In 2019, we had several federal legislative victories on key priority issues. Working with the Coalition to Insure Against Terrorism (CIAT), BOMA’s influence enabled the passage of terrorism risk insurance re-authorization (TRIA) providing stability in the insurance market. Another long-standing priority for BOMA, reenacting the Commercial Building Energy Efficient Tax Deduction (179D), finally came to fruition with a retroactive extension through 2021.
While these are important victories that are the product of years of hard work and
education, there is always more work to be done. We need to continue to educate
and inform lawmakers about the commercial real estate industry and the issues
our members face every day. To learn more about how to become an advocate for your industry, please
contact Government Affairs & PAC Manager, Meg Novak at email@example.com.