Weekly E-updates

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BOMA CALIFORNIA Weekly Update- July 2, 2021

Posted: July 2, 2021 | Posted by Crystal Whitfield | No Comments
HAPPY FOURTH OF JULY  What started out as a celebration to mark our young nation’s independence from England more than 200 years ago has evolved into a national holiday that celebrates the American spirit and our nation’s independent and powerful leadership in the World. We were founded by recognizing a person’s inherent rights and responsibilities. We were founded on the principles of equality, religious tolerance, and opportunity. These beliefs have been challenged many times over the years, ...

BOMA CALIFORNIA Weekly Update- June 25, 2021

Posted: June 25, 2021 | Posted by Crystal Whitfield | No Comments
RESIDENTIAL EVICTION MORATORIUM & RENT PAYMENTS The Governor and Legislative Leaders yesterday announced a deal to extend residential eviction protections and pay up to 100% of past rent for some tenants.  The bill will be up for a vote on Monday, and it requires a 2/3 majority. According to a release from the Governor’s office, “The three-party agreement on AB 832 – which extends the current eviction moratorium through September 30, 2021 – will ensure that California quickly uses the ...

BOMA CALIFORNIA Weekly Update: June 11, 2021

Posted: June 11, 2021 | Posted by Crystal Whitfield | No Comments
CCRES WRAP-UP Tuesday afternoon, June 8, we held our online California Commercial Real Estate Summit via Zoom and it was a huge success! Over 100 attendees were able to hear from Lieutenant Governor Eleni Kounalakis, Senate President pro Tempore Toni Adkins, Assembly Speaker Anthony Rendon, the Los Angeles Time’s Sacramento Bureau Chief, John Myers and Senior Attorney for Pacific Legal Foundation, Damien Schiff . CBPA staff gave critical presentations on the AB 255 (Muratsuchi),  energy code, ...

BOMA CALIFORNIA Weekly Update- June 4, 2021

Posted: June 4, 2021 | Posted by Crystal Whitfield | No Comments
FIRST HOUSE DEADLINE 2021 Today marks the halfway point of the 2021 Legislative Session, one that has seen a heavier flow of budget activity, major bills, and fast tracked policy items to address the pandemic. Over 2,700 bills were introduced this year – our industry has been tracking and engaging on more than 500. One of the Capitol’s well-known legislative historians, Chris Micheli reports that 66.3% of the Senate Bills and 49.6% of the Assembly Bills introduced passed their respective Houses. On ...

BOMA CALIFORNIA Weekly Update- May 28, 2021

Posted: June 1, 2021 | Posted by Crystal Whitfield | No Comments
CALIFORNIA COMMERCIAL REAL ESTATE SUMMIT – REGISTER NOW The California Commercial Real Estate Summit (CCRES) will be held from 1:00 pm to 4:00 pm via Zoom on June 8, 2021.  This event is the one time of year that industry leaders from all sectors of the commercial, industrial, and retail real estate industry gather and discuss the issues that impact the way we do business in California.  The summit gives you an opportunity to hear from state-wide elected officials, leaders in the State legislature, ...

BOMA CALIFORNIA Weekly Update- May 21. 2021

Posted: May 21, 2021 | Posted by Crystal Whitfield | No Comments
GOVERNOR APPOINTS – SENATE CONFIRMS – REX HIME TO HISTORIC POST In a historic action in California, CBPA President and CEO Rex S. Hime has been re-appointed to the California Exposition and State Fair Board by Governor Newsom.  Hime has now been appointed by six different California Governors from both political parties (Newsom, Brown, Schwarzenegger, Davis, Wilson, and Reagan) to various positions. Earlier this week the California State Senate approved the appointment on a unanimous vote. “I ...

BOMA CALIFORNIA Weekly Update- April 30, 2021

Posted: May 1, 2021 | Posted by Crystal Whitfield | No Comments
AB 255 – GOOD NEWS! We have some good news to report on AB 255 (Muratsuchi; D-Torrance), a bill we oppose in its current form, dubbed the “COVID-19 Emergency Small Business Eviction and Rent Relief Act.” The bill currently seeks to allow one business in a valid private contract to withhold payments for commercial rent owed.  However, amendments have been crafted by the Assembly Judiciary Committee that are designed to address many of the issues that a coalition of 26 business groups have ...

BOMA CALIFORNIA Weekly Update- April 23, 2021

Posted: April 24, 2021 | Posted by Crystal Whitfield | No Comments
GOVERNOR SEEKS TO PHASE OUT OIL EXTRACTION – DECLARES DROUGHT In a surprise move, and just days after a similar bill was defeated in the Legislature, Governor Newsom directed the Department of Conservation’s Geologic Energy Management (CalGEM) Division to initiate regulatory action to end the issuance of new permits for hydraulic fracturing (“fracking”) by January 2024. And even more disturbing, he requested that the California Air Resources Board (CARB) analyze how to phase out oil extraction ...

BOMA CALIFORNIA Weekly Update- April 9, 2021

Posted: April 10, 2021 | Posted by Crystal Whitfield | No Comments
INDUSTRYWIDE LEGISLATIVE MEETING! Yesterday on Zoom over eighty leaders/experts from the commercial real estate industry gathered to review more than 540 pieces of legislation that may impact your business. Legislators have introduced over 2,400 bills, since January, and all of those bills have been reviewed and analyzed by multiple committees of experts representing owners and/or managers of retail, industrial, office, and mixed-use properties; we also had several lawyer’s expert in environmental ...

BOMA CALIFORNIA Weekly Update- March 26, 2021

Posted: March 26, 2021 | Posted by Crystal Whitfield | No Comments
JOB KILLER LIST RELEASED The California Chamber of Commerce released its preliminary list of “Job Killers” which it uses to call attention to the negative impact that 18 proposed measures would have on California’s job climate and economic recovery if they were to become law. As a proud member of the CalChamber and an allied member of the business coalition, we have the opportunity to provide input to the list and do everything we can to make sure that issues impacting the commercial real estate ...
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