CAR Legislative Update

Published: April 23, 2007

<table cellspacing="0" cellpadding="0" width="600" border="0"><tbody><tr><td colspan="2"><p><b>UPDATE ON C.A.R. SPONSORED LEGISLATION</b><br /><strong>C.A.R. sponsored bill AB 670 (Correa) Private Transfer Tax</strong> legislation that will stop the future imposition of private transfer taxes, was scheduled to be voted on Tuesday, April 17, by the Senate Transportation and Housing Committee. On Monday, April 16, the &quot;Los Angeles Times&quot; became the latest newspaper to publish an editorial supporting SB 670. Calling private transfer taxes a &quot;costly clause&quot; the Times said, &quot;State lawmakers should put an end to a perpetual fee that can snowball each time a property is sold.&quot; Senator Correa and C.A.R., in deference to Senator Lowenthal, chair of the committee, agreed to postpone the hearing on the bill to allow adequate time to review amendments suggested in the committee analysis.<br /><br /><strong>C.A.R. is the sponsor of AB 1366 (Portantino) Housing Impact Statement Requirement for Local Land Use Decisions</strong> was heard in the Assembly Local Government Committee on April 18. The bill passed and is now scheduled to be heard on April 25, in Housing and Community Development. This bill is intended to help generate more focus by local jurisdictions on the regional implications of housing-related decisions. REALTORS® have reported numerous experiences with zoning, planning, and permit decisions that do not adequately examine regional considerations. The present annual Housing Element Report which local agencies must submit to the Department of Housing and Community Development (HCD) does not require inclusion of information regarding the actions planned to meet regional housing needs. AB 1366 proposes to such a requirement. It mandates that if regional housing needs have not been met, a &quot;plan of action&quot; with estimated completion dates must be included in the annual report. It is hoped that such increased focus on regional coordination will foster new programs of recognition and reward mechanisms related to positive regional housing decision-making by local agencies throughout the state.<br /><br /><strong>C.A.R. is the sponsor of SB 343 (Negrete McLeod) Housing Project Application Pre-Hearing Availability of Staff Reports</strong> was heard in the Senate Local Government Committee on April 18 and granted reconsideration on April 25, 2007. Many local governments direct their staff to prepare reports concerning pending actions impacting the citizens of the municipality. Current law does not require that these reports be made available to an &quot;applicant&quot; or the public in advance of the hearing or meeting where the application or request for action is scheduled to be reviewed by the local legislative body. Existing law also requires agendas to be made available not less than 72 hours prior to the scheduled public meeting. SB 343 amends the Brown Act to provide that no action or discussion by a local legislative body on an item listed on its regular meeting agenda can be undertaken unless the analysis related to the agenda item has been made available to the public no later than the date the agency posts the agenda.<br /><br /><strong>OTHER LEGISLATION UPDATE</strong><br /><br /><strong>C.A.R. OPPOSES SB464 (Kuehl) Required Operating Time for Privately Owned Rental Property</strong> is scheduled to be heard on Monday, April 23, in the Senate Appropriation Committee. As early as, next Thursday, April 26, the bill could be heard on the Senate floor.<br /><br /><strong>BACKGROUND:</strong> Existing law prohibits any public entity from taking any action that would force owners of residential rental property to continue to offer their property for rent or lease. SB 464 would grant local governments the authority to require landlords of all rental property, including single family dwellings, to stay in the rental business for a minimum of 5 years after the purchase of that rental property. Furthermore, SB 464 requires that landlords give ALL tenants a one year notice of termination of tenancy if a disabled or a senior citizen that is 62 years of age or older resides within their rental units.<br /><br /><strong>WHY C.A.R. OPPOSES SB 464?</strong> SB 464 discourages investment in rental housing by placing a substantial limitation on a property owner's right to legitimately go out of business. If passed, this measure will negatively impact property values, selling prices and hinder investors' ability to obtain loans on rental property. Finally, this measure creates a biased standard against rental property owners—the law does not require any other business owner to continue operating that business for 5 years after its purchase.<br /><br /><strong>SIGN UP TO BE A LEGISLATIVE LIAISON</strong><br />We need more voices to be heard! As you know, it doesn't take much time, but the benefits are lasting! The key to success for REALTORS® is being informed and active! Please forward this link <a title="" href=""></a> and encourage your fellow REALTORS® to sign up and become a part of the Government Affairs Team!</p></td><td width="40"><img src="" border="0" /></td></tr></tbody></table>

Last modified: April 23, 2007 at 8:31 pm | Originally published: April 23, 2007 at 8:31 pm
Printed: September 24, 2020