And we thought that some sort of rational thinking had permeated the California Senate when we learned this morning that the California version of the Mortgage Debt Relief Bill (SB30) had been delinked from the California Homes and Jobs Act (SB 391) a bill that imposes a $75 fee on all new recorded documents earmarked to support affordable housing.
Alas, rational thinking is nowhere to be seen in an apparent game of political football.
Apparently, SB30 will be re-amended tomorrow to re-link the two bills.
Well, it isn't game over yet. We will continue to follow the progress of these two bills and call it as we see it.