Tomorrow is the deadline for bills to pass out of the house of origin and both houses have already adjourned for the week. Here’s a brief update on housing bills:

  • All of CHC’s sponsored bills have advanced to the Senate with unanimous support in the Assembly:
  • AB 1482 (Chiu), which would prohibit annual rent increases of more than CPI +7%, passed the Assembly last night 43-31. Its companion bill, AB 1481 (Bonta and Grayson), which would require just cause for evictions after 12 months of tenancy, did not meet the deadline and is now a 2-year bill. The CA Association of Realtors went neutral on both bills after the authors accepted amendments that would establish a sunset date of 2023 and exempt small property owners with 10 or fewer single-family detached homes.
  • ACA 1 (Aguiar-Curry), which would lower the vote threshold on local housing and infrastructure bonds, is not subject to any deadlines and is likely to be heard on the Assembly floor next month.
  • SB 5 (Beall), which would allow local agencies to reduce contributions of local property tax revenue to schools (up to $200m each year and backfilled by the state) to build affordable housing and related infrastructure, passed the Senate 31-4.
  • SB 50 (Wiener) was held in the Senate Appropriations committee and is now a 2-year bill.