Thursday, October 3, 2012 3:30 - 5:15 pm Marriott Hotel, Anaheim [Please confirm room from convention program]
Mission Statement: The mission of the committee is to monitor and supervise the state implementation of C.A.R. public policy in legislation and regulation; and to evaluate policy recommendations that arise in C.A.R.'s four public policy committees: Transaction and Regulatory, Taxation and Government Finance, Land Use and Environmental, and Housing. The Legislative Committee reports to the Executive Committee and the Board of Directors.
II. Political and Legislative Update a. Member mobilization b. November Election and Legislative Climate
III. Action Item: November Ballot Propositions* Decision is required as to whether the propositions are real estate related; and if so, what position C.A.R. should take on the measure.
November 2012 General election: - Prop. 30 - Governor’s tax proposal - Prop. 31 - Biennial state budget cycle - Prop. 32 - Political fundraising via payroll restriction - Prop. 33 - Auto insurance; continuing customer discounts - Prop. 34 - Death penalty repeal - Prop. 35 - Human trafficking penalties - Prop. 36 - Three strikes law revisions - Prop. 37 - Genetically modified foods labeling - Prop. 38 - Tax to fund education ("Molly Munger" proposition) - Prop. 39 - "Single sales factor" corporate tax rule - Prop. 40 - Redistricting referendum on state senate districts
November 4, 2014 General election - Proposition number to be assigned - Water bond act - Proposition number to be assigned - Health insurance premium approval by California Department of Insurance.
IV. Action and Reporting Items: Reports of Policy Committees A. Housing - John Torres, Chair B. Land Use and Environmental - Sheri Setser, Chair C. Taxation and Government Finance - Ted Loring, Chair D. Transactions and Regulatory - Greg Galli, Chair
V. Reporting Item: C.A.R. Sponsored legislation - 2012** A. AB 1590 (Campos) Assessment Appeals Board - defeated by cost estimates assigned by local government. B. AB 1711 (Galgiani) Burdensome energy conservation retrofit limitations - Goal achieved when energy commission backed away from threatened regulations. C. AB 1718 (Hill) Degree Broker license - Closes loophole in experience requirement for broker license closed; broker applicants must demonstrate 2 years’ experience or a degree in real estate. Signed by Governor, effective 2013. D. AB 1745 (Torres) Dual Track limitation - Prohibits simultaneous foreclosure during course of an approved short sale. Goal of bill accomplished by enactment of similar language in Attorney General's foreclosure procedure bills. E. AB 2225 (Perea) Debt forgiveness tax liability sunset extension - The bill moved through the legislature but did not go to final enactment because Congress has not yet passed the sunset extension to which California will conform.
** Please see included expanded description of the bills in the Legislative Program bill report at
VI. Special Report of Task Force on Ethics and Professionalism – Jim Hamilton, Chair