NAIOP San Francisco Bay Area (SFBA) had an impactful week in Washington, D.C., at the NAIOP Chapter Leadership & Legislative Retreat. This annual gathering brought together chapter leaders from across the country to exchange ideas, discuss industry trends, and advocate for policies that support commercial real estate.
NAIOP SFBA is sharing this CBPA Weekly Update to keep our members informed on legislative and industry developments affecting commercial real estate.
Stay up to date on key policy changes, advocacy efforts, and upcoming events. Read the full update here
LA Fires: Bill Introduced to Address Insurance Challenges
CBPA is actively working to support AB 226(Calderon; D-Whittier), which will strengthen the California FAIR Plan and bring stability to the state's property insurance market. This legislation addresses mounting challenges impacting homeowners and businesses throughout California.
Second Wave Support Donation
Our partners at BOMA Greater Los Angeles have launched the Second Wave Support Donation Drive initiative focused on the ongoing needs of fire victims. Learn more below and contact BOMA GLA for more information. Thank you BOMA GLA for your efforts throughout this crisis.
CBPA is NAIOP of California’s state level lobbyist organization. CBPA's PAC achieved substantial success in California's 2024 elections, securing 21 wins out of 27 supported candidates across Assembly and Senate races. This year, CBPA engaged at a higher level with more candidates and issues than ever before, aside from the 2020 campaign against Prop. 15 (Split Roll). This cycle represents the largest financial commitment CBPA has made to support candidates...
Our NAIOP SFBA Issues PAC has also made donations to the following state ballot measures that impact our industry: YES on PROP 36 and NO on PROP 33
CBPA Leads the Charge for Vetoes: Three Detrimental Bills, Three Coalitions, One Goal
While the legislature has wrapped up, CBPA’s work is in full swing. We’re spearheading coalitions to stop three detrimental bills—AB 98, SB 1103, and AB 2364—from becoming law. With over 80 companies and organizations filing individual veto letters alongside ours on AB 98, and more than 25 groups standing strong against SB 1103, our coalitions are making sure vetoes are front and center in the governor’s office. Even with AB 2364 shifting to a study bill, we’re pushing hard with business and biotech leaders to prevent costly mandates from taking hold. The governor has until September 30th to take action on all legislation pending his approval, and we’re working tirelessly to ensure these bills don’t make it into law.
The legislative session ended Saturday evening with a handful of successes and two major blows to the commercial real estate industry. The last-minute gut-and-amend bill AB 98 (Carrillo; D-Palmdale and Reyes; D-San Bernardino), which restricts warehouse development, passed the Legislature despite heavy opposition.. The commercial lease mandate bill SB 1103 (Menjivar; D-Van Nuys) also passed by one vote in each house, despite our industry’s efforts opposing the bill. We will now shift our focus toward advocating for a veto on both bills by Governor Newsom, who will have until September 30th to sign or veto bills.
With 2024 just around the corner, we’re taking a look back at 2023. CBPA’s Annual Report provides an overview of this year’s legislative activities and how your membership dues are utilized to advance the organization and better serve you and your industry. On behalf of the CBPA Board of Directors and staff, we express our sincere gratitude for your continued membership, engagement, and contributions. Your support is vital in ensuring our industry has a strong voice in Sacramento.
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