Building Operations
BOMA-Backed Lithium-Ion Battery Bill Passes through MarkUp
BOMA-Backed Lithium-Ion Battery Bill Passes through MarkUp H.R. 973: The Setting Consumer Standards for Lithium-Ion Batteries Act, has passed the U.S. House Committee on Energy and Commerce by a unanimous vote. Similarly, S. 389, the Senate version of the bill, passed through the Committee on Commerce, Science, and Transportation favorably without amendment. The bipartisan bill,…
Read MoreBOMA/Chicago and Rep. Kimberly Du Buclet Advance Downtown Revitalization Task Force Legislation
BOMA/Chicago and Rep. Kimberly Du Buclet Advance Downtown Revitalization Task Force Legislation With a focus on strengthening Chicago’s downtown economy, BOMA/Chicago has partnered with State Representative Kimberly Du Buclet to champion legislation (House Bill 2757) creating a Downtown Revitalization Task Force. The bill successfully passed the Illinois House and is now under consideration in the Senate,…
Read MoreUtility Data Access Act Passes House Committee with BOMA/Chicago Support
Utility Data Access Act Passes House Committee with BOMA/Chicago Support Legislation ensuring building owners have access to whole-building utility data for benchmarking purposes (House Bill 3312) has passed the Illinois House Public Utilities Committee. The bill requires utilities to provide aggregated energy data while safeguarding tenant privacy. Sponsored by State Representative Mary Beth Canty, the…
Read MoreMembers with Nonstandard Riders Encouraged to Request New Annual Report from ComEd
Members with Nonstandard Riders Encouraged to Request New Annual Report from ComEd Due to BOMA/Chicago’s arguments for greater transparency and fairness in ComEd’s Rider NS billing, the Illinois Commerce Commission (ICC) now requires ComEd to provide a Rider NS Annual Report by March 1,2026 upon customer request. The report was among several reforms to the…
Read MoreBOMA/Chicago Works with City to Streamline Debt Checks Process
BOMA/Chicago Works with City to Streamline Debt Checks Process As part of the City of Chicago’s Cut the Tape Task Force, BOMA/Chicago is addressing inefficiencies in the City’s Debt Check process. This process searches for existing debts of tenants and building owners before permits or licenses are issued. Led by Jan Goldsmith (Zeller), a group…
Read MoreSecurity Best Practices Library Updated by Preparedness Committee
Security Best Practices Library Updated by Preparedness Committee Is it time to refresh your building’s Response Plans? BOMA/Chicago’s Security Best Practices library provides property management teams with a wide range of security documents that address security or life safety situations commonly faced in commercial office buildings. These best practices can be considered when drafting site-specific…
Read MoreBOMA/Chicago Taxation Committee Issues Proposed Property Tax Reforms
BOMA/Chicago Taxation Committee Issues Proposed Property Tax Reforms Chicago leads the nation in commercial property taxes and has adopted many counter-productive tax policies. BOMA/Chicago’s Taxation Committee has developed a slate of property tax reforms endorsed by the association. In addition to classification reform to allow for a fairer assessment of all properties and encourage investment…
Read MoreBOMA/Chicago Prevails in Utility Rate Design Case to Lower Costs, Increase Transparency
BOMA/Chicago Prevails in Utility Rate Design Case to Lower Costs, Increase Transparency Two BOMA/Chicago recommendations supporting large office buildings were adopted by The Illinois Commerce Commission (“ICC”) in its final order for ComEd’s Rate Design Case. The ICC’s order approves reduced Beneficial Electrification (“BE”) plan costs allocated to large office buildings compared to ComEd’s original…
Read MoreAfter Property Tax Increase Eliminated, Mayor’s Budget Passes City Council
After Property Tax Increase Eliminated, Mayor’s Budget Passes City Council City Council passed the Mayor’s revised $17.1B budget on Monday, December 16. The budget excluded the originally proposed $300 million property tax increase. After City Council unanimously rejected the initial proposal, the Mayor scaled back the tax hike, presenting additional budgets that included a $150M…
Read More2024 NASCAR Chicago Street Race Resources
2024 NASCAR Chicago Street Race Resources The Chicago Street Race is home to the first-ever NASCAR Cup Series street race in the 75-year history of NASCAR. Located in downtown Chicago, the 2024 event will once again take competitors past and through many of the city’s most renowned downtown landmarks on Michigan Avenue, South Columbus Drive,…
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