Issue link: https://imageup.uberflip.com/i/1545885
| LIFE IN SOLERA | AUGUST 2026 | 23 Because thousands of California Realtors took action and made their voices heard, AB 736, a bill that would have incentivized cities to raise taxes on property, particularly higher-value homes, will not move forward. In just over 24 hours, more than 12,000 calls were made by Realtors to members of the Legislature, urging them to oppose the bill. That overwhelming response sent a clear message: increasing taxes on homeownership is not the answer. In a separate but related development on tax policy, C.A.R. supported a constitutional amendment which will protect taxpayers by returning the two-thirds threshold to all ballot measures for all local special tax measures. This is a powerful reminder that Realtor advocacy works. When Realtors engage, lawmakers listen. They helped stop a proposal that would have made buying and selling a home more expensive for California families. Just last June, congressional leadership and key members of both parties in the House and Senate reached agreement on final legislative language for H.R. 6644, the 21st Century ROAD to Housing Act, one of the most comprehensive housing packages considered by Congress in decades! On June 22, the Senate approved the legislation by a bipartisan vote of 85-5. Speaker Mike Johnson has indicated the house will potentially clear the measure for the President's signature. This is a bipartisan effort that is aimed at addressing housing affordability and housing supply challenges across the country. This legislation includes a variety of provisions designed to modernize existing federal housing programs, improve the effectiveness of affordable housing initiatives, and encourage greater housing production. It also promotes best practices for state and local governments seeking to increase housing development, streamline regulator processes, and expand housing opportunities in their communities. Source: www.CAR.org, June, 2026 By Glenn Bradd, Broker Associate, Solera Realty Team, Solera Resident