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1972 – Over 45 years of service to the commercial industrial retail real estate industry – 2018.

eWeekly Alert & News Archives: July 7th, 2017

****ALERT*** SENATE ABRUPTLY PASSES REAL ESTATE DOCUMENT TAX

Published on July 7, 2017

After stalling a few weeks ago for lack of the needed two-thirds vote majority, a bill that will authorize a tax on almost every recorded real estate document, was brought up with no notice and passed with all Democrat Senators voting for the new tax. SB  | Read More » |

MAJOR LEGISLATIVE DEADLINE APPROACHES

Published on July 7, 2017

Our friends at CapitolTrack remind us that the next legislative deadline falls on July 14th and it requires all policy committees to pass fiscal bills on to their Appropriations Committees. With the Budget already enacted, the legislature is on schedule  | Read More » |

WATER BILL SAVINGS ACT

Published on July 7, 2017

Our industry supports SB 564 (D-Healdsberg) a bill that allows local agencies to issue bonds to fund the purchase and distribution of drought tolerant landscapes, upgrades to hot water systems, gray water systems, high efficiency toilets, and high efficiency  | Read More » |

ADA BILL HEADS TO GOVERNOR

Published on July 7, 2017

A bill our industry is strongly supporting that would continue the State’s reform of ADA laws in an effort to increase accessibility while decreasing frivolous lawsuits passed the Legislature on a bipartisan vote and is headed to the Governor’s Desk. AB  | Read More » |

CA SUPREME COURT UPHOLDS DOCUMENTARY TRANSFER TAX

Published on July 7, 2017

The California Supreme Court, in a 6-1 decision, has held that a city or county may impose documentary transfer tax on the transfer of the ownership interests in a legal entity that owns real property located in the locality. In 926 North Ardmore Avenue,  | Read More » |

SB 700 ENERGY STORAGE INITIATIVE

Published on July 7, 2017

We are in support of SB 700 (Wiener; D-San Francisco) a bill that will establish a statewide system of rebate programs to subsidize the cost of installation of customer-sited energy storage. SB 700 would authorize the Investor Owned Utilities to collect  | Read More » |

GOVERNOR BROWN ANNOUNCES GLOBAL CLIMATE ACTION SUMMIT

Published on July 7, 2017

California Governor Edmund G. Brown Jr. announced via video message at the Global Citizen Festival in Hamburg, Germany that the State of California will convene the world’s climate leaders in San Francisco, California in September 2018 for the Global  | Read More » |