New criteria and Banach spaces are presented (for example, $GL$-spaces and Banach spaces with property $(\alpha)$) that ensure that the Boolean algebra generated by a pair of bounded, commuting Boolean algebras of projections is itself bounded. The notion of $R$-boundedness plays a fundamental role. It is shown that the strong operator closure of any $R$-bounded Boolean algebra of projections is necessarily Bade complete. Also, for a Dedekind $\sigma <formula form="inline" disc="math" id="frm006"><formtex notation="AMSTeX">$-complete Banach lattice $E$, the Boolean algebra consisting of all band projections in $E$ is $R$-bounded if and only if $E$ has finite cotype. In this situation, every bounded Boolean algebra of projections in $E$ is $R$-bounded and has a Bade complete strong closure.
