Dec 1st LAC | Changes on the Horizon

Thank you to our Event Sponsors

Posted by Building Industry Association - Riverside County Chapter on 1 Dec 2017

On December 1st, with the help of our Sponsor, Western Riverside Council of Governments, a packed audience gathered at the Riverside Convention Center for the BIA’s Holiday Legislative Affairs Committee Luncheon. We heard from WRCOG’s Director of Government Relations Jennifer Ward who gave a brief summary of the past year, and announced the moving of WRCOG headquarters to their new location on University. Diane Harkey, Chairwoman of the Board of Equalization and District 4 representative gave our keynote presentation entitled “Board of Equalization: Changes on the Horizon.”

Chairwoman Harkey presented an overview of her role as the highest elected taxpayer advocate in the state, along with the changes to the Board of Equalization moving forward. Harkey discussed the relationship between property value and tax assessments, and the fluctuations on value since the passage of Proposition 13.  Harkey concluded her presentation by delving into the new role of the Board of Equalization post the restructuring and abbreviation of authority to intervene in tax cases imposed earlier this year.

The presentation was well received by those in attendance who engaged with Harkey during the Q&A session on several items relating to the proposed federal tax reform bill and its likely effects on various businesses and tax-payers in California.

The BIA would like to thank Chairwoman Harkey for taking time out of her busy schedule to address the luncheon; and to thank our sponsors, Western Riverside Council of Governments for their partnership.

Our next Legislative Affairs Committee luncheon will be taking place in February, where we will be hearing from Congressman Ken Calvert.