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CBPA 2024 Election Update

   Filed under: Legislative News: California

2024 Election Update

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.

The main takeaways from this election are twofold. First, CBPA’s investment in propositions saw complete success: CBPA went 4 for 4, with every supported initiative passing. Of particular note, Proposition 36 (Retail Theft), a top priority for CBPA, passed with an overwhelming majority. Read CBPA's full election update.

Resources On New Legislation Signed Into Law

The 2024 legislative session led to numerous new laws impacting the commercial real estate industry. CBPA has created fact sheets to help keep you informed on new laws. These legislative summaries include: 

  • AB 98 - Warehouse Development Restrictions
  • SB 1103 - Commercial Lease Mandates
  • AB 2364 - Janitorial Regulations
  • AB 2904 - Industry Sponsored Zoning Notice Bill 
  • And more! 

While these summaries outline the significant provisions and implications of the new laws, it is not intended to serve as legal advice. Members are encouraged to consult with legal counsel for specific guidance on compliance on new laws. More Info.

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