The Primary Election on June 5th holds a lot of intrigue for those interested in the political process and many of us waiting to see how many same-party-on-party battles we will see in the General Election.
However, there are several propositions on the ballot too. The State Legislature changed the way ballot proposition work a few years ago and only those approved by the legislature can be on the June ballot. That is why you will have to wait until November to vote on most of the controversial items.
As a standard practice, BOMA California only takes positions on propositions that have a unique or disproportionate impact on the commercial real estate industry. However, we also hold several seats on the California Business Properties Association board of directors which has taken a position on all the measures.
CBPA has taken the following positions on these measures and recommends you support all the propositions:
Proposition 68 -- Issues $4 billion in bonds for water infrastructure, parks, and environmental protection.
CBPA POSITION: SUPPORT
Proposition 69 -- Requires certain tax and fee revenue related to transportation be used for transportation purposes.
CBPA POSITION: SUPPORT
Proposition 70 -- Requires a one-time two-thirds vote to use revenue from the cap-and-trade program.
CBPA POSITION: SUPPORT
Proposition 71 -- Changes the date for when voter-approved ballot measures take effect.
CBPA POSITION: SUPPORT
Proposition 72 -- Excludes rainwater capture systems from property tax assessments.
CBPA POSITION: SUPPORT
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