State Legislation
Governor Newsom Announces Plan to Cap Oil Refinery Profits
On Monday, California Governor Gavin Newsom announced his plan to combat high fuel prices, after months of record-breaking gas costs.
Read MoreA Look at the California State Legislature After the 2022 Election
The California State Assembly and Senate have seen significant changes following the 2022 November Election.
Due to retirements, resigning, and lawmakers running for other offices, both houses had major turnover.
Read MoreBOMA/GLA Visits Sacramento
Last week, BOMA/GLA joined other commercial real estate groups to participate in CBPA’s California Commercial Real Estate Summit. It was a chance to speak to lawmakers in Sacramento about bills affecting our industry.
Read MoreVictory Alert: AB 2840, A Job Killer for the Warehouse Industry, Shelved for 2022
A bill that would target warehouse and logistic centers has passed the California State Assembly and will soon be considered by the State Senate. In short, this bill (Assembly Bill 2840) would ban many new warehouse/logistics facilities in Southern California…
Read MoreCEQA Reform Will Help the Housing Crisis
The balance between protecting the environment and addressing the mounting housing crisis becomes more difficult to manage as time goes by. The California Environmental Quality Act (CEQA) remains a controversial way to address both issues.
Read MoreSouthern California Braces for More Unprecedented Water Cuts
After months of poor weather and climate, Southern California is set to experience some of the state’s worst water restrictions. Unfortunately, the region’s water supply isn’t expected to get better anytime soon. According to NOAA’s weekly report the US Drought Monitor, 93% of California is experiencing a severe drought. Additionally, 35% is currently in extreme …
Read MoreLos Angeles County Pushes for a Housing First Position on Homelessness
On Tuesday, the Los Angeles County Board of Supervisors moved to declare the County as supporting a ‘housing first’ approach to the homelessness crisis. According to the motion, a housing first approach is defined as a “model and approach recognizing that an unhoused person or family must …
Read MoreBOMA California Outlines State Legislative Priorities for CRE
Though businesses are well into a full post-COVID economy, commercial, industrial, and retail real estate organizations are all still facing a number of state legislative challenges this season. From development to other increased costs of operation, a number of policies can make a significant impact …
Read MoreAB 1001 – A Step Backward on CEQA Reform and Housing Development
The California legislature is pursuing a bill that would further endanger the state’s housing availability during a time when development is strongly needed. AB 1001 (Garcia, Cristina; D-Los Angeles) would create new highly subjective, non-quantifiable, and litigation-bait standards in CEQA that will threaten California’s economic recovery and ability to construct much-needed housing …
Read MoreThe 2022 Ballot Initiatives You Need to Know About
In gearing up for the November 2022 General Election cycle, advocates are beginning their process to gather signatures for 38 ballot initiatives that could significantly change state laws. From taxes to housing, and economic development, these ballot initiatives could prove consequential for years to come.
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