Valley Center

Valley Center
Good place for down time.

Monday, February 14, 2011

Per the California Apartment Association

CAA’s Legislative Briefing is provided to members to keep them informed of legislation and other regulatory issues that could or will have a direct impact on California’s rental housing industry.



The first bills have been introduced by lawmakers at the State Capitol for the 2011-2012 session. While the final deadline for bill introduction is still two weeks away, we want to give you an initial overview of what’s currently in process for this new legislative session. Bills cannot be heard in committee until 30 days after their introduction. In most cases, these bills will not be set for their first hearings until April. Watch for requests from CAA to write letters of support or opposition on priority bills. We will continue to keep you up to date on these bills as well as additional bills introduced in the coming weeks.

Landlord-Tenant Legislation

AB 265 (D-Ammiano, San Francisco) – Tenancies: Unlawful Detainer – This bill would increase the time of the notice period for a Notice to Pay Rent or Quit from 3 days to 14 days. The negative impacts to the industry are obvious: Delays in rent payments, inability for some rental property owners to meet their own mortgage and expense obligations, and an added delay in evictions, to name a few. CAA will strongly oppose the bill.

Taxation

SCA 5 (D-Simitian, Palo Alto) – Education Taxation, Parcel Taxes – This measure would allow for a parcel tax increase by a school district, community college district, or county offices of education upon the approval of 55 percent of the voters. Current law conditions approval upon a 2/3 vote. CAA opposed identical legislation in the past.

REALTOR® Magazine-Daily News-American Dream of Home Ownership Still Strong

REALTOR® Magazine-Daily News-American Dream of Home Ownership Still Strong