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

ECONOMIC DEVELOPMENT BILLS VETOED

October 6, 2014

The following bills were meant to address issues, in some fashion, created by the elimination of the state’s Redevelopment program. All were vetoed by the Governor:

  • AB 1399 by Assemblymember Jose Medina (D-Riverside) – Income taxation: insurance taxation: credits: California New Markets Tax Credit. A veto message can be found here.
  • AB 2280 by Assemblymember Luis Alejo (D- Salinas) – Community Revitalization and Investment Authorities. A veto message can be found here.
  • AB 2493 by Assemblymember Richard H. Bloom (D-Santa Monica) – Redevelopment dissolution: housing projects: bond proceeds. A veto message can be found here.
  • SB 1129 by Senator Darrell Steinberg (D-Sacramento) – Redevelopment: successor agencies to redevelopment agencies. A veto message can be found here.

We supported all measures and hope to work with the Governor next year to address some of these ongoing issues:

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