Legislative Updates – June 2025
Contact Your Local Assemblymember Today to Oppose AB 380! The California State Assembly is set to vote this week on AB 380 (Gonzalez, D-Los Angeles), which would impose commercial rent control and eviction bans during declared emergencies. This bill presents a major threat to the commercial real estate industry, as it would
Legislative Updates – March 2025
CBPA Challenges New Bill Proposing Commercial Rent Control In Emergencies AB 380 (Gonzalez; D-Los Angeles) would impose strict controls on price increases of essential goods and services, limiting rent increases to 10% in declared emergencies. While well intentioned, AB 380 goes too far by imposing commercial rent control, interfering with private contracts, and
Increase to Measure E Transfer Tax
On June 17, 2024, San Jose Councilmember Omar Torres introduced a memo proposing to increase Measure E transfer taxes. The proposed rates were as follows: ● 4% for properties sold or transferred for more than $5 million. ● 5.5% for properties sold or transferred for more than $10
San Jose Parcel Tax
On March 19, 2024, San Jose City Council directed staff to explore additional funding mechanisms for operations and maintenance of City parks and to explore placing a measure on the November ballot to allow the City to enter long-term retail and commercial leases on City park land. A group
Mountain View Transfer Tax
On May 14, 2024, the Mountain View City Council unanimously voted to draft a Property Transfer Tax revenue measure for the November ballot, aiming to increase the property transfer tax that has remained unchanged since its adoption in 1973. This decision followed the approval of the Fiscal Years 2023-24 and 2024-25 Council Work
Sunnyvale Transfer Tax
In a significant decision that will shape Sunnyvale's future, the City Council has chosen to advance the Sunnyvale Library Measure, effectively shelving the proposed Real Property Transfer Tax. This resolution came after months of discussions, polling, and community feedback, culminating in a unanimous vote on May 21, 2024. Background on the Real Property
Responsible Construction Ordinance
On April 11, 2023, the San Jose City Council directed staff to develop a Responsible Construction Ordinance (RCO) to address wage theft in private construction. While crafting this ordinance, City staff met with representatives from the South Bay Labor Council, Santa Clara County Wage Theft Coalition, Working Partnerships USA, and the Santa Clara and
Mayor Matt Mahan’s Budget Plan
Just over two months after becoming Mayor of San Jose, Matt Mahan has put forward his first budget plan that has a major focus on public safety, homelessness, housing, and blight. It’s a self-proclaimed “back-to-basics” approach that he says will make San Jose a better city for everyone. “New spending really needs to
Elected Officials at the NAIOP SV Brokers Panel
Seven elected officials and their staff attended the 2023 Brokers Panel Luncheon on March 9th! It was a packed house with a team of experts discussing the state of the economy for leasing in the Bay Area. With moderator Ani Vartanian Boladian and our panelists Paul McManus, Kelly Yoder, Matt Taylor and Randy Scott