Sunday, November 27, 2022

Rent Relief Legislation on Hold in Assembly Committee

A proposal setting up an assistance program for tenants unable to pay rent due to COVID-19 is being supported by the California Chamber of Commerce if a few changes are made.

SB 1410 (Caballero; D-Salinas) was sent to the Assembly Appropriations Committee Suspense File on August 18 pending a review of the bill’s fiscal impacts.

SB 1410 creates a tenant-owner COVID-19 eviction relief agreement, restricts rental property owners from evicting tenants for unpaid rent accrued during the state of emergency, and allows a tax credit to rental property owners that defer rent for tenants who cannot pay their rent due to COVID-19.

This approach attempts to protect the most vulnerable tenants without sacrificing mom and pop rental property owners who are not able to financially absorb months of no rent without financial assistance.

AB 1410 spreads the interest-free payments from tenants and the landlords’ corresponding tax credits over a 10-year period beginning in 2024 in order to minimize any immediate impacts to the state’s revenues.

Staff Contact: Adam Regele

Adam Regele
Adam Regele
Adam Regele joined the CalChamber in April 2018 as a policy advocate specializing in environmental policy, housing and land use, and product regulation issues. He was named a senior policy advocate in April 2021 in recognition of his efforts on behalf of members. Regele came to CalChamber after practicing law at Oakland-based Meyers, Nave, Riback, Silver & Wilson, PLC, where he advised private and public clients on complex projects involving land use and environmental laws and regulations at the local, state and federal levels. Before entering private practice, Regele served as a federal judicial law clerk to the Honorable Edward J. Davila of the U.S. District Court, Northern District of California. Regele earned a B.S. in environmental science at the University of California, Berkeley, and a J.D. from UC Hastings College of Law, where he was symposium editor and research and development editor for the Hastings West-Northwest Journal.

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