Thursday, May 5, 2011
1:10 p.m. - 2:50 p.m.
Sacramento
Mission Statement: This Committee is a Policy committee. Its mission is to develop C.A.R.'s government finance and taxation policy. It has original jurisdiction to evaluate legislation and regulation in the following issue areas as they relate to real estate:
Commercial Investment
Government Finance
Property Tax
Transaction Tax
Presiding:
Patricia Bouie-Hinds, Chair
Jeff Sposito, Vice-Chair
Issue Chairs:
Hal Alpert, Commercial Investment
Jeannie Anderson, Transaction Tax
Ronna Brand, Property Tax
Bill Nelson, Government Finance
Liaisons:
Mike Riley, C.A.R. Executive Committee Liaison
Dennis Badagliacco, NAR Federal Taxation Committee Representative
Jared Martin, NAR Commercial Committee Representative
CAR Staff:
Christopher Carlisle, Legislative Advocate
Matt Roberts, Federal Government Affairs Manager
I. Welcome and Opening Comments - Patricia Bouie-Hinds, Chair
II. State Taxation Issues
Discussion/Reporting Items:
A. Commercial Investment - Hal Alpert, Issue Chair
1. AB 350 (Solorio) Displaced Property Service Employees
2. AB 448 (Ammiano) Split Roll
3. Other
B. Transaction Tax - Jeannie Anderson, Issue Chair
1. AB 392 (Alejo) Brown Act
2. SCA 7 (Yee) Public Meeting Notification
3. Purchase Price/Sales Commission
4. Other
C. Property Tax - Ronna Brand, Issue Chair
1. AB 75 (Hill) Solicitation Disclosures
2. AB 1090 (Blumenfield) Senior and Disabled Citizens Property Tax Deferment
3. SB 507 (DeSaulnier) Change in Ownership Statement
4. Other
D. Government Finance - Bill Nelson, Issue Chair
1. AB 184 (Swanson) Seismic Safety Improvements
2. AB 935 (Blumenfield) Foreclosure Mitigation Fee
3. SB 653 (Steinberg) Local Tax Authorization
4. SCA 5 (Simitian) Parcel Tax Vote Threshold Reduction
5. Other
III. Federal Taxation Issues
Discussion/Reporting Items:
A. Commercial Investment - Hal Alpert, Issue Chair
1. Lease Accounting Standard
2. Other
B. Transaction Tax - Jeannie Anderson, Issue Chair
1. Private Transfer Fee
2. Other
C. Government Finance - Bill Nelson, Issue Chair
1. Proposed Budget Plans
2. 1099 Small Business Reporting Repeal
3. Other
IV. Other Business
V. Adjournment