As members of the National Association of REALTORS® and California Association of REALTORS®, REALTORS® have benefit of belonging to the largest trade associations dedicated to the promotion and preservation of the real estate profession and the property rights of all. It is this commitment that unifies members in the support or opposition of legislation which may affect the real estate industry as a whole, as well as the communities in which we live, work, and play. We invite you to take a closer look at the important legislation currently being sponsored and/or monitored and share any thoughts and/or comments with your REALTOR® or elected representative to be sure your voice is heard.
Californians could vote on as many as five housing measures in November
Governor Jerry Brown’s embrace last week of a $2-billion bond to fund homeless housing could make for an even busier ballot in November.
Should lawmakers agree to put the bond before voters, Californians could see as many as five housing measures on the November ballot.
In addition to the homeless housing plan, backers of initiatives to expand rent control, increase Proposition 13 benefits for homeowners and finance the cleanup of lead paint in homes all say they’ve collected enough signatures to ensure their proposals can make the ballot.
Lawmakers have already agreed to put a $4-billion bond to subsidize new developments for low-income residents and provide home loans for veterans before voters in November.
Source: The Los Angeles Times ... read more. (Article courtesy of California Association of REALTORS®, Market Matters, May 2018)
C.A.R. Sponsored Bills 2017-2018
(Status as of 4/30/2018)
- AB 448 (Daly) Parcel Tax Vote Notification - This measure is a follow up to C.A.R.-sponsored AB 2476 (Daly) which required that a postcard notice be sent to property owners who reside outside of the jurisdiction after the approval of a parcel tax by the voters. This measure would require the notice to be mailed within 30 days of certification of the election results. (Status: Senate Governance and Finance Committee)
- AB 943 (Santiago) Land Use Regulation: Voter Approval - In recent years, NIMBYs and environmental interests have increasingly used ballot measures to threaten development. Under current law, it takes a simple majority to prohibit or delay the construction of vitally needed housing units. C.A.R. is co-sponsoring legislation with the California Apartment Association, which requires 55% of voter approval to enact local ordinances seeking to curb, delay, deter growth or development within cities with populations exceeding 750,000 people. (Status: Senate Appropriations Suspense File)
- AB 1289 (Arambula) and AB 2884 (Irwin) Real Estate Law Cleanup - In 2016, C.A.R. successfully sponsored AB 685 (Irwin), which made some necessary technical corrections to the Real Estate Law including changing outdated terminology. These measures make additional changes in the Real Estate Law to update the law and conform it to current practice and terminology. (Status: AB 1289 – Senate Judiciary Committee; AB 2884 – Assembly Appropriations Committee)
- AB 2458 (Weber) Parcel Tax Exemption Notification: Senior and Disabled Property Owners - Existing law allows for the imposition of parcel taxes, which are special taxes assessed on individual pieces of property, to fund, among other things, education. Under current law, school districts may exempt seniors and severely disabled individuals, who are typically on fixed incomes, from paying parcel taxes. Unfortunately, many senior and severely disabled homeowners are unable to find information on how to apply for a parcel tax exemption. This bill will create a simple process for such homeowners to find information on how to apply for a parcel tax exemption. (Status: Assembly Floor)
- AB 2631 (Travis Allen) Expedited Permitting: Infill Housing - Under current law, local governments not meeting their regional housing needs assessment numbers are required to approve multifamily housing projects by-right. This bill seeks to expand by-right approvals of multifamily housing projects to include all projects of 25 units or less, near transit stops, and built for low to moderate income residents. Due to concerns on the bill, AB 2631 was removed from consideration this year. C.A.R. is seeking to possibly achieve its objective by re-introducing this bill in the future. (Status: Assembly Local Government Committee)
- AB 2903 (Irwin) Affordable Owner-Occupied Workforce Housing: Definition - Currently, there is no uniformly used definition in state law for “affordable owner-occupied workforce housing” or “affordable workforce housing.” C.A.R. is sponsoring legislation in 2018 to statutorily define these two terms as housing for households earning up to 120% AMI, and will allow for consideration of a higher AMI for “high-cost areas.” This bill will not be moving forward this year, C.A.R. is seeking other possible solutions to this measure including re-introducing this bill in the future. (Status: Assembly Housing and Community Development Committee)
- AB 3041 (Cunningham) Private Transfer Fee Ban - PTFs are fees imposed by a seller requiring the buyer and any subsequent purchaser to pay a fee upon the transfer. For Fannie Mae and Freddie Mac backed mortgages, the Federal Housing Administration (FHA) and the Federal Housing Finance Agency (FHFA) require that the funds generated by PTFs provide a “direct benefit” to the encumbered property. This bill seeks to prohibit private transfer fees that do not comply with these requirements. (Status: Assembly Judiciary Committee)
- SB 348 (Leyva) Ballot Pamphlet Notification: Challenging New Taxes - Current law allows taxpayers to challenge new taxes typically within 60 days of approval by voters. However, most taxpayers are unaware of the time restrictions imposed on their ability to challenge new taxes. This bill requires the ballot pamphlet notify voters that new taxes can only be challenged within 60 days of voter approval. (Status: Assembly Local Government Committee)