BOMA Greater Los Angeles Industry Defense Fund
Every year in every city and state, lawmakers introduce short-sighted legislation that threaten your building operations and profits. BOMA/GLA’s advocacy staff and BOMA California’s team of expert lobbyists work around-the-clock to protect your building from harm by monitoring legislation and policy in California. This is done through strategizing with lobbyists, testifying before legislative committees, educating lawmakers, and running Grassroots Campaigns.
To ensure adequate funds are available for unbudgeted advocacy challenges at the local and state level, BOMA/GLA maintains a member driven Industry Defense Fund (IDF) to support special advocacy efforts. These efforts can be in response to legislation, regulatory rule making, or litigation that threatens to have a substantial impact on BOMA/GLA members.
When confronted with these advocacy crises, the IDF allows BOMA/GLA to give a voice to the commercial real estate industry and helps BOMA/GLA achieve critical advocacy successes. As an example, the IDF was used in 2011 to defeat AB 350 which sought to mandate that whenever a janitorial company, security guard company, food-service company or other building service company won a new contract, it would be required to hire the employees of the previous, now-ousted company. By mandating who a business must hire – even if it came at the expense of their current workforce – AB 350 would have represented an extreme government intrusion into the private sector, and it would have hobbled the competitiveness of many service contractors.
Currently the IDF is being used to stop an attempt to end Proposition 13 for commercial owners, drastically raising property taxes. BOMA/GLA, in cooperation with other associations around the state, has already started a media campaign to prevent a Split Roll Tax by targeting voters and legislators. Spending a relatively small amount of money now will save thousands of dollars for your building in the future.
Industry Defense Fund Oversight
The IDF is overseen by the Past Chairman Council and the BOMA/GLA Chairman. BOMA/GLA’s President serves as staff liaison to the Council and Secretary to the fund.