What You Need To Know

CCRES Brings Together Commercial Real Estate Leaders To Advocate For Industry

Commercial real estate professionals from across the state gathered in Sacramento on Tuesday and Wednesday to advocate for our industry, connect with lawmakers, and collaborate with peers. This was a critical time of year for our industry to be in Sacramento. Attendees were not only able to advocate on seven bills currently being considered by the full legislature, but were able to fight for Proposition 13 with the last-minute bill introduced and heard on the day of our event.


The event kicked off on Tuesday with a welcome reception with the backdrop of the Capitol building. The evening concluded with various local delegation dinners with legislators present. On Wednesday, attendees gathered for breakfast and opening remarks from CBPA Board Chair Rob Cord and President & CEO Matthew Hargrove. Over the next several hours, dozens of meetings took place with legislators and and attendees before the event concluded with bites and beverages.


The event was a great success with a nearly 50% increase in attendance over last year. CCRES makes a significant impact by putting a face to our industry in Sacramento to further our advocacy efforts and advance our industry’s interests.

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New Bill Aims To Undermine Proposition 13 Protections

Assembly Constitutional Amendment 13 (Ward; D- San Diego and Rivas; D-Salinas), seeks to limit the initiative process by shifting the power to raise the voter threshold for new and higher taxes to the Legislature. ACA 13 will fundamentally change the initiative process by increasing the voter threshold to pass future limits on taxes and fees only for measures put on the ballot by signature gathering, not those put on by the Legislature.


CBPA attended the Assembly Elections Committee Meeting this week to oppose the measure. Our coalition generated so much opposition that the phone lines were overwhelmed. As expected it moved through committee. The bill will next go to the Assembly Appropriations Committee where it will need another majority vote, and then to the Assembly Floor where it will need a two-thirds vote.

ACA13 TEXT

The Strategic Issues Conference brings together business leaders from across the state to increase public policy and political awareness of state and national issues and foster collaborative efforts among all sectors of the California economy.

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AFFILIATED MEMBERS

ICSC - BOMA California - NAIOP California - IREM California - RILA - Nareit - ACRE - AIR CRE