Hero Text

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

eWeekly Alert & News

SACRAMENTO TOTALLY FOCUSED ON CAP AND TRADE

July 14, 2017

Governor Jerry Brown spent five hours in a committee testifying about his proposal to extend California’s Cap-and-Trade program to the year 2030. This is unheard of and showed the Governor’s commitment to the issue as he had to sit through several hours of public testimony for and against the proposal. Both bills, AB 617 by Assemblymembers Cristina More »

AIR QUALITY ISSUE MIXED UP IN CAP-AND-TRADE NEGOTIATIONS

After several weeks of working closely with our supply chain partners/members as part of the Goods Movement Coalition on cap-and-trade issues, we are happy to report that they have successfully been able to keep an issue out of the discussion. AB 617, noted above, is the follow-on bill dealing with Air Quality issues above and beyond Cap-and-Trade reauthorization. More »

REAL ESTATE DOCUMENT TAX A POISON BILL FOR AFFORDABLE HOUSING DEAL

As we reported last week, the SB 2 (Atkins; D-San Diego), 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, lobbing the bill over to the Assembly. Less than a week later the bill was heard in the Housing Committee and passed on More »

BORDER-ADJUSTMENT TAX OPPOSED BY INDUSTRY

David Bahr, Communications Manager for R-Street has penned an op/ed explaining how the Border-Adjustment Tax would add nearly $2B to the cost of property insurance in California: “As the nation’s most populous state, among the wealthiest states and a state that is vulnerable to the catastrophic effect of earthquakes, floods, wildfires and other More »

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

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 2 (Atkins; D-San Diego) authorizes a county to adopt an ordinance authorizing a fee for recording More »

MAJOR LEGISLATIVE DEADLINE APPROACHES

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 to adjourn for summer recess on July 21st. The next two weeks are going to be intense as many big More »

WATER BILL SAVINGS ACT

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 showerheads at private property within their jurisdictions. SB 564 authorizes property owners More »

ADA BILL HEADS TO GOVERNOR

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 1148 (Steinorth; R-Rancho Cucamonga) passed its final vote in the Assembly 62-0. AB 1148 would More »

CA SUPREME COURT UPHOLDS DOCUMENTARY TRANSFER TAX

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, LLC v. County of Los Angeles, the court held that the documentary transfer tax applies to a written More »

SB 700 ENERGY STORAGE INITIATIVE

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 revenue for the Self-Generation Incentive Program (SGIP) for the ten-year period (2018-2027) to More »

Page 20 of 170« First...10...1819202122...304050...Last »