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Week of Jan. 7th-Rent control, property taxes and taller apartment buildings: California considers major housing bills in 2018

January 7, 2018

The state’s housing crisis is back on the agenda as California lawmakers return to work after a months-long recess.

Proposals floated in the first week of the year would bring major changes to laws governing property taxes, rent control and local zoning rules. Senate Democrats have also proposed a work-around for the recent GOP tax overhaul, which set a $10,000 cap on state and local tax deductions. A bill introduced Thursday would allow Californians to instead donate to the state, receiving a dollar-for-dollar tax credit, so they can — in theory — deduct the full amount from their federal taxes. There is no cap on deductions for charitable contributions.  Keep reading.

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