Pending legislation to even the tax-collection playing field between Internet retailers and bricks-and-mortar retailers is an important issue for commercial real estate professionals, because their clients face a disadvantage against out-of-state Internet retailers on tax collection.
On March 18, 2013, NAR, in coalition with other industry groups, sent a letter to the Senate in support of a proposed amendment to the fiscal year 2014 Senate Budget Resolution which would implement S. 336, the Marketplace Fairness Act.
Fifty-one bipartisan members of the U.S. House of Representatives sent a letter to Acting Administrator of the EPA Robert Perciasepe addressing the EPA’s recent proposed rule on lead paint in commercial buildings.
2013 NAR President Gary Thomas has great news to share about the Consumer Mortgage Choice Act, a bipartisan legislative effort that clarifies how points and fees are calculated and ensures consumers have access to affordable mortgage credit.
President Gary Thomas testified at a hearing of the House Ways and Means Committee entitled “Tax Reform and Residential Real Estate.”
Senators introduced S. 766 to grandfather existing communities eligible for rural housing programs.
Immigration reform remains a top priority of the Administration and many in Congress. On April 16, 2013, a bipartisan group of 8 Senators introduced a comprehensive immigration reform bill, S. 744, The Border Security, Economic Opportunity, and Immigration Modernization Act.
The Department of Housing and Urban Development (HUD) plans to close sixteen field offices.
Thirty Republican senators are pressing the Obama administration to scrap its controversial guidance for clarifying convoluted oversight of wetlands and other water resources as U.S. EPA prepares to take up a rulemaking on the issue.
As Congress pursues comprehensive tax reform it should focus on doing no harm to housing and America’s 75 million homeowners by maintaining current tax laws for homeownership and real estate investment, the National Association of Realtors® said in testimony today.