Vote No on Amendment 2!
BOMA Florida continues to urge its members to vote no on Amendment 2, the constitutional amendment to make the currently existing property appraisal caps permanent, and which will be on the ballot in November. Residential realtors are vigorously promoting Amendment 2, and pouring hundreds of thousands of dollars into promoting it. BOMA Florida opposes Amendment 2, because caps create a tax shift: each time a cap or exemption is provided to a certain class of property (properties which are not sold on a regular or frequent basis), the tax burden shifts to the properties which are regularly sold or conveyed. This means that newly acquired properties will be at a market disadvantage compared to properties that aren’t sold, because they will have higher taxes that will be passed through to potential tenants. Furthermore, these caps do not limit take rate hikes by the local taxing authorities. Click
to read BOMA Florida’s position paper on this very important issue.
BOMA International Prepares for Upcoming ICC Hearings
Public comments for the 2021 International Code Council (ICC) Group A code development cycle were released last week, and BOMA International’s codes team has already begun reviewing and analyzing these comments in advance of the upcoming Public Comment Hearings taking place October 24-31 in Richmond, Virginia.
Once the codes team has completed the initial review of the public comments, BOMA International’s Building Codes Committee will host a conference call during the third week of September. BOMA members are encouraged to participate in this call to help formulate BOMA’s positions on the various code change proposals and create an outreach strategy to local code officials before the October hearings. Critical code change proposals relevant to the commercial real estate industry will be posted to the BOMA International website in the next few weeks for review.
BOMA International is the only national commercial real estate association with an active building codes advocacy program, and its codes team will be representing the interests of the industry during the hearings in Richmond next month. For more information and to get involved in the code development process, please contact BOMA International’s Senior Code Consultant, John Catlett, at