Don't miss commercial real estate’s annual update on newly introduced legislation impacting our industry. This meeting is the final step in the initial review process where we bring together members to review the bill list and set the direction for your advocates in Sacramento.

CBPA is a member driven organization and we rely on your feedback as part of this process!

To RSVP, contact Crystal Whitfield at cwhitfield@cbpa.com.

In partnership with the commercial real estate industry, Assemblymember Sharon Quirk-Silva (D – Fullerton) has introduced Assembly Bill 2433, the Private Permitting Review and Inspection Act. This proposed legislation would streamline the building permit process by implementing common sense reforms.

If passed, the bill would improve the efficiency of local government operations by establishing clear timelines for permit processing. The bill would also establish the conditional use of private professionals for plan-checking and inspections if a local agency fails to meet the set deadlines. 

Yesterday's virtual press conference was the official kickoff of the Taxpayer Protection and Government Accountability Act (TPA) campaign, as a diverse coalition of partners joined forces to support the ballot measure.

CBPA is a co-chair of TPA, which would give Californians the final decision on raising their taxes and better accountability for how state and local governments spend their money.

TPA is slated to appear on the November ballot. If you would like more information about our efforts, or if you want to help support the campaign, please contact Matthew Hargrove at mhargrove@cbpa.com.

CBPA President & CEO Matthew Hargrove spoke with ABC 7 Chicago about the impacts of Measure ULA, the real estate transfer tax in Los Angeles, as a Chicago ballot measure proposes a similar referendum.

Measure ULA raised the transfer tax on properties over $5 million in Los Angeles, promising to raise $800 million in revenue for homelessness. However, the new tax failed to deliver such revenues and instead crippled the commercial real estate market.

The Chicago referendum will appear on the March 19th election ballot.

CalChamber has tagged SB 1116 (Portantino; D-Burbank) as a job killer, citing the proposal’s requirement for employers to subsidize striking workers through additional taxes paid to the Unemployment Insurance (UI) Fund.

CBPA is proud to join our partners at CalChamber in opposition to this bill, which would add to the historic debt of California's UI Fund and increase taxes on employers, adding further challenges to employers across California.

Looking for more information on new laws and proposed legislation that impacts our industry? CBPA has created fact sheets to help you learn about critical issues impacting commercial real estate, including:

• AB 1218: Demolition of Residential Dwelling Units
• AB 1572: Potable Water Use on Nonfunctional Turf 
• SB 253: Climate Corporate Data Accountability Act
• And more!