April 18, 2025

Time’s Running Out – Register Before It’s Too Late

The wait is almost over. We’re just days away from the BOMA Pacific Southwest Region’s first conference in 30 years! Don’t miss this incredible opportunity to gain insightful education, connect with top industry leaders, and expand your network. Be part of this historic event—learn more and register today! 

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State Senator Proposes Massive New Statewide Tax

In case you missed it: BOMA California has joined a fast-growing statewide coalition in strong opposition to Senate Bill 789 (Menjivar; D-Van Nuys), a just-unveiled proposal that would impose a $5-per-square-foot annual tax on vacant commercial properties. The bill, slated to take effect in 2028, also threatens a steep 75% penalty for reporting errors related to the tax.


The Senate Revenue and Taxation Committee is set to hear SB 789 on Wednesday, April 23. We urge you to contact state senate representatives ASAP to push back against this bill.

CALL TO ACTION
PRESS RELEASE

Press Conference to Highlight Business Relief Bill

On Monday, April 21, Assemblymember Stephanie Nguyen (D-Elk Grove) will join CRE leaders and local businesses to announce AB 1435, the Business Clean-Up Relief Act of 2025. The bill offers a five-year tax credit to cover costs from encampment-related cleanup, vandalism, and security on private property.


Sponsored by our industry coalition, AB 1435 aims to help small businesses recover, promote safe neighborhoods, and address growing challenges in commercial areas. A press conference will be held ahead of the bill’s hearing in the Assembly Revenue and Taxation Committee.


This industry sponsored bill is part of our ongoing work to not only oppose harmful legislation, but also advance real solutions to the challenges facing our industry.

FACT SHEET

New Threats to CRE Spotlighted at Fresno Forecast

BOMA California Statewide Administrator Matthew Hargrove joined a panel of industry leaders at the Fresno County Economic Development Corporation’s 20th Annual Real Estate Forecast on April 10. 


Speaking to an audience of real estate professionals, Hargrove emphasized the growing burden commercial property owners face from an overwhelming volume of state legislation. The newly proposed bills highlighted would have wide-ranging impacts, especially in regions still recovering from years of economic slowdown. 


Special thanks to Fresno County EDC for inviting us to participate!

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CCDA Webinar: Accessible Guide to Parking

BOMA California partner California Commission for Disability Access (CCDA) is hosting a webinar on their Accessible Guide to Parking for Business Owners and Operators, a toolkit that promotes awareness, summarizes requirements, and offers resources to help avoid those complaints involving issues with accessible parking and accessible routes. 


The webinar will take place on April 22nd at noon and will be an educational opportunity for business owners and operators to learn more about accessibility parking compliance.

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