BOMA CAL’s 2025 Legislative Session Wrap-Up: Key Wins for Commercial Real Estate
BOMA California, the California Business Properties Association (CBPA), and local partners like BOMA/GLA tracked over 400 bills this year—engaging on more than 200 impacting commercial real estate. Together, these efforts protected your properties, lowered costs, and reinforced our industry’s role as a proactive policy leader.
What You Need to Know
Stopped Harmful Bills: Defeated vacancy tax, commercial rent control, and residential rent control expansion. Also scaled back emergency rent caps to avoid new lease liabilities.
Building Code Pause: Secured a three-year break from new code updates, saving millions in compliance costs.
Proactive Leadership: Backed bills to clarify lease rules, boost retail theft funding, support economic development, improve EV safety, and encourage retail redevelopment—showing CRE as a constructive policy leader even when some bills didn’t advance.
Coalition Success: Formed alliances to remove harmful lease mandates and secure carve-outs that protect CRE from costly proposals.
How It Impacts You
For property managers and service providers, these wins mean:
Cost Savings: The building code pause translates to 3–6% in reduced compliance costs and greater budget predictability.
Legal Protection: Fixes to AB 98 and removal of harmful lease mandates reduce exposure to litigation and liability.
Market Stability: Blocking vacancy taxes, rent control, and price control measures preserves flexibility in leasing and investment decisions.
Operational Support: Prop 36 funding and insurance reform efforts strengthen public safety and improve coverage options, directly benefiting day-to-day operations.
BOMA/GLA will continue working with CBPA and BOMA California to ensure your interests remain protected. Stay updated on BOMA on the Frontline.
View the full BOMA California Legislative Wrap-Up here.
