1- Agenda - Legislative Committee
Agenda: Legislative CommitteeThursday, June 7, 2007
1:00 p.m. – 5:00 p.m.
Magnolia Room, Sheraton Hotel
Sacramento, CaliforniaPresiding:
Stephen Goddard, Chair
Leigh Rutledge, Vice Chair
Heide Wolf-Reid, Vice Chair
Frank Nelson, Executive Committee Liaison
Susan Tilling, Executive Committee LiaisonC.A.R. Staff:
Alex Creel
Stan WiegI. Welcome and Opening Remarks – Stephen Goddard, ChairII. Overview of the Legislative Climate
- Member mobilization reportIII. 2007 C.A.R. Sponsored Legislation1. AB 980, Calderon, Disclosure of Private Transfer Taxes
2. SB 226, Negrete McLeod, “Degree Broker” Education Requirements
3. SB 670, Correa, Private Transfer Tax Prohibition
4. AB 1366, Portantino, HousingImpact Statement Requirement for Local Land Use Decisions
5. SB 343, Negrete McLeod, Housing Project Application; Pre-Hearing Availability of Staff Reports
6. AB 1356, Houston, Agents of Equity Purchasers
7. Pending Amendment, Sponsored Amendment to Tow Truck Regulation Law of 2006 (AB 2210, Goldberg) IV. Update on Electronic Recording Delivery Systems Regulations
1. ERDS implementing regulations
2. AB 1168, Jones, elimination of socialsecurity numbers in public recordsV. Department of Real Estate
1. Mortgage loan broker licensing*
2. License number on contact materials
3. Mortgage loan regulations
4. AB 840, Emmerson; License revocation, crimes of moral turpitude
VI. Health Care Issues*VII. Reports of Standing Committees and Task Forces
1. Commercial Investment – David Weinstein
2. Common Interest Development – Steve Delmartini
3. Equal Opportunity-Cultural Diversity - Eva Garcia
4. Housing Opportunity – Heidi Rickerd-Rizzo
5. Land Use and Environmental – Carol Banner
6. Local Governmental Relations – David Gillingham
7. Manufactured Housing – Norma Scantlin
8. Property Management – Cynthia Wood
9. Real Estate Finance – Mike Donohoe
10. Taxation – Robert Kevane
11. Tax Basis Portability Task Force – Deborah RitcheyVIII. Bills of Others- SB 127, Kuehl; Timing of TDS- SB 223, Machado; Coercion of appraisers-SB 464, Kuehl; 5-year pre-requisite for Ellis Act treatment of rental properties- SB 385, Machado; Authorization forDRE to monitor loan brokerage, license activity- SB 702, Torlakson; “Anti-speculation” 5 percent liquidated damages in attached condo sales- AB 239, Desaulnier; $25 recording fee surcharge for real estate recordings- AB 434, Silva; 15 day turnaround on notary journal copy requests- AB 512, Leiber; Translation of mortgage loan documents negotiated in foreign languages-AB 976, Calderon; prohibiting inquiries by landlords re immigration status- AB 1234, Wolk; Point of sale heater upgrades amended to delete POS- AB 1538, Lieu; license restrictions amended to be CHFA-administered troubled loan program- AB 1574, Houston; Private Transfer TaxesIX. OtherX. Adjournment
