It’s hard to believe that it’s almost been one year since the historic loss of Proposition 10, the ballot measure that would have repealed Costa Hawkins and implemented State Wide rent control.
Following the loss, California’s elected officials went back to the drawing board in search of ways to accomplish their rent control goal and AB 1482 was created.
If passed, the bill will provide tenants with significant provisions like capping rent increases at 5% plus inflation per year for the next 10 years and there will also be protections in AB 1482 that will also make it harder for landlords in California to evict some tenants without having a reason.
About AB 1482
Despite the backing of the governor and legislative leadership, AB 1482 still faces an uncertain path to clear both houses of the Legislature, which must occur by Sept. 13. Most major tenant legislation has already been defeated this year, and AB 1482 only advanced out of the Assembly in the spring when Chiu agreed to weaken it at the Realtors’ behest.
Tenant organizations that were initially behind the legislation said they supported the deal announced Friday. But they noted the measure’s ultimate approval wasn’t assured.
“We appreciate the leadership of Gov. Newsom,” said Christina Livingston, executive director of the Alliance of Californians for Community Empowerment. “There is still work to be done to pass this legislation and give tenants the protection that they need.”
Source – LA Times
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