BOMA Greater Cleveland has a long history of reigning in overly burdensome building code and regulatory proposals.

In 2010, BOMA Greater Cleveland joined a years-long legal effort that delayed implementation of the new Stormwater Management Program. During the legal proceedings our members paid no fees, amounting to over $1 million in savings.

In 2012, BOMA Greater Cleveland was an invited guest of State Representative Nan Baker and attended the ceremonial bill signing of HB 18, which created the Ohio Vacant Facilities Fund. The legislation creates a $500-per-employee tax credit for businesses that expand into existing vacant commercial space. We even got one of the pens that Governor Kasich used to sign HB 18 into law.

In 2013, a proposal at the state level called for an expansion of the sales tax. The sales tax would have applied to virtually every business service – including commercial rent, real estate management fees, and parking lots and garages.

In 2022, BOMA Greater Cleveland redoubled efforts at the state level, contributing to the signage of major legislation benefitting the commercial real estate industry. Wins include HB 126, a bill prohibiting the predatory practice of litigation and side deals on property tax valuations by school districts. SB 225 was also signed into law following strong support from BOMA – doubling the amount of funding available to both the Historical Rehabilitation Tax Credit and the Opportunity Zone Tax Credit programs.

Setting aside the plethora of services that BOMA Greater Cleveland members utilize on a daily basis, this was a direct threat to the commercial real estate industry. Organizations like BOMA Greater Cleveland banded together to convince the legislature to kill the legislation.

 

 

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