• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • Archive for May, 2010

    May 6

    Ab 2492 Legislative Vehicle For Split Roll?

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    Here is a press release from Assemblymember Tom Ammiano (D-San Francisco) touting his desire to change Proposition 13 and create a split roll. MORE

    May 6

    Court Upholds Charging Fees To Project Opponents

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    Our friends at CBIA bring us the following legal update: The Second District Court of Appeal has approved a city’s right to charge a fee to a project opponent who appeals its CEQA decision from a planning commission to a city council.

    In Friends of Glendora v. City of Glendora, the City’s approval of a negative declaration (ND) pursuant to the California Environmental Quality Act (CEQA) for a 125-bed assisted-living facility was challenged by neighbors of the project. After the planning commission approved the CEQA document, the opponents filed an appeal to the City Council. The City charged them $2,000 for the administrative costs of the appeal. The opponents paid the fee under protest. MORE

    May 5

    AB 2640 Proposes Repeal Of Like Kind Exchanges

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    It is estimated that AB 2640 is at least a $350 million tax increase on our industry.

    A recently introduced piece of legislation in California is causing much consternation in the real estate industry. If enacted, AB 2640 (Arrambula; D – Fresno) would repeal Internal Revenue Code Section 1031, for California income tax purposes. The repeal would be effective for taxable years beginning on or after January 1, 2010. Besides Section 1031, AB 2640 would apply to and would repeal non-recognition treatment for, among others, involuntary conversions, for certain seller reacquisitions of real property and for transfers of property between spouses. MORE

    May 5

    Green California Summit and Exposition Free Pass

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    CBPA is a proud sponsor of the 2010 Green California Summit & Expo taking place at the Sacramento Convention Center March 15-17. The event is shaping up to be the biggest green government conference ever.

    Over 200 suppliers of green products and services and upwards of 6,000 attendees are expected.

    The Summit will feature keynote speakers, an educational program of full-day workshops, concurrent sessions, product showcases and networking opportunities. MORE

    May 4

    2010 Legislation – Need Your Help

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    In 2009, CBPA followed more than 500 bills that had a potential impact on our industry.

    Many of those bills do not make it through the process or were amended in a way that resolves our concerns. Now, the cycle starts over again. We are reading every bill and trying to identify issues that will impact our industry — however, we may not catch everything and need your help. MORE

    May 4

    Campaign Resource Website

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    The California Chamber of Commerce (CalChamber) has developed a website as the “go-to” resource for information on California’s gubernatorial candidates, CalChamber2010.com.

    This resource provides first-of-its-kind comparisons of the three candidates. MORE

    May 4

    Legislative Attacks On Prop 13 Continue

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    In politics no bad idea is ever truly dead.

    Hardcore believers that raising property taxes is a good thing are undaunted by their leader’s better judgment and are looking for other avenues of approach.

    Rumor has it that an Assemblymember from San Francisco has agreed to champion split roll in the Legislature and will carry the battle cry that “business isn’t paying enough.” MORE

    May 4

    CALGreen Workshops and Education

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    The mandatory provisions of the CALGreen will be upon us before you know. Get ahead of the curve and start getting key people in your company’s up-to-speed. Here are two upcoming opportunities:

    The California Building Standards Commission, Department of Housing and Community Development, Office of Statewide Health Planning and Development, and the Division of the State Architect will present multiple opportunities at the Green California Summit and Exposition to learn about the voluntary and mandatory provisions of the 2010 California Green Building Standards Code (CALGreen) which go into effect in January 2011.

    The 2010 code will affect new residential, commercial, school and hospital construction. MORE

    May 4

    Ballot Attack On Prop 13 Averted – For Now

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    As we have previously announced, efforts to push two propositions to gut Proposition 13 protections for commercial real estate have been put on hold for 2010. The facts are clear that because we alerted, informed, and energized our industry, created a broad coalition, and raised early money, proponents of the measures saw a very tough campaign ahead.

    Californians Against Higher Property Taxes, brought together homeowner, small business and taxpayer groups to oppose these proposals. Your generous donations assured that we had an active campaign infrastructure, were able to conducted economic studies, and allowed us to communicate flaws of the split roll idea to press and policymakers. MORE