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
Taxpayer Protection Act
The Taxpayer and Protection Act qualified for the 2024 ballot and it will give voters the final say on all new and higher taxes as well as create strong accountability and transparency on hidden taxes and fees that have driven up the cost of living for families. According to the authors, some of the Taxpayer Protection and Government Accountability Act's key
New State Bills – An Update From the Desk of Matthew Hargrove
This new Legislature blew past historical records over recent past and introduced more bills than we have seen in a long time. Typically, we see about 2,100-2,400 bills introduced every year – in 2023 we now have 1,751 Assembly Bills and 881 Senate Bills, for a total of 2,632 bills, a 16% increase over the
State Update: Lawsuit – Business vs. FPPC SB 1439
Lawsuit: Business vs. FPPC SB 1439 SB 1439 by Senator Steven Glazer D-Orinda was signed into law last year by Governor Gavin Newsom. It took effect in January and made a number of changes to the “Levine Act,” which is a part of the Political Reform Act. What to know about SB 1439:
End of Session Update
On September 30, the Governor's deadline to sign or veto measures passed by the Legislature (note, the Legislature had until August 31 to send bills to the Governor. Below, find a short list of priority bills that the California Business Property Association, of which NAIOP Silicon Valley is a member of, worked on
Takeaways from the Western Regional NAIOP Conference
The Western Regional NAIOP Conference took place on October 19 and 20 percent of the Western Regional NAIOP members were in attendance. Edesa Bitbadal attended on behalf of NAIOP Silicon Valley represented our organization. The event was the first of its kind to gather policy issues that are important to the members and