State Legislation
Governor Newsom Reveals Spending Plan Amid Budget Deficit
Governor Newsom Reveals Spending Plan Amid Budget Deficit State Legislation As he reveals his spending plan for the upcoming fiscal year, Governor Newsom has revealed the California budget deficit has risen to nearly $32 billion. While his spending plan would balance the budget for 2023-2024, experts worry it could increase the deficit in the following…
Read MoreGovernor Newsom Announces Plans for CEQA Reform
After years of frustration from Californians, Governor Gavin Newsom has announced his long-awaited CEQA reform.
Read MoreCalifornia Reparations Task Force Proposes Payments Up to $1.2 Million for Black Residents
The California Reparations Task Force has made its recommendation that qualifying Black Residents should be paid up to $1.2 million for injustice and discrimination since slavery.
Read MoreGovernor 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 …
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