Wednesday, November 20, 2013

BOMA San Francisco Leaders Meet with California Congressman Jared Huffman

California Congressman Jared Huffman

BOMA San Francisco's President, Steven Ring and BOMA San Francisco's Political Action Committee Chair (BOMA SF-PAC) Chair Kathy Mattes met with California Congressman Jared Huffman on November 5th to discuss federal issues currently affecting commercial real estate:
L to R: S. Ring; K. Mattes; Rep. Huffman; K. Cleaveand
  • The need for tax reform that would give commercial property owners a permanent 15 year depreciation allowance for leasehold improvements;
  • Relax restrictions on foreign ownership of real estate;
  • And, re-authorize and improve the Federal law providing re-insurance for acts of terrorism that destroy buildings. 
The Congressman was not sure any of the industry's issues would be acted upon in the current session. BOMA leaders suggested that the Congressman should consider introducing legislation to allow owners of commercial properties to correct Americans with Disabilities Act (ADA) deficiencies prior to being sued for a civil rights violation.  BOMA San Francisco members will meet again with Representative Huffman during the BOMA International National Issues Conference in February 2014

This meeting was part of BOMA's continued advocacy efforts on behalf of the commercial real estate industry.  

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