• Established in 1972 · CBPA has over four decades of service to the commercial industrial retail real estate industry
  • REGULATORY REFORM BILL MOVES FORWARD

    Posted: July 25, 2013 | Posted by Crystal Whitfield | No Comments

    CBPA is pleased to support newly minted Senator Ben Hueso’s (D-San Diego) SB 401, which will assist in presenting a clear understanding of economic impacts to the ailing commercial construction industry by providing transparency to those affected by new building standards.  This bill builds upon current law which already provides this information for residential building standards.

    Since 1982 state agencies have been required to prepare an economic impact analysis that clearly identifies any adverse economic impacts on business, small business and housing.  However, the economic impact analysis has most often been accompanied by boilerplate language that states:

     “The agency has determined that there will be no significant economic impact on business/housing.” 

    As is widely recognized, such regulations more often than not do have a cost impact, and this generic sentence gives no real indication to the public as to what the estimated cost (in dollars) and benefits are with the proposed building standard.

    SB 401 merely requires a state agency proposing a building standard to cite the estimated cost and benefits of compliance; for decades state agencies have been developing this information to support a determination of economic impact.

    CBPA thanks Senator Hueso for carrying such a “make-sense” bill!



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