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BOMA Active in the Washington State Legislature

Thursday, March 7, 2019   (0 Comments)
Posted by: Christine Miclat
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BOMA members and our advocacy team were instrumental in defeating a measure that would have prohibited dual agency brokerage in Washington State. We were able to convince lawmakers that the current dual agency rules are working appropriately and that the practice was both saving both parties on transaction time, money and providing more information and services.

 

Special recognition should go to John Miller, Managing Director of CBRE, for traveling to Olympia twice and testifying at hearings on the proposed bill. 

 

BOMA is supporting a bill that is still active called Commercial Property Assessed Clean Energy & Resilience Financing (C-PACER). This bill would allow more property owners to make long-term investments that reduce environmental impact than they otherwise could with limited capital.

 

The legislative session is scheduled to end April 28, 2019.

 

For questions, please contact Rod Kauffman.

 

 

Still active legislation & BOMA Advocacy: 

 

C-PACER Financing [HB 1796 - In House Rules] (Support)

Commercial Property Assessed Clean Energy & Resilience (C-PACER) financing would allow more property owners to make long-term investments that reduce environmental impact than they otherwise could with limited capital.

 

Building energy Performance Standards [2SSB - SB 5293 – Second reading Rules committee/HB 1257 – In House Committee on Appropriations] (Oppose)

Too many elements in this bill make it vastly over aggressive. Significant changes need to be made. Example: The electric vehicle charging infrastructure requirements for new development.

 

REET - Real Estate Excise Tax [SB 5676 Passed out of Rules Committee]

Proposal to increase the state excise tax – it would double on the sale of most commercial real estate transactions

 

Capital Gains Tax [SB 5129 - In Senate Ways & Means]: (Oppose)

Proposal to implement a Capital Gains Tax in Washington State of 9%

 

B & O Tax on Services [SB 5129 - In Senate Ways & Means]: (Oppose)

Proposal to increase the B & O tax on services by 66% from 1.5 to 2.5% (Oppose)

 

Concerning the rights of persons experiencing homelessness [SHB 1591 – Referred to Appropriations] (Oppose)

 

Attempts to eliminate existing prohibition against rent control in Washington State – (Oppose)

 

 

Dead this session

      Prohibiting dual agency in certain real estate transactions SB 5189/HB 1316 (Defeated)

 

Still Active and monitoring this session:

  • New carbon tax proposals support only if most revenues are directed to incentive programs to reduce carbon)
  • A few transportation bills some of which have carbon tax implications that can impact commercial real estate or assess commercial development at factors greater than residential and industrial.

 

Other legislative and Industry Affairs issues to engage in 2020 – All of the above plus:

  • Employee hours tax (Support any effort to pass a state-wide prohibition
  •  Possible attempt to allow local jurisdictions to impose a sales tax on leases and rents (Oppose)
  •  Possible attempt to eliminate the sale tax exemption on janitorial labor services      (oppose)
  • Any attempt to set janitorial cleaning limits by hours and square feet (Oppose)
  • Employee hours tax (Support any effort to pass a state-wide prohibition)
  • New carbon taxes (only if revenues are directed to incentive programs to reduce carbon)
  • Transportation capacity improvements and congestion reduction (Support)

 

Industry Affairs:

  • Improve the pathway to 07 licensing electrical licensing
  • Monitor sales tax on engineering services audits and enforcement

 

 


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