Issue:
SB 939 (Weiner) fails to pass Senate Appropriations
Economic ramifications of this bill far too serious to play politics
Sacramento — Opponents of SB 939 (Wiener), including minority business groups like California Black Chamber of Commerce, California Asian Pacific Chamber of Commerce, Hispanic 100, and TELACU today were relieved that the bill was held on the suspense file and failed to make it out of the Senate Appropriations Committee.
Below is a statement from Rex S. Hime, President and CEO, California Business Properties Association (CBPA) about SB 939:
“Thankfully, legislators made the right choice to keep this bill on suspense. SB 939 is a bad bill. It is far too broad and would have done serious damage to California’s economy. We applaud those who believe policy is more important than politics in addressing the impacts of the COVID-19 pandemic.
“The negative impacts of SB 939 would have been particularly bad for affordable housing projects that rely on the commercial portion to secure funding, and currently underserved communities where investment capital is already difficult to attract.
“Even though this bill is stalled out for now, we’ll be keeping watch to make sure the language doesn’t find its way back into another bill at some point.”
BELOW IS A LIST OF GROUPS OPPOSED TO SB 939:
California Business Properties Association
California Retailers Association
California Downtown Association
Telacu
California Hotel & Lodging Association
California Taxpayers Association
California Black Chamber of Commerce
Family Business Association of California
California Hispanic Chamber of Commerce
Building Owners and Managers Association of CA
National Diversity Coalition
California Business Roundtable
California Builders Alliance
California Land Title Association
California Mortgage Bankers Association
California New Car Dealers Association
Commercial Real Estate Development Association, NAIOP
International Council of Shopping Centers
Hispanic100
Latin Business Association
Associated General Contractors of California
National Asian American Coalition
California Asian Pacific Chamber of Commerce
The Association of Ca Life and Health Insurance Co
Nareit
Bay Area Council
L.A. County Business Federation (BizFed)
L.A. Chamber of Commerce
Orange County Business Council
Western Manufactured Housing Communities Association
Institute of Real Estate Management
AIR Commercial Real Estate
Bay Area Builders Exchange
Central Coast Builders Association
Chico Builders Association
Placer County Contractors Association & Builders Exchange
Sacramento Regional Builders Exchange
Shasta Builders’ Exchange
United Chamber Advocacy Network
Valley Contractors Exchange
Ventura County Contractors Association