Posts Tagged ‘california’
AB 2433 Dies
AB 2433 Dies State Legislation Assembly Bill 2433 would have helped speed up the plan check process for many projects.  After passing the Assembly, the bill was held in the Senate Local Government Committee before being withdrawn by the author. How It Impacts You If passed as written out of the Assembly, it would have…
Read MoreCalifornia Voters to Decide on Ten Statewide MeasuresÂ
California Voters to Decide on Ten Statewide Measures State Legislation Californians will face 10 statewide propositions on the November 2024 ballot. The propositions cover topics from education and climate change to criminal justice reform and rent control.  Other proposed ballot measures either did not secure enough signatures or were removed through negotiation or court order.…
Read MoreCRE Alert: Fate of the BOMA Cal Top 8 Â Â Â
CRE Alert: Fate of the BOMA Cal Top 8    State Legislation We wanted to provide you with an update on the fate of BOMA California’s Top 8 priority bills. Keep in mind that the legislature is in summer recess and upon return more bills fate will be decided.  What You Need to Know  Bills…
Read MoreNavigating the New Workplace Violence Prevention Mandate Â
Navigating the New Workplace Violence Prevention Mandate  State Legislation California’s new law against workplace violence goes into effect July 1st, 2024.   Senate Bill 553, now incorporated into the California Labor Code, requires that all employers in California create a Workplace Violence Prevention Plan (WVPP). What You Need to Know Key Points: A WVPP can…
Read MoreCalifornia Supreme Court Removes Taxpayer Protection Act from the November BallotÂ
California Supreme Court Removes Taxpayer Protection Act from the November Ballot State Legislation, Taxes The California Supreme Court voted to remove the Taxpayer Protection and Government Accountability Act (TPA) from the November ballot.  TPA aimed to reinstate the two-thirds majority vote requirement for new taxes and grant voters the authority to approve or reject new…
Read MoreNavigating California’s Revised Budget: Implications for CREÂ
Navigating California’s Revised Budget: Implications for CRE State Legislation The Governor’s revised budget proposal aims to close the $27.6 billion budget shortfall for the current fiscal year and the projected $28.4 billion deficit for the next year. What You Need to Know California’s revised budget proposal aims to close massive deficits, but the cost-cutting measures…
Read MoreCA CRE Alert: Significant Legislative Bills That Could Impact Your BusinessÂ
CA CRE Alert: Significant Legislative Bills That Could Impact Your Business State Legislation BOMA Cal is actively engaging in advocacy efforts in Sacramento, focusing on pivotal bills that could influence the commercial real estate sector. Read more about the priority bills here. What You Need to Know  Bills Supporting Business Growth: AB 2433 makes it…
Read MoreProp. 1 Holds Narrow Margin Between Passage and Defeat
Recent ballot updates show the governor’s ballot initiative is too close to call.
Proposition 1 has only a margin of a few thousand votes between passage and defeat.
Read MoreAnticipated State Budget Deficit Worsens
A new Legislative Analyst Office (LAO) report shows tax revenue falling well below projections. The agency projects a new California budget deficit of $78 billion.
The deficit will likely cause the state to dive into reserve funds and cut spending at a level not seen since the Great Recession.
Your Guide to the March 5th Primary Election
With the March Primary Election less than a month away, this is a voter’s guide to provide information on what will be on your ballot.
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