Hearing on Ellis Act bill postponed
A hearing on a bill that threatens to undermine a landlord’s right to leave San Francisco’s rental housing business has been postponed by one week.
SB 364 by Sen. Mark Leno, D-San Francisco, will now go before the Senate Transportation and Housing Committee at 1:30 p.m. April. 14.
It had been scheduled to go before this committee Tuesday, April 7.
The bill takes aim at the Ellis Act, landmark legislation passed in 1985 that bars local governments from making property owners stay in the apartment business.
SB 364 would force many rental property owners to wait five years before removing their units from the market.
Before the Ellis Act was passed in 1985, rent-controlled cities — Santa Monica in particular — were forcing landlords to stay in business, even if they were losing money or experiencing other hardships.
SB 364 would force many rental property owners in San Francisco to wait at least five years before removing their units from the market.
The bill is modeled after SB 1439, which Leno carried last year and which met defeat at the hands of the California Apartment Association. SB 364 is co-authored by Assemblyman David Chui, D-San Francisco, and like its predecessor, is sponsored by San Francisco Mayor Ed Lee.