| Measure Title: | RELATING TO LEASEHOLD. |
| Report Title: | Real Property Leases; Renegotiation |
| Description: | Requires, in leasehold renegotiations, that a rent based on fair market value shall apply even if that value is lower than existing rent and the lease contract bars the lowering of rent upon renegotiation. Allows a one-time rent adjustment to reflect fair market value for any existing lease renegotiated after 1/1/90. |
| Package: | Small Business Caucus |
| Companion: | |
| Introducer(s): | CHUN OAKLAND, Fukunaga, Ihara, Sakamoto, Bunda, Slom, Hemmings |
| Current Referral: | CPH |
| Date | Status Text | |
|---|---|---|
| 1/21/2003 | S | Introduced and passed First Reading. |
| 1/24/2003 | S | Referred to CPH. |
| 8/21/2003 | D | Carried over to 2004 Regular Session. |
$ = Appropriation measure
ConAm = Constitutional Amendment