California Business
Properties Association (CBPA)
Founded in 1972, CBPA serves as the California legislative and regulatory advocate for individual companies as well as the International Council of Shopping Centers (ICSC), the California Chapters of the Commercial Real Estate Development Association (NAIOP), the Building Owners and Managers Association (BOMA) California, the Institute of Real Estate Management (IREM), the California Downtown Association (CDA), the Retail Industry Leaders Association (RILA), and ACRE of Southern California, making CBPA the recognized voice of the commercial, industrial, and retail real estate industries in California representing over 12,000 companies.
LATEST NEWS/INFORMATION
Recent CBPA Successes
During the 2011 legislative session, CBPA had great success on a number of key issues including securing the veto of a measure aimed at stopping development through layering a statewide economic study component to the already cumbersome environmental process; defeating a union-sponsored measure that would force the hiring of certain employees; passage of online sales tax fairness for retailers; defeat of another split roll property tax bill; passage of moderate regulatory reform; and rollback of a fire code rule that would stymie large industrial development.
CBPA continues to lead the effort to craft a workable “Green Building” code and have worked directly with the Governor’s office to make sure that our industry is able to monetize greenhouse gas savings through pursuit of a revolving loan fund for energy efficiency. CBPA engaged on 527 pieces of legislation in the California State Capitol. Of the forty-nine (57) bills deemed “High Priority,” we opposed thirty four. Click here to see a complete list of CBPA’s highlights from 2011.
Split-Roll Property Tax Study
A study that examines the potential economic impact of a split-roll property tax, taking into account how a split roll would affect the behavior of individuals and businesses who own commercial property, has been completed and distributed to policymakers in California. Click here to read the study entitled The Economic Effects of California Adopting a Split Roll Property Tax
CBPA serves on the executive committee for Californians Against Higher Property Taxes, a recently formed coalition of business and taxpayer groups with a mission to educate the public and policymakers about the devastating impacts of higher property taxes. Although higher property taxes are very unpopular and voters have rejected them time and again, some policymakers and advocacy groups often push the issue as a way to raise additional tax revenue.
The study shows that such proposals for property tax increases will only hurt California consumers, seniors and taxpayers, and further damage our state’s struggling economy.
