Call to Action: Letters to Oppose AB255
BOMA Cal has requested that members send letters of opposition to their state legislators by the end of next week. Please reach out to the ASSEMBLYMEMBER for the district where you live and/or own/manage significant property. You can look up your Assemblymember here: http://findyourrep.SUGGESTED DRAFT LETTER/EMAIL/PHONE CONVERSATION:
legislature.ca.gov/ . A suggested draft letter/email is in the full story.
NOTE: IT IS BEST IF YOU CUSTOMIZE THIS TO YOUR OWN COMPANY/SITUATION AND USE AN EXAMPLE OF HELPING TENANTS DURING THE PANDEMIC
I am part of the coalition that is asking for amendments to AB 255, a bill that is seeking to address impacts of COVID-19 economic shutdowns by having one company take responsibility for another company, instead of the state acting as the safety net.
The bill is currently on the Assembly floor and we ask that you not let the bill move forward unless it is amended to address concerns stated in the attached coalition letter.
We believe the bill represents inappropriate involvement by the state in a contracted relationship between two private parties. The vast majority of commercial property owners are making reasonable accommodations for their commercial/business tenants.
And for the commercial businesses that are having trouble, there are already numerous state/federal grant/loan/tax credit programs now focused on helping the very businesses targeted in the bill, making it completely unnecessary.
While some individual businesses may benefit from the bill, AB 255 is bad precedent, and will ultimately hurt many companies that have worked with their commercial/business tenants by denying a legitimate business revenue and inducing court proceedings.
Our members would much rather the state remove COVID restrictions, open up the economy and allow businesses to begin rebuilding by serving their customers than distorting the commercial real estate market.
See the press release below showing how the Governor and Legislature are already addressing the issue raised by AB 255, but in a manner we believe makes more sense.
Thank you for taking my views into consideration.