Friday, April 28, 2017

BOMA San Francisco Members Meet with California State Assemblymember Phil Ting

BOMA San Francisco Government Affairs Policy Advisory Committee (GAPAC), met with California State Assemblymember Phil Ting recently. Ting represents the westside of San Francisco. BOMA has worked with the Assemblymember for many years on various issues affecting the commercial real estate industry.

It was a pleasure to welcome Assemblymember Ting to speak with a select group of BOMA San Francisco advocacy leaders to get his thoughts on many industry concerns. Here are the highlights:
  • California Bill Banning Dual Agency (AB 1059)
    • Asm. Ting stated that he would oppose the measure.
    • Subsequently, thanks to BOMA California and BOMA San Francisco members, the bill was defeated after our meeting with Ting. 
  • The California State Legislature’s possible budget outcomes vis-à-vis a Trump Administration and how will that affect San Francisco's budget?
    • As BOMA members are already aware, predicting what President Trump will do that could have a fiscal and/or social impact to San Francisco and California is not easy.
      • Many important San Francisco and California issues that he has targeted such as  Obamacare, immigration, trade, and the environment have a significant impact to society and the bottom line of the State and The City and County of San Francisco
    • Ting is currently the Chair of the Assembly Committee on Budget, so he understands our concerns.
  • Ting's thoughts on Proposition 13 and its future.
    • A number one priority for our members is the predictability that Proposition 13 provides for all property owners - both commercial and residential. BOMA California will monitor any potential changes that come, either through the initiative or legislative process, that may affect this important tax protection that California voters approved many years ago. 
      • Mr. Ting did not have information about Proposition 13 at this time.
BOMA thanks Assemblymember Ting for talking with us and for his dedication to San Francisco in the California State Legislature. Our members look forward to meeting with him again.

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