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

eWeekly Alert & News

CA PROPOSES RECORD SPENDING ON SCHOOLS

February 8, 2020

In his budget proposal for the 2020-21 fiscal year, Governor Gavin Newsom proposes record-high spending of $77.1 billion on K-12 schools and higher education, a 75 percent increase from the $43.9 billion spent in 2011-12. The Governor noted that per-pupil spending has increased more than $7,200 since 2011-12, with the state planning to spend $17,964 More »

NEW YEAR – NEW JOB KILLERS

As proud members of the California Chamber of Commerce, we work closely with the organization on bills that impact our members.  Each year we provide input on both the Job Killer and Job Creator lists. Job Killers represent the worst-of-the-worse ideas that will harm the state’s economy and shrink employment.  Already in 2020 two bills have been More »

LLC – BROKER BILL PASSES ASSEMBLY

On a bipartisan 56-0 vote, AB 687 (Daly; D-Anaheim) passed the California State Assembly.  This bill will allow real estate brokers to incorporate as a limited liability company (LLC), in addition to a C or S corporation. This is a measure that our industry has been pursuing for years, and the Department of Real Estate notes there is pent-up demand More »

COMMUNITY AIR PROTECTION PROGRAM INPUT SOUGHT

Assembly Bill 617 signed into law in 2017, directs the California Air Resources Board to establish the Community Air Protection Program.  The program a community-focused action to reduce air pollution and improve public health in communities that experience disproportionate burdens from exposure to air pollutants. On September 27, 2018, the Board selected More »

NEWSFLASH: COURT HALTS CONTROVERSIAL ARBITRATION LAW

January 31, 2020

Business groups today are hailing a ruling in the case against California’s new law banning employers from requiring arbitration agreements as a condition of employment. In the case, United States District Court Judge Kimberly J. Mueller ruled: “having carefully considered all relevant briefing, including supplemental briefing, the court GRANTS More »

LLC – BROKER BILL PASSES ASSEMBLY

On a bipartisan 56-0 vote, AB 687 (Daly; D-Anaheim) passed the California State Assembly.  This bill will allow real estate brokers to incorporate as a limited liability company (LLC), in addition to a C or S corporation. This is a measure that our industry has been pursuing for years, and the Department of Real Estate notes there is pent-up demand More »

BALLOT MEASURE CHALLENGING AB 5 GAINS MOMENTUM

California’s new law, AB 5, attempting to clarify the Dynamex Court ruling has been drawing lots of complaints for having a variety of unintended consequences.  Our industry worked hard to clarify that Real Estate Brokers were not included in the law, however another major issue we had was that the bill was not clear in how it impacted business-to-business More »

HOUSING DENSITY BILL FAILS – TWICE

A measure that has made lots of headlines over the past year, that would set aside some local ordinances to clear the way for more dense housing near transit corridors, failed twice this week in two votes on the Senate Floor. SB 50 (Weiner; D-San Francisco) attempts to help break the housing logjam in the state by overriding local zoning rules to encourage More »

COMMUNITY AIR PROTECTION PROGRAM INPUT SOUGHT

Assembly Bill 617 signed into law in 2017, directs the California Air Resources Board to establish the Community Air Protection Program.  The program a community-focused action to reduce air pollution and improve public health in communities that experience disproportionate burdens from exposure to air pollutants. On September 27, 2018, the Board selected More »

LLC – BROKER BILL PASSES COMMITTEE UNANIMOUSLY

January 24, 2020

After years of trying, and months of negotiations with interested stakeholders, we are pleased to report that our sponsored bill, AB 687 (Daly; D-Anaheim) to allow limited liability companies (LLC) to operate as a real estate broker has moved through the Assembly Judiciary Committee and, yesterday, the Appropriations Committee, on bipartisan votes. Real More »

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