Posts Tagged ‘Regulations’

Tax Incentives for Security Systems and Fire Protection Systems
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SIA Explains Tax Incentives for Security and Fire Protection Systems in New Fact Sheet

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The Security Industry Association (SIA) today released a fact sheet, “New Tax Incentives for Security and Fire Protection Systems,” to explain how new U.S. tax reforms allow many businesses to deduct the full cost of security and fire protection systems as an expense for the tax year in which they are placed in service. Under…

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SIA Applauds Key Provision in Tax Reform Law for Security and Fire Protection Systems

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Silver Spring, Md.—On Dec. 22, President Donald Trump signed into law H.R. 1, the Tax Cuts and Jobs Act, P.L. 115-97, which implements tax reform to lower the after-tax cost of security and fire protection systems for small- and medium-sized businesses. The Security Industry Association (SIA) led a coalition of industry groups urging negotiators to…

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Power supply energy efficiency regulations
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SIA Applauds Enactment of Power and Security Systems Act

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Association led a yearlong effort to preserve an important provision in federal energy efficiency requirements critical to the operation of security systems. Silver Spring, Md. —President Donald Trump recently signed into law the Power and Security Systems (PASS) Act, P.L. 115-78, culminating a year-long effort led by the Security Industry Association (SIA) to preserve an…

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How Business Tax Reform Benefits the Security Industry

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Last month, Congressional Republicans and senior officials in the Trump Administration released their Unified Tax Reform Framework, and work on tackling a campaign pledge to overhaul the nation’s tax laws began in earnest. More details are expected from the Congressional tax committees as early as this week. Their goal is to enact the most sweeping…

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Legislation to Extend Life-Safety Power Supply Exemption Pending President’s Signature

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On Oct. 24, Congress presented to President Donald Trump a bill to enact the Power and Security Systems (PASS) Act (S. 190), culminating a year-long effort led by the Security Industry Association (SIA) to preserve an important provision in federal energy efficiency requirements critical to the operation of security and fire alarm systems. Drafted with…

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Crucial Power Supply Exemption One Step Closer to Enactment

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Despite the July 1 expiration of an energy efficiency exemption for security/life-safety power supplies, the U.S. Department of Energy (DOE) recently confirmed it will not take any related enforcement actions in light of action in Congress on H.R. 511/S.190, the Power and Security Systems (PASS) Act. In the latest action, the U.S. Senate passed S.…

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2017 Market Drivers: Body-Worn Camera Funding

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I was honored to participate last week in panel discussion organized by a SIA member to forecast the priorities for the next presidential administration. At the risk of being perceived as yet another political pundit talking head, I focused my panel discussion on bipartisan policies that could drive business opportunities regardless of who wins the…

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U.S. Cyber Incident Coordination

On July 26, President Barack Obama issued Presidential Policy Directive (PPD) 41, titled U.S. Cyber Incident Coordination. PPD-41 formally outlines the federal government’s jurisdiction, role and responsibilities in responding to malicious cyberincidents directed toward the government or private sector entities. PPD-41 differentiates “regular” cyberincidents from “significant” cyberincidents—with significant incidents consisting of demonstrable harm to national…

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SIA to Recognize Outstanding Leaders at Tyco with SIA Policy Leadership Team of the Year Award

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Award recognizes contributions of Tyco team to security advocacy in government relations SILVER SPRING, MD. — The Security Industry Association (SIA) is pleased to recognize staff at Tyco, with U.S. headquarters in Princeton, N.J., for their excellent work as the 2016 SIA Policy Leadership Team of the Year. The Tyco leaders include Art Jones, Craig…

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SIA Hosts Successful School Security Event with New Congressional Caucus

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Reps. Rick Larsen, D-Wash., and Susan Brooks, R-Ind., co-chair new Congressional School Safety Caucus. WASHINGTON D.C. — The Security Industry Association (SIA) hosted the debut event of the Congressional School Safety Caucus on Capitol Hill Wednesday, bringing together the co-chairs of the caucus with private- and public-sector experts to assess strategy for securing our nation’s…

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