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The Washington Report covers legislative and regulatory policy activities, and is compiled by NAR's Government Affairs policy staff. To receive this content via email, subscribe to NAR's Weekly Report newsletter and check the "legislative & regulatory issues" box.

3.8% Tax Will Go Into Effect in 2013

June 29, 2012: 

REALTORS® should familiarize themselves with the tax, but should not advise their clients about the application of the tax.

Supreme Court Upholds the Constitutionality of the Health Reform Law

June 29, 2012: 

On Thursday, June 28th, the Supreme Court issued its decision on the constitutionality of the Affordable Care Act (ACA).

Supreme Court Dismisses First American RESPA Appeal

June 29, 2012: 

Overshadowed by the Supreme Court’s June 28 decision on the Affordable Care Act, the Court also reversed course and dismissed the appeal of First American Corporation in First American Financial Services v. Edwards challenging whether a claim alleging RESPA violations can be brought in the absence of actual financial injury to a plaintiff.

NAR Testifies Before House Subcommittee on Appraisal Issues

June 29, 2012: 

On June 28, 2012, Frank Gregoire testified before the House Financial Services Subcommittee on Insurance, Housing and Community Opportunity on behalf of the National Association of REALTORS® (NAR).

The House Oversight and Government Reform Committee Passes the GSA Act of 2012

June 29, 2012: 

On Wednesday, June 27, the House Oversight and Government Reform Committee passed legislation that eases proposed limitations on government employee attendance at conferences, including those held by trade associations like NAR.

Federal Surface Transportation Program Reauthorized

June 29, 2012: 

The U.S. Senate and House of Representatives both approved H.R. 4348, the Surface Transportation Conference Report. The bill authorizes federal surface transportation spending programs through Sept. 30, 2014.

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