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

STATE MANDATED COST-BENEFIT BILL TAKES AWAY LOCAL CONTROL

April 19, 2013

SB 673 (DeSaulnier; D-Concord) is a bill that would erode local governments’ ability to make land use decisions and move forward with infrastructure and development projects that receive over $1 million in subsidies without a state-mandated economic impact report.

We believe that local governments are able to make decisions regarding such projects in a well-informed manner. Under current law, local governments can seek advice from a broad range of other government agencies and consultants, and regularly require cost-benefit analysis of projects.

The “analysis” required by SB 617 is already required and/or can be required by the local government approving the project. This measure is seen as a way to create an unnecessary hurdle in order to slow certain projects and we are opposing this bill. It is set for hearing in the Senate Governance and Finance Committee on April 24.

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