Announcements‎ > ‎

AB 2364 Failed!

posted Jun 1, 2018, 10:05 AM by Richard D'Ascoli   [ updated Jun 1, 2018, 10:06 AM ]
Great news! AB 2364 FAILED last night on Assembly Floor! It only secured 25 Yes votes, with 34 voting No and the remainder Not Voting. All members of the Assembly were present, so those not voting did so intentionally.

Thank you to everyone for all their work to make this happen. 

PSAR and C.A.R OPPOSED AB 2364 (Bloom and Chiu), which deters property owners from returning to the rental housing business for 10 years. AB 2364 significantly weakens the Ellis Act by discouraging new rental housing investment and will ultimately make the state’s housing crisis even worse.