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Gil Cedillo
Garcetti says state should give tax breaks for quake retrofits
Garcetti says state should give tax breaks for quake retrofits

Flanked by property owner and tenants' rights advocates, Los Angeles Mayor Eric Garcetti urged state lawmakers Wednesday to support a bill that would give owners a 30% tax break off the cost of seismically retrofitting vulnerable buildings. “We as a city cannot do this alone,” Garcetti told reporters at a news conference Wednesday on the steps of Van Nuys City Hall. “This is a common-sense bill that will set forward a pathway to help building owners, to help landlords and tenants alike, to create a safer and a greater Golden State.” The bill, introduced by Assemblyman Adrin Nazarian (D-Sherman Oaks), would help owners and tenants with the cost of...

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