Capitol Hill Legislative Visit 2020
Local BOMA Austin members were in Washington D.C. last week to promote legislation for building owners & managers across the United States. Three bills in particular that we support are as follows - click here to read full briefs on each issue.
179D: COMMERCIAL BUILDINGS ENERGY EFFICIENCY TAX DEDUCTION
BOMA urges Congress make 179D a permanent part of the tax code so that building owners can be able to plan for expensive next level retrofits in a manner that is currently not possible with short-term and retroactive extensions.
ADVANCING ENERGY EFFICIENCY THROUGH BUILDING CODES
As the only commercial real estate association that participates in the national code development process, our members believe that increasing energy efficiency in the built environment is of paramount importance.
FIXING QUALIFIED IMPROVEMENT PROPERTY
BOMA’s Position: BOMA strongly urges Congress to correct the property life of QIP to 15 years and include QIP as eligible property for 100% bonus depreciation.
You can track the status of these bills or set up alerts as they have activity at the www.congress.gov website.