I am proud to announce that the Legislature overwhelmingly passed a $330 million Entertainment Tax Credit to bring "below the line" and post-production jobs back home! Read More
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30% Seismic Retrofit Tax Incentive and Brace + Bolt Expansion will Protect Property, Save Lives, and Create Jobs
(Sacramento, CA) Today, Assembly Bill 428 and 1440 passed the Assembly and will head to the State Senate. Assembly Bill 428 is historic legislation which would provide a five-year 30% state seismic tax credit to property owners for safety improvements to their “at-risk” or vulnerable buildings. Assembly Bill 1440 expands seismic retrofit grant program. The Brace + Bolt program provides a $3,000 subsidy to qualified single family, and multi-residential (4 units or less) property owners for basic seismic work.
“We need to get serious about earthquake preparedness now. My earthquake resilience package protects property, saves lives, and creates jobs,” stated Assemblymember Adrin Nazarian. “I strongly encourage the State Senate and the Governor to make earthquake preparedness a priority; before it’s too late.”
AB 428 provides a powerful financial incentive for property owners to make the seismic upgrades within the next five years at a substantially reduced cost.
The key components of Assembly Bill 428 are:
Will establish a 5 year 30% tax credit for qualified costs associated with Seismic Retrofit for qualified owners of an “at-risk property.” The tax credit is awarded upon completion of Seismic Retrofit.
Defines an “at-risk property” as a building that is deemed hazardous and in danger of collapse in the event of a major earthquake and is certified as so by the appropriate local jurisdiction with authority for building code enforcement, including but not limited to, soft story buildings, non-ductile concrete residential buildings, and pre-1980 concrete residential buildings.
Provides that a municipality’s local agency with jurisdiction for building code and safety enforcement certify an “at-risk building” located within their area and authorizes construction eligible under credit.
Provides examples of Seismic Retrofit Construction which qualify under the credit to mitigate seismic damage
Sets a sunset date of December 1, 2021.
Recent findings by UC Berkley researchers identify 1,500 concrete buildings that are seismically vulnerable in just the Los Angeles area. The researchers state that in the event of a huge earthquake 75 are likely to collapse.
Assembly Bill 1440 aims to expand on Brace + Bolt a program to cover tens of thousands of California homeowners.
The Earthquake Brace + Bolt (EBB) program was created by the California Residential Mitigation Program, which is a joint power authority between the California Earthquake Authority and the Governor's Office of Emergency Services.
The program was established to assist homeowners in decreasing the potential for damage to their houses during an earthquake. A residential seismic retrofit strengthens an existing house, making it more resistant to earthquake activity such as ground shaking and soil failure, by bolting the house to its foundation and adding bracing around the perimeter of the crawl space.
The mitigation program provides homeowners up to $3,000 to strengthen their foundation. A typical retrofit may cost between $2,000 and $10,000 depending upon the location, the size of the house, and the amount of work involved. Houses that meet the state building code retrofit criteria typically were:
Constructed before 1979;
Built on a level or low slope site;
Constructed with a four-foot (or less) cripple wall under the first floor;
(Sacramento) – Members of the American Federation of Musicians from Los Angeles, Sacramento and San Francisco hosted a live musical performance and press conference outside the state capitol in support of Assembly Bill 1199, legislation authored by Assemblymember Adrin Nazarian (D-Van Nuys) that proposes to make changes to the Film & Television Tax Credit Program and bring more work to the state. “The magic of movies is remembered by the music,” said Assemblymember Nazarian. “When ‘Jaws’ roars onto the screen, it’s the music that flutters your heart. We need to support our homegrown talent in Los Angeles. This tax credit will ensure the creation and production of our musical magic remains and thrives in Los Angeles.” Here’s more in this Assembly Access video.
“I am thrilled the California Arts Council will receive a $5 Million permanent funding increase in the Governor’s proposed revised budget. I want to thank Governor Brown for his support and leadership. One in 10 jobs in California are part of the creative industries; generating billions for our economy. The Arts Council is an incubator of creative talent statewide and the $5 million is an investment in keeping California’s creative economy competitive.”
Assembly Bill (AB) 551 Ratifies the Rights and Responsibilities of Landlords and Tenants Fighting a Bedbug Infestation.
(Sacramento, CA) Assemblymember Adrin Nazarian introduced legislation aimed at stemming the infestation of bedbugs sweeping California. A recently released report by Orkin, a national pest control company, ranked Los Angeles fourth nationwide in bedbug infestations with San Francisco, Oakland, San Jose region, and the Sacramento/Stockton/Modesto region all within the top 50 nationwide.
“We need common sense steps to reduce the bedbug blight in California. Tenants and landlords must work together to eradicate these blood suckers from our homes,” stated Assemblymember Adrin Nazarian.
Assembly Bill (AB) 24 Requires Drivers to Enroll in a DMV Employer Pull Notice Program & Drug and Alcohol Testing Program
(Sacramento, CA) Assembly Bill 24 passed out of the Assembly Transportation Committee by a vote of 11 to 5. Assembly Bill 24 is a consumer protection and public safety bill to establish basic public safety standards for drivers of charter party carriers, such as limousines, buses, and transportation network companies, like Uber and Lyft.
“This is a win for the public’s safety,” stated Assemblymember Adrin Nazarian. “The requirements in AB 24 are all simple, common sense measures that any business focused on consumer safety should have no issue complying with.”
(Sacramento) - Assemblymember Adrin Nazarian (D-Van Nuys) and the Armenian Legislative Caucus introduced Assembly Joint Resolution (AJR 2) designating this year as California’s Year of Commemoration of the Centennial Anniversary of the Armenian Genocide. The resolution calls upon Congress and the President of the United States to recognize the Armenian Genocide. “California is home to an estimated 1 million Armenians, many of whom are descendants of or are genocide survivors themselves,” said Assemblymember Nazarian. “We must reflect on their survival as a people, and bring attention to a dark and overlooked piece of international history.” In a show of solidarity for the centennial anniversary, AJR 2 has been jointly-authored by a majority of the Assembly, an unprecedented show of support from previous resolutions. Here’s more from Assemblymember Nazarian in this Assembly Access video.
(Sacramento) – Assemblymember Adrin Nazarian (D-Van Nuys) and the Armenian Legislative Caucus opened a special exhibit at the California Museum to showcase the “Armenian Journey: From Shattered Past to Prosperity.” “The Armenian Legislative Caucus is thrilled to have helped sponsor this educational exhibit highlighting the Armenian journey,” stated Assemblymember Nazarian. The exhibit explores the contributions of Armenians to California culture and history. This short-term exhibit opened on March 31, 2015 and concludes on August 2, 2015. The Here’s more from Assemblymember Nazarian in this Assembly Access video.
(Van Nuys, CA) - Assemblymember Adrin Nazarian (D-Van Nuys) and Los Angeles Mayor Eric Garett stood together on the steps of the seismic-retrofitted Van Nuys City Hall to highlight historic legislation which would provide a five-year 30% state seismic tax credit to property owners for safety improvements to their vulnerable buildings. The legislation, Assembly Bill 428, was authored by Assemblymember Nazarian. "It is common sense legislation that will help property owners afford lifesaving structural changes to their buildings,” said Assemblymember Nazarian. “On average, a dollar spent on hazard mitigation provides our community about $4 in future benefits." Here’s more in this Assembly Access video.
(Sacramento, CA) Today, Assemblymember Adrin Nazarian proposed adding five positions and increasing the California Arts Council’s budget by $10 million dollars. Governor Brown’s budget proposal funds the California Arts Council at $4.911 million, which includes $1.138 million of General Fund dollars. This is a five million dollar decrease from last year.
The $10 million increase was passed by the Assembly Budget Subcommittee 4 and will part of the Assembly’s Budget proposal.
Assembly Bill (AB) 428 Will Establish a Five Year 30% Tax Credit for Seismic Retrofit of Earthquake Vulnerable Buildings
(Los Angeles, CA) Today, Mayor Eric Garcetti and Assemblymember Adrin Nazarian stood on the steps of the seismic-retrofitted Van Nuys City Hall to highlight historic legislation which would provide a five-year 30% state seismic tax credit to property owners for safety improvements to their vulnerable buildings.
"It's not a question of if, but rather when the next big earthquake will hit Los Angeles, and together with Assemblymember Nazarian, we're taking action to shore up our buildings and better protect our city from the inevitable," said Mayor Garcetti. "AB428 would take an important step in making my seismic resilience plan a reality, providing a tax benefit to help building owners complete lifesaving retrofits. I urge the State Legislature to pass this important legislation."