News: Lois Wolk

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An Assembly committee Wednesday, June 25, rejected a bill that would have allowed school districts to impose different parcel tax rates on different types of property. SB 1021 by Sen. Lois Wolk, D-Davis, received one yes vote and three no votes, with five abstentions, in the Revenue and Taxation Committee. The legislation faced opposition from the California Apartment Association and dozens of other business groups. If SB 1021 had become law, school districts would have been able to charge varying parcel tax rates within a district based on characteristics such as parcel size, improvements to the parcel, or the use… Read More

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A CAA-opposed bill that would allow school districts to impose different parcel tax rates on different types of property heads to its first Assembly committee next week. If SB 1021 by Sen. Lois Wolk, D-Davis, becomes law, school districts would be able to levy one parcel tax rate on single-family homes while charging other rates on apartments and commercial properties. This split-roll tax bill, which goes before the Assembly Revenue and Taxation Committee on Wednesday, June 25, would let school districts to set parcel tax rates within a district based on characteristics such as parcel size, improvements to the parcel,… Read More

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Over the past week, the California Apartment Association has negotiated more positive amendments into Sen. Lois Wolk’s bill on water sub-meters, resolving one of the rental housing industry’s biggest concerns: penalties. Under new changes to SB 750, all penalty provisions have been removed. Those terms would have imposed attorneys’ fees and penalties against landlords and their billing agents if they failed to follow the provisions of Wolk’s sub-meter legislation, even if minor missteps were made. In addition, the author has agreed to extend the sub-meter installation requirement for an additional year – to 2016. Moreover, the parties have agreed to… Read More

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