The Security Industry Association (SIA) led a coalition of industry groups urging negotiators to accept a Senate-backed provision for tax reform to expand deductions under Section 179 of the IRS tax code, which empowers businesses to deduct the full purchase price of qualifying equipment and/or software purchased or financed during the tax year. The revised tax code permanently expands eligibility for deductions to fire protection, alarm, and security systems, along with other equipment, placed in service in 2018 and beyond.
The Security Industry Association (SIA) recently led a group of eight industry associations in urging the House and Senate tax writing committees to strengthen business expensing provisions in the final version of tax overhaul legislation under consideration in Congress. Under current IRS regulations, customers must capitalize the cost of security and life safety systems over the 39-year depreciation life for buildings.
Subcommittee on Emergency Preparedness, Response, and Communications held the hearing, titled “How Effective Is the Science and Technology Directorate: Stakeholder Perspectives,” to hear the Science and Technology (S&T) Directorate’s stakeholders from academia, industry, and the first responder community about their perspectives on the benefits and challenges of working with the directorate at the Department of Homeland Security (DHS).
The Security Industry Association (SIA) has endorsed H.R. 3548, the Border Security for America Act of 2017 (BSAA), authored by House Homeland Security Chairman Michael McCaul, R.-Texas, and co-sponsored by more than 60 members of Congress.
The Security Industry Association (SIA) unveiled a comprehensive plan to assist its members to Grow the Security Talent Pipeline. By grouping resources for workforce development under one umbrella plan, SIA intends to augment its capabilities to help security companies—manufacturers, integrators, service providers, and others—to hire qualified talent.
The British Security Industry Association and its American equivalent, the Security Industry Association (SIA), have jointly signed a memorandum of understanding (MOU) to establish the foundations of a long-term working relationship in anticipation of closer trade links between the two countries following Brexit and the election of President Trump. Signed by the Chief Executives of both Associations at London’s historic Benjamin Franklin House as part of the SIA’s visit to London last month.
During the 2017 SIA GovSummit, SIA Chairman Denis Hebert announced that Kathleen Carroll, Vice President, Government Affairs, HID Global, would assume responsibilities as chair of the Security Industry Association (SIA) Data Privacy Advisory Board. Hebert also announced that Craig Sharman, Director, Federal Government Relations, Johnson Controls Inc., would chair the SIA Government Relations Committee, a position previously held by Carroll.
SIA formed SecurityPAC to bolster its advocacy efforts to fully engage within U.S. political process on matters affecting the security industry. The PAC will raise funds solely from SIA members to support candidates for federal office who champion issues important to the industry. And SecurityPAC will support matters pertaining but not limited to issues such as homeland security, cybersecurity, federal procurement and critical infrastructure protection.
The Security Industry Association (SIA) announced its establishment of the SIA Public Safety Working Group, chaired by Steve Surfaro, Industry Liaison, Axis Communications. SIA stands up the SIA Public Safety Working Group to develop recommendations to improve the safety, security, and sustainability of cities and communities using technology, said SIA CEO Don Erickson.
The Security Industry Association (SIA), the nonprofit association representing global security companies, and University of Phoenix have awarded full-tuition scholarships to 11 full-time employees from SIA member companies. Scholarship recipients will have the opportunity to complete a bachelor’s or master’s degree program at University of Phoenix. To be considered for the University of Phoenix SIA Scholarship, applicants wrote three essays and provided a letter of recommendation. High importance was placed on the applicants’ desire to advance in their education, with an emphasis on furthering their careers, and their impact in the security industry in which they reside.