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News & Press: Sacramento Report

Bills Related to "Building Homes and Jobs Act" Derailed in Legislature

Tuesday, June 19, 2018  
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Several bills related to SB 2 (Atkins), also known as the Building Homes and Jobs Act, have been derailed in the legislature in recent weeks.

AB 1765 (Quirk-Silva), which would have given an exemption from SB 2 fees to homeowners who were rebuilding in the wake of a natural disaster, was amended in the Assembly Housing & Community Development Committee to instead allow taxpayers in disaster areas to receive a tax credit of up to $1,000.

AB 1915 (Mathis), a bill that would exclude from SB 2 fees any document recorded in relation to a mining claim, failed passage by a vote of 5-1 against, with one abstention, in the Assembly Housing Committee. As a tax levy, the bill is not restricted by the typical legislative deadlines and as such could still move at a future date, though its passage looks very uncertain at the moment.

AB 166 (Salas) has not moved since the final day of legislative session in 2017, when it came within a single floor vote of passage. The bill, which would give property owners the ability to request a hardship refund of SB 2 fees by filing a claim with the county recorder’s office, has emerged in a modified form as a three-year, three-county pilot program within the budget process. Under the modified proposal, persons seeking a refund would do so via the State Controller in the counties of Imperial, Kern, and San Benito. Individual refunds would be capped at $225, and overall funds would be capped at no more than $2.5M per year.

California Land Title Association

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