CA PROPOSES RECORD SPENDING ON SCHOOLS

Posted: February 8, 2020 | Posted by Crystal Whitfield | No Comments
In his budget proposal for the 2020-21 fiscal year, Governor Gavin Newsom proposes record-high spending of $77.1 billion on K-12 schools and higher education, a 75 percent increase from the $43.9 billion spent in 2011-12. The Governor noted that per-pupil spending has increased more than $7,200 since 2011-12, with the state planning to spend $17,964 per student in 2020-21 with revenue from existing taxes. California’s K-12 education and higher education would account for 50.4 percent of the state’s ...

NEW YEAR – NEW JOB KILLERS

Posted: February 8, 2020 | Posted by Crystal Whitfield | No Comments
As proud members of the California Chamber of Commerce, we work closely with the organization on bills that impact our members.  Each year we provide input on both the Job Killer and Job Creator lists. Job Killers represent the worst-of-the-worse ideas that will harm the state’s economy and shrink employment.  Already in 2020 two bills have been tagged as Job Killers, and one bill is left over from last year: SB 850 (Leyva; D-Chino) Work Hours: Scheduling – The bill requires an employer, ...

LLC – BROKER BILL PASSES ASSEMBLY

Posted: February 8, 2020 | Posted by Crystal Whitfield | No Comments
  On a bipartisan 56-0 vote, AB 687 (Daly; D-Anaheim) passed the California State Assembly.  This bill will allow real estate brokers to incorporate as a limited liability company (LLC), in addition to a C or S corporation. This is a measure that our industry has been pursuing for years, and the Department of Real Estate notes there is pent-up demand for this change in law, estimating more than 30,000 brokers would seek to incorporate as an LLC, which has become commonplace since first being ...

COMMUNITY AIR PROTECTION PROGRAM INPUT SOUGHT

Posted: February 8, 2020 | Posted by Crystal Whitfield | No Comments
Assembly Bill 617 signed into law in 2017, directs the California Air Resources Board to establish the Community Air Protection Program.  The program a community-focused action to reduce air pollution and improve public health in communities that experience disproportionate burdens from exposure to air pollutants. On September 27, 2018, the Board selected ten communities for the first year of this program to implement community emissions reduction programs, community air monitoring, or both. At ...

NEWSFLASH: COURT HALTS CONTROVERSIAL ARBITRATION LAW

Posted: January 31, 2020 | Posted by Crystal Whitfield | No Comments
Business groups today are hailing a ruling in the case against California’s new law banning employers from requiring arbitration agreements as a condition of employment. In the case, United States District Court Judge Kimberly J. Mueller ruled: “having carefully considered all relevant briefing, including supplemental briefing, the court GRANTS plaintiffs’ motion for a preliminary injunction in full. In the coming days the court will explain its reasoning in a detailed, written order.” The ...

LLC – BROKER BILL PASSES ASSEMBLY

Posted: January 31, 2020 | Posted by Crystal Whitfield | No Comments
On a bipartisan 56-0 vote, AB 687 (Daly; D-Anaheim) passed the California State Assembly.  This bill will allow real estate brokers to incorporate as a limited liability company (LLC), in addition to a C or S corporation. This is a measure that our industry has been pursuing for years, and the Department of Real Estate notes there is pent-up demand for this change in law, estimating more than 30,000 brokers would seek to incorporate as an LLC, which has become commonplace since first being introduced. AB ...

BALLOT MEASURE CHALLENGING AB 5 GAINS MOMENTUM

Posted: January 31, 2020 | Posted by Crystal Whitfield | No Comments
California’s new law, AB 5, attempting to clarify the Dynamex Court ruling has been drawing lots of complaints for having a variety of unintended consequences.  Our industry worked hard to clarify that Real Estate Brokers were not included in the law, however another major issue we had was that the bill was not clear in how it impacted business-to-business contracts between two incorporated entities and are seeking to clarify that issue further in clean up legislation this year. However, there ...

HOUSING DENSITY BILL FAILS – TWICE

Posted: January 31, 2020 | Posted by Crystal Whitfield | No Comments
A measure that has made lots of headlines over the past year, that would set aside some local ordinances to clear the way for more dense housing near transit corridors, failed twice this week in two votes on the Senate Floor. SB 50 (Weiner; D-San Francisco) attempts to help break the housing logjam in the state by overriding local zoning rules to encourage apartment construction in cities and counties.  It needed 21 votes and only was able to muster 18, in the Democrat-dominated State Senate. In ...

COMMUNITY AIR PROTECTION PROGRAM INPUT SOUGHT

Posted: January 31, 2020 | Posted by Crystal Whitfield | No Comments
Assembly Bill 617 signed into law in 2017, directs the California Air Resources Board to establish the Community Air Protection Program.  The program a community-focused action to reduce air pollution and improve public health in communities that experience disproportionate burdens from exposure to air pollutants. On September 27, 2018, the Board selected ten communities for the first year of this program to implement community emissions reduction programs, community air monitoring, or both. At ...

LLC – BROKER BILL PASSES COMMITTEE UNANIMOUSLY

Posted: January 24, 2020 | Posted by Crystal Whitfield | No Comments
After years of trying, and months of negotiations with interested stakeholders, we are pleased to report that our sponsored bill, AB 687 (Daly; D-Anaheim) to allow limited liability companies (LLC) to operate as a real estate broker has moved through the Assembly Judiciary Committee and, yesterday, the Appropriations Committee, on bipartisan votes. Real estate broker licensing was not extended to LLCs when other types of licensing were extended to LLCs over 20 years ago because at that time our industry ...
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