organized retail crime.
Read MoreCalifornia Fuel Tax Revenue to Decline by Billions
With California being a leader in electric vehicles, reports estimate that it could come at the expense of fuel tax revenue.
Read MoreAssembly Speaker Rivas Announces New Leadership
New Assembly legislative leadership has been announced by first-year California Assembly Speaker Robert Rivas.
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