Daniel Dow

Daniel Dow

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California’s Proposed Vacancy Tax Bill Watered Down to Reporting Requirement

A bill recently introduced in the California State Senate would have imposed a tax on commercial buildings that have prolonged vacancies, but has been rewritten after facing strong opposition. Authored by California State...more

5/6/2025  /  California , Commercial Property Owners , Commercial Real Estate Market , Constitutional Challenges , Legislative Agendas , Property Tax , Proposed Legislation , Reporting Requirements , State Taxes , Vacant Properties

Vacancy Tax on Commercial Property Proposed in California

A recent bill introduced in the California State Senate would impose a tax on commercial buildings that have prolonged vacancies. Authored by California State Senator Caroline Menjivar, SB 789 is intended to discourage...more

4/24/2025  /  Affordable Housing , California , Commercial Property Owners , Constitutional Challenges , Landlords , Property Tax , Proposed Legislation , Real Estate Market , State Taxes , Vacant Properties
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