City Councilor Lisa Joi Stancil introduced a proposal in mid-January that would pass along city-imposed burglar alarm registration fees to monitoring companies, according to the Baltimore Sun. The city enacted a law in April 2002 that required registration fees for security systems and imposed fines for repeated false alarms.
ARLINGTON, Va. - An improvement in venture capital fund-raising activity overall, and a continued interest in security-related companies in particular, is on the horizon for this year, according to the National Venture Capital Association, based here.
WASHINGTON - Just days before the end of the 2003 legislative session, lawmakers began discussions on a new piece of legislation that would grant businesses tax breaks for buying security equipment, the second such bill to be unveiled in 2003.
A maturing security industry, impacted by factors ranging from the false alarm issue to emerging technologies to mandates related to government contracts, is increasingly turning its attention to the creation and adoption of standards to keep it competitive and viable.
Most observers seem in agreement that standards administered and coordinated by the American National Standards Institute, which helps develop voluntary standards in the United States, will improve the industry and its standing within the global business community, as well as that industry-specific organizations should address issues related to their members.
The city and county of LaPorte has adopted an ordinance allowing police to fine businesses and homeowners for the cost of false dispatches from alarm systems unless there is a malfunction with the system.