State Legislation
Southern 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 MoreAB 2840 – A Job Killer for the Warehouse Industry
A bill is currently being considered by the California legislature and would target warehouse and logistic centers, stalling redevelopment, stop many projects, and would kill a significant number of jobs. AB 2840, at the time of writing, has been …
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.
Read MoreAB 1993 – California’s Sweeping Vaccination Mandate Will Not Move Forward
In response to swift criticism from unions and public agencies, the California legislature moved to shelve a bill that would have introduced one of the most sweeping vaccination mandates in the state’s history…
Read MoreStatewide 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 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 More