Legislation
Statewide Business Community Unites to Outline State Budget and Policy Priorities
SACRAMENTO— California’s statewide, regional and local business communities have come together to announce its key budget and statewide priorities for the governor and state Legislature. In a letter sent to the governor earlier this …
Read MoreLA City Moves to Lift Vaccine Mandate
On Wednesday the Los Angeles City Council voted to rescind its longstanding COVID-19 vaccine mandate, signaling a final moment of recovery in the city’s historic struggle against COVID-19. The motion, which will have to be voted on again on March 30th …
Read MoreWe Need You to Help Pass H.R. 6921 – Key Energy Investments Program
BOMA International and its advocacy partners are pleased to report that H.R. 6921, the Small Business Energy Loan Enhancement Act, has officially been introduced by U.S. Representatives Jason Crow (D-Colo.) and Don Bacon (R-Neb.). The Small Business Energy Loan Enhancement Act would …
Read MoreLA County Lifts Indoor Mask Mandate for Vaccinated Individuals
After COVID-19 and omicron cases have plummeted, Los Angeles County announced last week on Friday that it would officially lift its indoor mask mandate for vaccinated individuals. This comes after nearly two years of mask mandates …
Read MoreBOMA Advances Key Policy Priorities on Capitol Hill
At this year’s National Issues Conference, BOMA advocates from across the country met with dozens of members of congress to discuss issues impacting the commercial real estate industry. The 2022 policy priorities advanced on Capitol Hill were BOMA International’s …
Read MoreNew Real Estate Transfer Tax is Another Misguided Response to the Homelessness Crisis
Among one of the most high-profile election cycles in recent memory, voters could also take up a controversial tax hike, which could cost property owners upwards of $8 billion. The tax would add another real estate transfer tax …
Read MoreAfter LA County Ends its Commercial Eviction Moratorium, LA City Moves in the Opposite Direction
Following two years of orders, the Los Angeles County Board of Supervisors moved to end the eviction moratorium on commercial tenants. This was a huge victory for commercial landlords and businesses that have endured economic hardships amid these moratorium orders. After commercial landlords originally struggled through the commercial eviction moratorium with no end in sight, the commercial eviction moratorium officially expired on …
Read MoreCalifornia’s New Annual Budget Shows Promise for CRE
After almost two years of economic shutdowns, California State Budget is healthy and generating historic surpluses. Governor Newsom released his proposed budget for 2022-2023 on Monday and the Department of Finance followed up with a summary on everything included. California now has …
Read MoreICYMI: Amid Another Statewide Order, LA County Requires Workers to Wear Medical Grade Masks
Following a notable surge in COVID-19 cases and the spread of the highly infectious Omicron variant, LA County moved to require a stricter mask mandate for all county employees. This is in tandem with California’s decision to extend its own statewide mask mandate for indoor …
Read More3 Grocery Stores to Shut Down after City Council approves Hazard Pay Ordinance
After the City voted to approve a mandatory $5 hazard pay ordinance for grocery and retail businesses on March 3rd, 3 major LA grocery stores announced that they will be forced to shut down. Councilmember John Lee, who voted to reject the …
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