Just a week remains until the Legislature adjourns for summer recess, with next Wednesday serving as the last day for policy committees to meet and report bills. With the deadline quickly approaching, your advocates in Sacramento have testified on numerous bills with potential impact to our industry.

Yesterday, Senior Director of Government Relations Skyler Wonnacott served as the primary opposition to Senate Bill 1103 (Menjivar; D-Van Nuys) in the Assembly Judiciary Committee meeting. The bill, which would impose detrimental commercial lease mandates, ultimately passed with a vote of 7-2, despite multiple lawmakers raising concerns with the legislation and two democrats abstaining from the vote. We will continue to advocate against this bill in the Assembly due to the negative impact it will have on the commercial real estate industry.

The California Commercial Real Estate Summit is just around the corner on August 13th-14th, and we're kicking it off with a bang at our brand new welcome reception venue, The California Museum. Check out the museum while connecting with peers over bites and beverages!

The fun will continue with breakfast the following day before attendees meet with lawmakers to advocate for our industry. Finally, you won't want to miss our closing lunch to debrief and drink at Thirtyfour Mexican Cantina. Register before July 23rd to save $50!

On Tuesday, Governor Gavin Newsom released his pre-recorded State of the State Address. This comes three months after the initially scheduled speech was postponed pending the results of the Governor's Proposition 1 initiative. 

The California Constitution mandates that the governor provide an annual report to the state Legislature detailing the state’s condition. The update discussed the state's efforts on homelessness, border security, reproductive rights, and more. Shortly after the speech was released, Republican lawmakers held a press conference in response.

Join us at the Segerstrom Center for the Arts, the dazzling new location for the Industry Awards Dinner! You'll be taken on a guided tour prior to the start of the event and will catch up with peers over bites and beverages. 

Next, you'll be treated to our refreshed event program as we honor deserving individuals and organizations - including some exciting new award categories. Save the date for November 7th!