Laws & Taxes

Laws & Taxes

Sherman Introduces Legislation to Prohibit Homebuyer Tax

Congressman Brad Sherman, a senior member of the House Financial Services Committee, joined Congressman Mark Sanford (R-SC) in introducing legislation that would permanently prohibit the use of guarantee fees (g-fees) as a budget offset

Costa Announces That California Water Legislation Has Been Enacted into Law

Rep. Jim Costa (CA-16) released the following statement after the Water Infrastructure Improvements for the Nation (WIIN) Act was signed by the President and enacted into law.  The WIIN Act includes language to assist in reducing the impacts of California’s drought crisis and to build additional long-term drought resiliency

Paying for Infrastructure Without Soaking the Taxpayer

President-elect Trump has many difficult fiscal tasks ahead – one of which is to promote long-overdue infrastructure construction at a time when the national debt exceeds our entire economy and interest costs alone are eating us alive.

Honda Introduces Bipartisan Energy Storage Tax Relief

As our electrical grid is modernized and more renewable energy sources come on-line, the next wave of modernization is energy storage, which will allow residential and commercial consumers to stabilize utility costs, while providing consistent power, even during outages or brownouts.

D.A.’s Office Seeks to Remove Carson Mayor from Water Board Seat

The Los Angeles County District Attorney’s Office has filed a civil lawsuit to remove Carson Mayor Albert Robles from serving as a director on a regional water board. The lawsuit alleges that holding both offices simultaneously is a conflict of interest and violates state law

Rep. Royce Supports Permanent Tax Relief for California Families and Businesses

"The more you tax something, the less of it you get. That's why lowering taxes on economic productivity and Americans' take-home pay is so critical. California's businesses and families should be able to keep more of what they earn, it's as simple as that," said Rep. Royce. "Today's legislation makes certain temporary tax breaks permanent, encourages more investments in research and development, and lays the groundwork for comprehensive tax reform.”

Huffman Leads Congressional Letter to IRS: Don’t Tax Homeowners for Saving Water

Congressman Jared Huffman (D-San Rafael) and Congressman Brad Sherman (D-Sherman Oaks) today led a letter signed by 32 other Members of Congress to the Internal Revenue Service (IRS) and the Department of the Treasury, urging they act to clarify that homeowners who receive rebates for water conservation and stormwater management improvements to their home should not be required to pay federal taxes on those rebates.

U.S. Supreme Court is asked to review San Jose’s “Inclusionary Housing” law

Appealing from a ruling of the California Supreme Court, Pacific Legal Foundation (PLF) announced today that it has just asked the U.S. Supreme Court to hear a constitutional challenge to San Jose’s “Inclusionary Housing Ordinance.” The ordinance penalizes homebuilders — and raises overall home prices — by forcing homebuilders to dedicate a percentage of units as below-market residences, or pay into a city housing fund


A woman is scheduled to be arraigned today for shooting and killing her boyfriend outside their mobile home in Garden Grove. Arlene Kathyrn Bautista, 20, Garden Grove, is charged with one felony count of involuntary manslaughter by lawful act in an unlawful manner with a sentencing enhancement for the personal use of a firearm. If convicted, she faces a maximum sentence of 14 years in state prison.

Rep. Calvert Statement on Feinstein Water Bill

Congressman Ken Calvert (CA-42) issued the following statement in response to Senator Diane Feinstein’s (D-CA) introduction the California Emergency Drought Relief Act

C.A.R. Opposes Tax on Home Buyers in Senate Highway Transportation Bill

The CALIFORNIA ASSOCIATION OF REALTORS® is opposing a provision in the highway bill now being considered by the U.S. Senate that taxes home buyers by increasing the fees Fannie Mae and Freddie Mac charge on their loans. This provision would extend a tax on homeowners that Congress implemented in 2011, which C.A.R. opposed at the time.

Rep. Paul Cook Votes to Enforce the Law and Keep Communities Safe

Rep. Paul Cook (R- Apple Valley) voted for HR 3009, the Enforce the Law for Sanctuary Cities Act. This bill cuts off specific federal grants for sanctuary cities, states, and localities that defy federal immigration law. Under current law, states and localities must not “prohibit or in any way restrict” their local government officials or employees from sending to or receiving Immigration and Customs Enforcement (ICE) information regarding citizenship or immigration status of any individual.

C.A.R. Applauds Signing of AB 345 Into Law

The CALIFORNIA ASSOCIATION OF REALTORS®(C.A.R.) applauds Governor Brown for signing into law AB 345, a C.A.R.-sponsored bill that earmarks three hours of a real estate broker's existing mandated continuing education (CE) for a course on the management and supervision of real estate licensed activity. Governor Brown signed the bill into law on Monday, July 13, and the bill becomes effective Jan. 1, 2016.

Attorney General Kamala D. Harris Announces L.A. Area Recidivism Programs to Receive Grants Totaling...

Attorney General Kamala D. Harris today announced that two programs affiliated with the California Department of Justice’s efforts to reduce recidivism have been awarded grants totaling over $1.7 million from the U.S. Department of Labor and the Judicial Council of California. Both initiatives work in partnership with the California DOJ’s Division of Recidivism Reduction and Re-entry.

Updated Income Limits for the Mortgage Credit Certificate (MCC) Tax Credit Program

This Program Bulletin supersedes Program Bulletin #2015-02, dated March 9, 2015. It provides updated CalHFA Income Limits for the MCC program. The attached income limits apply to all MCC Tax Credit Program applications. The attachment shows the maximum income limits by household size for non-targeted and targeted areas.
Douglas L. LaMalfa

Rep. LaMalfa, California Republicans Introduce Legislation to Improve Western Water Reliability

Rep. Doug LaMalfa (CA-01), Rep. David Valadao (CA-21), and two dozen lawmakers of both parties today introduced a bill to modernize water policies in California and throughout the entire Western United States with the support of the entire California Republican delegation, the Chairman of the House Natural Resources Committee, and Chairman of the Western Caucus.

Statement on Introduction of Western Water Bill from House Republicans

Congressman John Garamendi (D-Fairfield, CA), a former Deputy Secretary of the Interior Department, released the following statement on the introduction of H.R. 2898, the Western Water and American Food Security Act of 2015, a bill from House Republicans that would significantly impact western water law

Denham Secures Administration Commitment to Saving Federal Taxpayer Dollars by Reforming Federal Property Management

U.S. Representative Jeff Denham (R-Turlock) today testified before the Transportation and Infrastructure Subcommittee on Economic Development, Public Buildings and Emergency Management on ongoing efforts to improve the management of federal properties and eliminate inefficiencies in government spending.

PLF statement on CA Supreme Court ruling on San Jose’s new-housing penalty

Tony Francois, Senior Staff Attorney with Pacific Legal Foundation (PLF), issued this statement today after the California Supreme Court issued an adverse ruling in PLF’s challenge to San Jose’s “Inclusionary Housing Ordinance” — a law that imposes a significant financial penalty on the providers and purchasers of new homes

Bill Would Improve California’s Dams and Provide Relief From Drought

H.R. 2749; the Dam Authorization, Maintenance, and Safety (DAMS) Act would authorize the Secretary of the Interior to repair or modify aging dams and evaluate whether additional modifications could be made to the dam facility to increase water storage capacity. Water storage has been a long standing issue in addressing California’s drought crisis, and by restoring and improving California’s existing dams, the Golden State could dramatically increase its storage capacity at little cost to taxpayers.


Valadao Releases Statement on Updated Water Allocation

The U.S. Bureau of Reclamation announced an update to the 2017 water allocation for San Joaquin Valley agricultural service contractors who receive water through the Central Valley Project (CVP).



CBRE National Retail Partners West Completes Sale of BeachWalk in Solana...

CBRE’s John Read announced that his National Retail Partners – West (NRP-West) team along with Reg Kobzi in CBRE’s San Diego office completed the sale of BeachWalk, a 54,973 square-foot coastal retail center in the city of Solana Beach, Calif. Situated along Highway 101, the property is steps to the Pacific Ocean, walking distance to the Cedros Design District and Amtrak Train Station, and less than a mile from the world famous Del Mar Fairgrounds, site of the Del Mar Racetrack. The sale price was $33.25 million. More...