The California Business Properties Association (CBPA) is mobilizing the community in opposition to AB 380, a bill that would establish commercial rent control and eviction bans during declared emergencies in California. Introduced by Assembly Member Mark Gonzalez (D-Los Angeles), the bill would “override negotiated commercial agreements, interfere with business-to-business contracts, and saddle both public and private property owners with unrecoverable losses,” according to the CBPA.
The unrecoverable losses, as defined by the CBPA, would be twofold. The measure would prevent owners from recovering their space “even when tenants aren’t paying rent—effectively mandating rent-free tenancy during crises.” In addition, according to the association, “Rent caps would prevent property owners from adjusting to skyrocketing insurance, taxes, or emergency maintenance costs—especially harmful for small and mid-sized operators.”
AB 380 was introduced in February and has been amended in four separate sessions since then. It is likely to come up for a vote this week.
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