Texas House Bill HR378

Texas 2017 - 85th Regular

Caption

Recognizing February 22, 2017, as Texas Building Owners and Managers Association Advocacy Day at the State Capitol.

Impact

The resolution underscores the economic contributions of the commercial real estate sector in Texas. It notes that Texas BOMA's members support over 109,000 jobs, contribute $3.2 billion in personal earnings, and generate more than $13.8 billion for the state economy. Recognizing such contributions can influence state laws by prompting policymakers to consider the needs and priorities of the commercial real estate community when crafting regulations and policies.

Summary

House Resolution 378 recognizes February 22, 2017, as Texas Building Owners and Managers Association (BOMA) Advocacy Day at the State Capitol. This resolution highlights the significance of the Texas BOMA, which was established in 1937 and represents stakeholders in the commercial real estate sector across the state. With approximately 2,500 members and local associations in several major Texas cities, Texas BOMA plays a vital role in promoting responsible building practices and advocating for its members' interests in legislative discussions.

Sentiment

The sentiment surrounding HR378 appears to be overwhelmingly positive, especially among members of the commercial real estate industry and their stakeholders. The resolution serves as an acknowledgment of the significant role that Texas BOMA and its members play in the local economy, which has likely garnered support from legislators who recognize the importance of job creation and economic development.

Contention

While the resolution largely focuses on celebration and recognition, the underlying issues concerning commercial real estate advocacy may lead to differing views among stakeholders. Some may argue that certain regulations or legislative decisions can negatively impact building practices and economic growth. These discussions can be contentious, especially when considering the balance between development interests and environmental or community concerns. Nevertheless, HR378 primarily aims to foster goodwill and appreciation rather than to stir controversy.