House TRIA Bill Likely Up for June Vote
BOMA remains focused on securing reauthorization of the Terrorism Risk Insurance Act (TRIA). Congressional attention has recently centered on must‑pass fiscal issues, national security priorities and other contentious debates, temporarily slowing progress. Word from House leadership is that the House bill is expected to vote on the bill before the July 4 recess. BOMA continues to press for early action to avoid uncertainty for the commercial real estate industry.
Permit Streamlining for Energy Transmission Projects Hearing
The House Energy Subcommittee held a hearing to discuss how permit reforms for transmission projects can assist in delivering reliable and affordable power for the nation. The hearing was a natural follow-up to the subcommittee’s “AI and the Grid” hearing held a couple weeks before on grid modernization to support ratepayers amongst a growing demand for power, spurred in part by the growth of data centers. Power generation and electricity transmission go hand in hand, both being essential to creating and delivering power.
Energy Star Receives Funding in Subcommittee Bill
The House Interior and Environment Appropriations subcommittee advanced a bill to the full committee that includes a separate line item that funds the Energy Star program for FY 2027 at $33 million. The subcommittee is led by Chairman Mike Simpson (R-ID), recipient of BOMA’s Legislator of the Year Award for his efforts to fund the program last year. The amount included in the subcommittee bill matches the funding amount ultimately included in the FY 2026 bill passed into law
BOMA remains focused on securing reauthorization of the Terrorism Risk Insurance Act (TRIA). Congressional attention has recently centered on must‑pass fiscal issues, national security priorities and other contentious debates, temporarily slowing progress. Word from House leadership is that the House bill is expected to vote on the bill before the July 4 recess. BOMA continues to press for early action to avoid uncertainty for the commercial real estate industry.
Permit Streamlining for Energy Transmission Projects Hearing
The House Energy Subcommittee held a hearing to discuss how permit reforms for transmission projects can assist in delivering reliable and affordable power for the nation. The hearing was a natural follow-up to the subcommittee’s “AI and the Grid” hearing held a couple weeks before on grid modernization to support ratepayers amongst a growing demand for power, spurred in part by the growth of data centers. Power generation and electricity transmission go hand in hand, both being essential to creating and delivering power.
Energy Star Receives Funding in Subcommittee Bill
The House Interior and Environment Appropriations subcommittee advanced a bill to the full committee that includes a separate line item that funds the Energy Star program for FY 2027 at $33 million. The subcommittee is led by Chairman Mike Simpson (R-ID), recipient of BOMA’s Legislator of the Year Award for his efforts to fund the program last year. The amount included in the subcommittee bill matches the funding amount ultimately included in the FY 2026 bill passed into law