CBPA's California Legislative Update for 10/12/18
In This Update:
- THREE WEEKS TO GO!
- SUPPORT PROP 3 – WATER BOND
- SUPPORT PROP 5 – PROPERTY TAX TRANSFERS
- OPPOSE PROP 10 – RENT CONTROL
- CBPA 2018/2019 CALENDARS
THREE WEEKS TO GO!
In just over three weeks Californian’s will go to the polls to vote for new representation and weigh in on important policy questions up and down the ballot. Vote by Mail packets are already in the mail.
Our association makes recommendations on those issues that have a statewide direct and/or disproportionate impact on the commercial, industrial, and retail real estate industry.
For recommendations on local candidates and issues please connect with your local staff.
SUPPORT PROP 3 – WATER BOND
Proposition 3 authorizes $8.9 billion in state general obligation bonds for various infrastructure projects related to water projects.
Please vote YES on Proposition 3.
SUPPORT PROP 5 – PROPERTY TAX TRANSFERS
Proposition 5 would allow homebuyers who are age 55 or older or severely disabled to transfer their tax assessments from their prior home to their new home.
Please vote YES on Proposition 5.
OPPOSE PROP 10 – RENT CONTROL
Proposition 10 repeals Costa-Hawkins Rental Housing Act and would allow rent control across the state. We believe the measure has too many flaws and must be defeated. Prop. 10 allows regulation of single-family homes, places bureaucrats in charge of housing, could cost the taxpayers millions in new costs to local government, and drives up the cost of new housing.
Please vote NO on Proposition 10.
CBPA 2018/2019 CALENDARS
2018
October 25, 2018 Industry Awards Dinner & Board Meeting The Renaissance Newport Beach Hotel, Newport, CA
2019
February 20, 2019 CBPA Winter Board Meeting CalChamber, Sacramento
March 28, 2019 CBPA Industrywide Leg Meeting
June 11 – 12, 2019 California Commercial Real Estate Summit Sacramento
December 5 – 6, 2019 Strategic Issues Conference Napa Valley
Please feel free to contact Melissa Stevens at mstevens@cbpa.com should you have any questions or require additional information about our events.
