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California’s Film Industry Is Growing Again!

state legislative priorities

California’s expanded Film and Television Tax Credit Program is already making a major impact. State officials recently announced that the program’s first year is expected to generate a record-breaking $6.6 billion in economic activity and support nearly 35,000 jobs across California. For our members, this is more than entertainment news. It is a sign that one of Southern California’s most important industries is growing again and that growth could bring new opportunities for commercial real estate.

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California Approves $351.7 Billion State Budget

governor newsom

California lawmakers have approved a new $351.7 billion state budget for Fiscal Year 2026-27, making it one of the largest budgets in state history. Governor Gavin Newsom has since signed the spending plan, which includes new investments in housing, homelessness programs, infrastructure, and climate initiatives while also increasing certain taxes and limiting some business tax benefits.

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Commercial Permitting Reform Bill Advances in State Senate

BOMA/GLA Director of Government and Public Affairs Christopher Bowen testified before the Senate Judiciary Committee in support of AB 2418, our co-sponsored legislation to help streamline permitting for commercial tenant improvement projects. The bill once again received unanimous support, marking another major milestone in the legislative process.

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Member Voices Help Move Commercial Permitting Reform Forward

state legislative priorities

We’ve heard stories of tenant improvements waiting months for approvals, building upgrades getting delayed, and projects becoming more expensive because of unpredictable permitting timelines. Those member experiences help shape our advocacy priorities—and this past week, they helped drive an important win. AB 2418, a commercial permitting reform bill authored by Assemblymember Mark Gonzalez, recently passed the California State Assembly with unanimous support and now moves to the State Senate for consideration.

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Supporting Continued Homelessness Funding Across California

homeless housing

California’s Homeless Housing, Assistance and Prevention (HHAP) Program is currently facing uncertainty in the state budget, prompting advocacy organizations across the state to urge lawmakers to protect continued funding for homelessness response efforts. As part of these efforts, BOMA/GLA is supporting The People Concern and its advocacy partners as they work to preserve funding for programs that directly impact communities, business districts, and commercial corridors throughout California.

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AB 2418 Advances to Speed Up Commercial Permitting

state legislative priorities

AB 2418 Advances in California Assembly to Streamline Commercial Permitting. The bill matters to commercial real estate because it aims to reduce plan check delays that continue to slow tenant improvements, increase project costs, and create uncertainty for property owners and managers across California.

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Natural Gas Bills Advance in Sacramento

state legislative priorities

California lawmakers are advancing legislation to accelerate the state’s transition away from natural gas, including SB 1359, which recently cleared its first committee on a narrow vote. This matters for our members because these proposals could directly impact building operations, costs, and long-term investment decisions across commercial real estate.

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Member Advocacy Stops Risky Security Bill

state legislative priorities

AB 1742, a bill that would have changed how legal summons are served, has been pulled and is no longer moving forward this legislative session. This is a meaningful win for commercial real estate, as the bill raised concerns about operational disruption, legal risk, and building management challenges.

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2025 Advocacy Wins Protect California CRE

California Business Properties Association (CBPA) has released its 2025 Annual Report, highlighting a year of major advocacy victories, CEQA and building code reforms. For BOMA members, the report offers a clear snapshot of how Sacramento’s policy changes impact leasing, project timelines, and operating costs. BOMA/GLA works hand in hand with CBPA and BOMA California on these efforts, ensuring that the voice of local commercial property professionals is represented at the state level.

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