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2024 California Legislation Session Recap
The legislative session ended Saturday, August 31st with a handful of successes and two major blows to the commercial real estate industry. The last-minute gut-and-amend bill AB 98 (Carrillo; D-Palmdale and Reyes; D-San Bernardino), which restricts warehouse development, passed the Legislature despite heavy opposition. The commercial lease mandate bill SB 1103 (Menjivar; D-Van Nuys) also passed by one vote in each house, despite our industry's efforts opposing the bill. We will now shift our focus toward advocating for a veto on both bills by Governor Newsom, who will have until September 30th to sign or veto bills.
For a full recap, check out here.Additional Advocacy Resources are available online too.
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