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

Legislation Updates

STILL NO BUDGET – 30 DAYS LATE

July 30, 2010

Over the Legislative Summer Recess, that technically was deemed not a recess by legislative leaders, things were quiet in Sacramento and not much activity on the budget seemed to be happening. Apparently that was absolutely the case. But as time drags on and the state is nearing the point at which it runs out of cash, the rhetoric is heating up. Click More »

Ab 2492 Legislative Vehicle For Split Roll?

May 6, 2010

Here is a press release from Assemblymember Tom Ammiano (D-San Francisco) touting his desire to change Proposition 13 and create a split roll.  More »

Court Upholds Charging Fees To Project Opponents

Our friends at CBIA bring us the following legal update: The Second District Court of Appeal has approved a city’s right to charge a fee to a project opponent who appeals its CEQA decision from a planning commission to a city council. In Friends of Glendora v. City of Glendora, the City’s approval of a negative declaration (ND) pursuant to the California More »

AB 2640 Proposes Repeal Of Like Kind Exchanges

May 5, 2010

It is estimated that AB 2640 is at least a $350 million tax increase on our industry. A recently introduced piece of legislation in California is causing much consternation in the real estate industry. If enacted, AB 2640 (Arrambula; D – Fresno) would repeal Internal Revenue Code Section 1031, for California income tax purposes. The repeal would More »

2010 Legislation – Need Your Help

May 4, 2010

In 2009, CBPA followed more than 500 bills that had a potential impact on our industry. Many of those bills do not make it through the process or were amended in a way that resolves our concerns. Now, the cycle starts over again. We are reading every bill and trying to identify issues that will impact our industry — however, we may not catch everything More »

Legislative Attacks On Prop 13 Continue

In politics no bad idea is ever truly dead. Hardcore believers that raising property taxes is a good thing are undaunted by their leader’s better judgment and are looking for other avenues of approach. Rumor has it that an Assemblymember from San Francisco has agreed to champion split roll in the Legislature and will carry the battle cry that “business More »

Ballot Attack On Prop 13 Averted – For Now

As we have previously announced, efforts to push two propositions to gut Proposition 13 protections for commercial real estate have been put on hold for 2010. The facts are clear that because we alerted, informed, and energized our industry, created a broad coalition, and raised early money, proponents of the measures saw a very tough campaign ahead. Californians More »

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