January 9, 2018

Legislative

jacob-hilton-228976

Legislative Updates as of November 7, 2018

  • Action Required: California Expands the Use of Defibrillators in Buildings
  • Effective January 1, 2020, California Senate Bill 1397will require certain buildings constructed prior to January 1, 2017, must have a defibrillator under certain circumstances.
  • California building owners and operators should take note of the new requirements affecting office, industrial, and retail buildings, as well as certain residential buildings such as hotels and motels. Apartment buildings and condominiums, however, are excluded from these requirements.
  • Landlords should carefully review their leases to determine how the responsibility for compliance with new laws is allocated in connection with any improvements to the property. Depending on the provisions in the tenant’s lease, the tenant may be responsible for any costs associated with the defibrillator requirement.
  • READ MORE
  • Related Services: Real EstateReal Estate Disputes

 

 

Legislative Updates as of October 16th, 2018

  • On behalf of Rex Hime and the CBPA Board this is to let you know that yesterday Secretary of State Alex Padilla announced that the initiative to dismantle Proposition 13 by creating a split roll is qualified and eligible for the November 2020 ballot.Under the proposal, all business properties will be reassessed to 2020 values and will be reassessed every three years thereafter.  Commercial property will lose any certainty and one can only imagine the impact and cost to long time property owners.

    The proponents of this effort believe it’s a $12 billion tax grab from your properties.

    The Legislative Analyst’s office has warned that the switch would introduce far more volatility into the state’s funding stream.

    We will continue to work closely with allied business and taxpayer groups on the statewide strategy to defeat this measure.  Our industry has been preparing for this moment for some time.

 

Legislative Updates as of September 19th, 2018

  • Earlier this week a group of labor unions, progressive activists, and community action groups that have been advocating for gutting Proposition 13 and creating a split-roll property tax by ending the protections and certainty for commercial property, submitted signatures to place the initiative before voters on the November 2020 ballot.Every commercial real estate organization has at some point over the last 30 years taken a position in opposition to Split Roll Taxation – nothing in this measure changes that stance.The measure itself is very clear in its actions:
    1. Bring all commercial properties to a new assessed 2020 value that becomes the new    base year for taxation.
    2. Require that all commercial property be reassessed every three years thereafter.
    3. Establishes an exemption for properties valued at less than $1million – however this is a specious exemption because as the property is reassessed every three years eventually it will lose that exemption
    4. The measure removes all the tax protections provided by Proposition 13.
    5. Ends the treating of all property the same for taxation purposes for the first time in California’s history.

    Some media members and others in the community or business associates may be reaching out to you as local commercial real estate leaders for comments and thoughts on the proposal. CBPA would like to offer a few recommendations for stances and opinions.

    First and foremost, know that you are not required to talk to the media. If you do want to talk to them, you can direct inquiries to me at CBPA – 916-443-4676 or rexhime@cbpa.com

    If you chose to speak with the press it is important to stay on message and not get involved in a debate with the press.

    *Simply say we are taking a strong opposed position against any proposed split roll tax initiative. The proponents have said it will create $10 Billion dollars in new taxes.

    *Studies have shown it will have a negative impact on values, put many small businesses and tenants out of business. It will cost jobs and impact negatively the overall economy of California.

    Feel free to visit our current campaign website for information: http://www.stophigherpropertytaxes.org/

 

Legislative Updates as of June 11, 2018

Legislative Updates as of April 6, 2018

The proponents of the split roll campaign have reduced the money they are paying for signatures and have announced that they plan to put the measure on the November 2020 ballot instead of the November 2018! While this is good news it means that the threat is indeed real and the 2020 ballot is not necessarily a good one for us – as you recall Hillary Clinton carried California by a 4 million vote margin. We will be updating you with more information but wanted to give you this heads up immediately.

Legislative Updates as of March 23, 2018

Legislative Updates as of March 13, 2018

The IREM In-district Meeting period is right around the corner! From March 26 – April 6, your U.S. Senators and Representative will be back in their home districts to meet with constituents, so now is the time to schedule your meetings.

If you have already scheduled a meeting, please remember to submit your meeting details as soon as possible.

How to Get Started

  • Know Your Federal Legislators. Not sure who to contact? Click here to find your Federal Elected Officials and their contact information.

 

  • Request a Meeting. Call your legislator’s district office to request a meeting and ask for the scheduler’s email. Feel free to use this template letter when submitting a written request.

 

  • Tell Us About It. As you make your appointments, submit your meeting details to us! Don’t worry if the meeting isn’t finalized, you can resubmit information at a later date.

 

  • Be Prepared. Make sure your meeting is a success. Prepare yourself by reading the IREM Issue brief. Also, you can help the legislators and their staff prepare by sending the IREM Fact Sheets in advance.

Legislative Updates as of February 12,2018

Legislative Updates as of February 9, 2018

  • Update: Rent Controll Bills in Washington State
    Residential – IREM, Rent Control 

WA House Bill 2583 (HB 2583) and WA Senate Bill 6400 (SB 6400), concerning local authority to address affordable housing needs through regulation of rent and associated charges, were introduced early in the 2018 session. These bills would permit local cities and counties to allow rent control on rented/leased residential properties as they see fit and would repeal the 1981 state preemption against rent control.

Hearings on both bills were conducted in their respective Committees and there was an abundant amount of testimony supporting and opposing the legislation. Proponents of the bill argued that it would give more affordable housing to low income tenants especially those living in the Seattle area. Supporters also spoke of the need to keep affordable housing in Seattle and rent control was one of the tools in the “tool box” to allow low income tenants to live, work and retire in Seattle.

However, Christy Mays, Legislative Chair for Western Washington and other IREM members testified against the legislation. IREM members from Oregon even attended the hearings in opposition to the rent control bills.

Neither of these bills were voted out of committee therefore, they are dead for the 2018 session unless they are amended onto another bill or placed into the budget, which is highly unlikely.

However, there is talk of reintroducing the legislation in 2019, when there may be greater support in the state legislature.

IREM will continue to work with the Washington chapter and Public Affairs

 

 

 

 

 

 

Legislative Updates as of January 10, 2018