At its Board of Directors meeting earlier this week, California Business Properties Association leadership discussed a broad range of topics impacting the commercial real estate industry and voted to take positions on several statewide ballot measures this Fall.
Under a 2011 law signed by Governor Brown, proposals submitted by the public only appear on the November ballot, along with General Election votes. There are currently over a dozen measures attempting to make it on that ballot, including a Split Roll Property tax measure that has just been cleared to begin the signature gathering process. On the June Ballot measures placed by the Legislature along with primary votes for elected offices will take place.
As a principle member of CBPA, BOMA California holds three seats on the CBPA Board of Directors and participates directly in these industrywide decisions and positions. However, BOMA California has not yet taken a formal position on any ballot measure or candidates, though we expect that to happen in the early-Spring.
To follow are some of the significant actions taken by the Board, which has previously taken an oppose position to the Split Roll Property Tax initiative that is about to start gathering signatures.
