TMD/BID REFORMS

Helped pass AB 483 (Ting-D), signed into law by Governor Brown.  This bill protects Business Improvement Districts (BIDs) and Tourism Marketing Districts (TMDs) from an ambiguity in Prop 26, which created legal uncertainty over these districts’ ability to privately fund marketing and promotional activities.  It clarifies that any incidental benefit to a business does not violate the law.

© 2007-2012 Building Owners and Managers Association of California (BOMA Cal)