Kitchen & Bath Design News

JAN 2016

Kitchen & Bath Design News is the industry's leading business, design and product resource for the kitchen and bath trade.

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ASID Supports Passed Bill WASHINGTON, DC — The American Society of Interior Designers' main fed- eral legislative priority has been passed by Congress as part of the "tax extenders" bill. The Real Estate Investment and Jobs Act of 2015 includes a revision to the Foreign Investment in Real Prop- erty Tax Act (FIRPTA). In April, House Ways and Means Chairman Kevin Brady (R-TX-08) and Congressman Joseph Crowley (D-NY-14) re-introduced the Real Estate Investment and Jobs Act of 2015 to incentivize investment in commercial real estate properties across the country. "Passage of FIRPTA reform fulflls a primary mission of ASID as the 'One Voice' of the interior design industry; to create job opportunities for residential and commercial interior designers as well as our industry part- ners," says Randy Fiser, CEO of ASID. "This new law will also be a catalyst for updating our nation's building port- folio to meet the demand for interior spaces that are designed to be sustain- able, resilient and promote the health and wellness of its occupants." Now that the bill has been passed, hun- dreds of billions of dollars are expected to fow into real estate properties to fund interior renovations and construction, thereby creating economic opportunity for all interior designers – commercial and residential. NKBA Names 2016 Board HACKETTSTOWN, NJ — The National Kitchen & Bath Associ- ation has named its 2016 Board of Directors, representing a wide spectrum of industry segments. As part of the new governance structure, the nine-person Board of Directors will work with CEO Bill Darcy to guide the NKBA into the future, direct its resources and collaborate in a more nimble, efective and efcient manner, ac- cording to the association. The 2016 Board of Directors will be led by NKBA Chairman Mark Kovich, v.p. of sales and market- ing, Waypoint Living Spaces. The Board includes: Neil Bailey, pres- ident – CEO, Poggenpohl North America; Emilee Chappell, di- rector of marketing, TOTO USA; Denise Dick, CMKBD, owner, Signature Kitchens by Design; Timothy Ebner, v.p. of market- ing and business development, Perlick Corp.; Stephen Joseph; Lorenzo Marquez, v.p. of market- ing, Cosentino North America; Maria Stapperfenne, CMKBD, manager, Tewksbury Kitchens & Baths, and Chris Terrill, CEO, HomeAdvisor. January 2016 • KitchenBathDesign.com 15 W i t h o v e r 4 , 0 0 0 d e s i g n s t o s a m p l e , y o u r v i s i o n a w a i t s . O r d e r t o d a y a t w w w. To p K n o b s . c o m . 9 0 8 - 3 5 9 - 6 1 7 4 8 0 0 - 4 9 9 - 9 0 9 5 R e f l e c t y o u r p e r s o n a l s t y l e Circle No. 8 on Product Card

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