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| NEWS ROUNDUP |
| Great News!
On August 18, the FCC ordered a stay on the additional federal restrictions
on advertising faxes until January 1, 2005. The new restrictions were set to
take effect Monday, August 25; however, the FCC was under a lot of pressure
to give businesses more time to submit comments. BOMA was part of the
American Society of Association Executives (ASAE) coalition that fought to
delay the new restrictions. What this means is that things will stay exactly
as they are for now; Associations will be able to fax notices to those with
whom they have "existing business relationships," including members and
potential members. SABOMA had already begun asking our members to send back
the written permission form prior to August 25, however with the FCC delay,
we can all take a breather for a while. BOMA will be watching the FCC's
actions regarding the planned restrictions and will report to you on any
changes in the situation.
DuPont Flooring is now known as The Invironmentalists.
Sharry Page of Maldonado Landscaping reports that a new provision in the 2003 tax law allows commercial property owners and landlords who purchased their investment properties after May 5, 2003 to take a significant 52.5% depreciation allowance on all irrigation and landscape improvements this year. The new 2003 depreciation allowance applies to landscape improvements for apartment houses, commercial properties, office buildings, factories, industrial parks and other business facilities. Besides landscaping and irrigation, other improvements covered include patios, fences, sidewalks, waterways, roads and canals. Owners and managers should double check any specific planned deduction with their tax advisor.
Wow! Did you see the feature article on USAA’s energy efficiency upgrades in the September issue of Buildlng Operating Management? They are the largest structure ever to receive Energy Star’s best-in-class status. Congratulations, Howard Gelfer and Paul Simonetta!
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