Local BOMA leaders visit Capitol Hill. (Denver, Colorado Building Owners and Managers Association) (BOMA Update)

Senators Bob Dole (R-Kansas) and Orin Hatch (R-Utah) and Congressman Tom DeLay (R-Virginia) were featured speakers at the 1995 BOMA International Legislative Conference held January 23-24 in Washington, D.C. Denver BOMA's leadership team, Dennis Adams, President; Paul Kluck, President-Elect; Emily Hueber, Immediate Past President; Ron Simpson, Past President; and Jeannie Bernard, Executive Vice President, attended the conference which focused on legislative and regulatory issues affecting commercial building owners and managers. At the conclusion of the conference, Denver BOMA members spent a day on Capitol Hill visiting with the Colorado legislative delegation to discuss the issues.

BOMA International has identified a number of important issues that are to be the focus of BOMA's 1995 legislative agenda. Following is a brief outline of the topics and BOMA's stand on each.

TAX ISSUES

Capital Gains

* BOMA supports legislation that would provide a deduction of 50 percent of net capital gains realized - meaning that only half of a taxpayer's capital gains would be taxed.

* BOMA favors the legislation as a much-needed boost to real estate investment. Our industry is just now beginning to recover from the worst downturn in recent memory, and a capital gains tax cut would do much to carry that recovery forward.

Depreciation of …