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Agenda - Legislative Committee

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Thursday, January 24, 2013
3:30 - 5:15 pm
Convention Center, Monterey, CA

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.

Geoff McIntosh, Chair
Greg Galli, Vice Chair
Art Nellison, Vice Chair

Ted Loring, Executive Committee
Virginia Butler, Executive Committee

Stan Wieg

I. Introduction and Welcome - Geoff McIntosh, Chair

II. Political and Legislative Update

A. Member mobilization
B. Overview of Legislative Climate

III. Action and Reporting Items: Reports of Policy Committees

A. Housing - Homeownership - Sandy Darling, Chair
B. Housing - Rental - Jay Avirom, Chair
C. Land Use and Environmental - Peter Morris, Chair
D. Taxation and Government Finance - Ha Alpert, Chair
E. Transactions and Regulatory - Dennis Badagliacco, Chair

V. Special Report of Task Force on Ethics and Professionalism* - Jim Hamilton, Chair

VI. Reporting Item: C.A.R. Sponsored legislation - 2013

A.   SB 30 (R. Calderon) Debt Forgiveness Income Tax - The federal government enacted the Mortgage Debt Relief Act of 2007 that created mortgage debt relief by relieving borrowers from income tax liability on debt forgiven in a “short” sale. In late 2008 the federal government extended this relief through December 31, 2012. On December 31, 2012, Congress passed budget solutions in an attempt to avoid the "fiscal cliff." Included in this measure was an extension of the income debt forgiveness sunset date to January 1, 2014. C.A.R. is sponsoring SB 30, which will extend the sunset date in California law to January 1, 2014.

B. Retention of DRE Staff - In 2012 Governor Jerry Brown introduced and passed a government reorganization plan which, among other things, moved the Department of Real Estate (DRE) to Consumer Services Agency, effective July 1, 2013, under the Department of Consumer Affairs (DCA). C.A.R. initially opposed this measure out of concern that DRE would:

1)  lose its regulatory, enforcement and legal staff; 
2)  forfeit its operating reserves to the General Fund; and
3)  lose some measure of its influence in government. C.A.R. moved to a support position after reviewing the terms of the proposed legislation with the administration, confirming that the DRE will: retain its regulatory, enforcement and legal staff; maintain its fiscal independence; and, maintain its influence with the retention of a "Commissioner" as opposed to a Bureau Chief. C.A.R. will SPONSOR legislation making clear in the law that DRE is to retain its regulatory, enforcement and legal staff. 

C. Notice of Regulatory Actions - C.A.R. will SPONSOR legislation to promote transparency in the regulatory notice process. Current law already requires regulatory bodies to post meeting notices and public reports on their individual websites. This bill will additionally require state agencies, boards and commissions to publish meeting notices in a single location to promote transparency and streamline costs to the state. Specifically, this bill requires state agencies, boards and commissions to post information related to informational hearings, workshops, scoping hearings, preliminary meetings, public and stakeholder outreach meetings, 15-day comment period notices and website links to public reports at least 15 days prior to any scheduled meeting in the California Regulatory Notice Register.

VII. Other Business

VIII. Adjournment