Industry Defense Fund
About the Role
BOMA Greater Los Angeles, in partnership with BOMA California, works to safeguard the commercial real estate industry by monitoring policies, engaging with legislators, and leading strategic advocacy efforts. Through expert lobbying, testimony before legislative committees, grassroots campaigns, and direct education of policymakers, we ensure the voice of commercial real estate is heard.
To address critical legislative threats at the local and state levels, BOMA/GLA maintains the Industry Defense Fund (IDF)—a member-driven fund dedicated to supporting urgent advocacy initiatives. The IDF provides the flexibility to respond to legislative proposals, regulatory actions, or legal challenges that could significantly impact members.
Impact of the Fund
- Defeating Proposition 15 (2020) – Preventing a Split Roll property tax increase that would have eliminated Proposition 13 protections.
- Blocking Measure EE – Stopping a 16-cent per square foot parcel tax increase proposed by LAUSD.
- Defeating SB 939 and AB 255 – Preventing legislation that would have jeopardized lease agreements and future rent payments.
Why Your Support Matters
While the IDF has achieved significant victories, ongoing support is necessary to continue defending commercial real estate from harmful policies. By contributing to the Industry Defense Fund, you help ensure BOMA/GLA remains a strong advocate for your business, your properties, and the industry as a whole.