SB1227

SF, no more CEQA for your NIMBYs to weaponize, and some home-building incentives.

State: California

Status: Pending 🕒

Formal Title: An act to add and repeal Section 21080.59 of the Public Resources Code, and to amend Section 214 of the Revenue and Taxation Code, relating to housing.

Summary: Introduces tax incentives and CEQA exemptions for development projects within a defined downtown revitalization zone in San Francisco until 2035, aimed at stimulating urban development. It mandates the use of a skilled workforce for these projects, under penalty of perjury, and proposes a partial property tax exemption for properties serving moderate-income households, subject to specific conditions. The bill is a targeted effort to boost housing and commercial development in San Francisco's downtown area, with specific benefits for moderate-income housing projects, and requires developers to adhere to labor standards.

Main sponsors: Scott Wiener

Legislative text: https://leginfo.legislature.ca.gov/faces/billNavClient.xhtml?bill_id=202320240SB1227