Defeat SB679

Mobilization ALERT: SB679

Dear Members,

The California Association of REALTORS® OPPOSES Senate Bill 679 (Kamlager) which creates an unelected agency with the power to impose a range of new property taxes.  We were also against SB1105 and are glad to see that bill is dead.  SB 1105 was to grant vast, unchecked, taxing and bonding authority to an unelected Housing Agency Board in San Diego which would consist of 6 appointed representatives, serving 4-year terms.

SB679

Similar to SB 1105, SB 679 would establish a local Housing Agency in LA with a 19-member “governing board” to raise revenues through: 

  • A Parcel Tax
  • Gross Receipts Business License Tax
  • A Document Transfer Tax, or
  • The Issuance of Bonds to Fund Affordable Housing Preservation (acquiring, Rehabilitating, Deed Restricting, Etc.).

Here’s how you can help!  
Ask your clients, friends, and family to TAKE ACTION

Continue posting on social media!
We are stronger together and your voice will help us defeat SB 679.

For questions, please contact realtorparty@car.org
REALTOR® Party of California

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