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Legislative Highlights for CA and SF - October 2020
The NAIOP SFBA Government Affairs Committee (GAC) has put together the following update for our members to stay informed about California State and San Francisco Bay Area local legislation. In addition to our Chapter's ongoing relationship with CBPA, which tracks legislation at the State level, New Deal Advisers teams with us to monitor and report on local Bay Area policies that affect commercial real estate.
CBPA's California Legislative Update 10/16/2020
- 19 DAYS TO GO! DONATE TO DEFEAT SPLIT ROLL PROPERTY TAX
- LATEST NO ON PROPOSITION 15 AD
- TOM STEYER JOINS FACEBOOK TO PUSH PROP 15
- LA TIMES SHREDS PROP 15
- WSJ: A BALLOT MEASURE WOULD REPEAL THE BUSINESS HALF OF LEGENDARY PROP. 13
- REX HIME: FUTURE IS BRIGHTER WITHOUT PROP 15
- PROPOSITIONS IN NOVEMBER
- CBPA 2020/2021 CALENDARS
CBPA's California Legislative Update 10/09/2020
- PROPOSITIONS IN NOVEMBER
- TENANT AND LANDLORD RESOURCES WEBSITE
- SBA PROPOSES SMALL BUSINESS SIZE STANDARD REVISIONS
- PRIORITY BILLS SIGNED BY THE GOVERNOR
- PRIORITY BILLS VETOED BY THE GOVERNOR
- AGENCIES CONSIDERING UPDATE TO EV CHARGING REGULATIONS
- CBPA 2020 CALENDAR
CBPA's California Legislative Update 10/05/2020
- PROP 15: “NO. 1 TARGET ON THE BALLOT MAY BE A CLOSE CALL”
- ENERGY EFFICIENCY BILL INTRODUCED IN CONGRESS
- PRIORITY BILLS SIGNED BY THE GOVERNOR
- PRIORITY BILLS VETOED BY THE GOVERNOR
- AGENCIES CONSIDERING UPDATE TO EV CHARGING REGULATIONS
- ENERGY COMMISSION WORKSHOP ON PROPOSED COMMERCIAL SOLAR MANDATE
- CBPA 2020 CALENDAR
NAIOP San Francisco Opposes Prop i in San Francisco
Join NAIOP SFBA in taking action and oppose Prop I, the proposed increase to the San Francisco City real estate transfer tax on the November 2020 ballot.
- Increases transfer tax from 2.75% to 5.5% on property valued at $10 - $25M
- Increases tax rate from 3% to 6% on property valued at >$25M
- Directs tax revenue toward a general fund held by the City
Example of potential impact on San Francisco office building valued > $25M:
- Average office building price per square foot is approx. $800-$1,000/SF
- New additional transfer tax levy would be approx. $24-$30/SF
CBPA's California Legislative Update 9/25/2020
- DISTORTIONS AND OUTRIGHT LIES CALL SPOKESPERSON’S VERACITY INTO QUESTION
- GOVERNOR EXTENDS ABILITY FOR LOCAL COMMERCIAL EVICTION MORATORIUMS
- GOVERNOR EXECUTIVE ORDER PHASES OUT NEW GASOLINE CARS BY 2035
- AGENCIES CONSIDERING UPDATE TO EV CHARGING REGULATIONS
- ENERGY COMMISSION WORKSHOP ON PROPOSED COMMERCIAL SOLAR MANDATE
- BILLS AWAITING GOVERNOR’S ACTION
- CBPA 2020 CALENDAR
Who Took Home the Coveted Golden Shovel at the 31st Annual Real Estate Challenge?
The Real Estate Challenge, NAIOP SFBA’s version of the Big Game, is a real estate development competition between legendary rivals Stanford University and the University of California, Berkeley (Cal). The unique program is designed to give graduate students hands-on experience in real estate development. Teams are charged with devising and successfully pitching a solution to a complex real-world real estate problem. Participants embark on an intensive ten-week journey in which they engage with a large number of project sponsor representatives and city officials as well as real estate industry professionals for guidance and mentoring along the way. The COVID-19 pandemic raised the bar even higher on this year’s competition necessitating all presentations be conducted online.
Recap of the Zoom-In Webinar: How Will Prop 15 Impact California Commercial Real Estate
NAIOP SFBA hosted an extremely important Zoom-In Webinar: How Will Prop 15 Impact California Commercial Real Estate, on Thursday, September 17th. The program featured Rex Hime, President and CEO of the California Business Properties Association (CBPA) which provides legislative advocacy for NAIOP in Sacramento. Hime explained the impact of Prop 15 which, if passed, will remove Prop 13’s property tax protection and will result in the largest property tax increase in history. He also provided an update on the work of the No On Prop 15 Campaign, a diverse bi-partisan coalition, and urged NAIOP members to get involved, NoOnProp15.org.
CBPA's California Legislative Update 9/18/2020
- POLL SHOWS SPLIT ROLL SLIPPING BUT STILL WITH A MAJORITY
- MORE ON PPIC POLL; WHAT IS SAYS ABOUT PROP 15 SPLIT ROLL
- COVID SHUTDOWN: MALLS FILE LAWSUIT AGAINST LA COUNTY
- CALCHAMBER STATEMENT ON NEW FAMILY RIGHTS ACT
- NFIB STATEMENT ON NEW FAMILY RIGHTS ACT
- BILLS AWAITING GOVERNOR’S ACTION
- CBPA 2020 CALENDAR
CBPA's California Legislative Update 9/11/2020
- STATEWIDE AND LOCAL EVICTION MORATORIUM
- NO ON PROP 15 - BROAD BASED BIPARTISAN OPPOSITION
- CCDA ACCESSIBILITY CONSTRUCTION INSPECTION CHECKLIST
- TENANTS’ TROUBLES PUT STRESS ON COMMERCIAL REAL ESTATE
- BILLS AWAITING GOVERNOR’S ACTION
- CBPA 2020 CALENDAR
Meet the 2020 Real Estate Challenge Teams
The NAIOP San Francisco Bay Area Real Estate Challenge was established in 1990 by Steve Chamberlin, a local developer and emeritus adjunct professor in real estate at UC Berkeley’s Haas School of Business, to give graduate students hands-on experience in real estate development. Every year teams from University of California, Berkeley and Stanford University Graduate School of Business are assigned a project site and given just 60 days to come up with a development proposal. A select panel of jurors reviews both proposals in detail and chooses a winner after the final team presentations are presented at the annual NAIOP SFBA Real Estate Challenge event.
CBPA's California Legislative Update 9/4/2020
- AND THEY ARE GONE!
- EVICTION MORATORIUM BILL SIGNED INTO LAW
- BILLS AWAITING GOVERNOR’S ACTION
- GOVERNOR ANNOUNCES NEW REOPENING GUIDELINES
- CBPA 2020 CALENDAR