There have been a number of developments in Washington, DC to share with you. TAX REFORM: Both the House and Senate have named the members of the conference committee. The committee will begin meeting next week, its goal is to send a final bill to the President by December 15, 2017. NAR will continue to run the Call for Action until the...
Ask your Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” NAR is launching a Call for Action (CFA) on Tuesday, August 22nd! This CFA will be sent to all REALTOR® members and will be asking the U.S. House of Representatives to pass H.R. 2874, “The 21st Century Flood Reform Act.” Click here for more information regarding the National Flood...
CALL FOR ACTION: Construction Litigation Reform Click here to take action. Ask your state senator to support SB 156, which fixes problems in current state law that have essentially brought the construction of new owner-occupied, multi-family housing such as condos to a halt. SB 156 would fix problems in the current law by providing a common sense and balanced solution that protects...
Due to the overwhelming response from REALTORS® in Colorado and across the country contacting their Senators, we are excited to report that H.R. 3700 passed the U.S. Senate on July 14, 2016! Once again the voices of REALTORS® were heard loud and clear on Capitol Hill and last night we scored a big win! Thanks to you, and more than 139,000 REALTORS®...
H.R. 3700 was passed by the U.S. House 427-0. Despite passing with NO OBJECTIONS, the U.S. Senate has not acted on H.R. 3700. This legislation provides significant benefits to taxpayers, homebuyers and the real estate market by: Removing a burdensome and expensive FHA Condo approval process Reducing FHA restrictions on the number of condos available to homebuyers Permanently streamlining Rural Housing Service loan processing More...
On Thursday, October 22, 2015, the House of Representatives Transportation and Infrastructure Committee will begin consideration on the surface transportation re-authorization legislation. One proposal would use Fannie Mae and Freddie Mac's credit risk guarantee fees to fund transportation programs. NAR and CAR strongly believe that a new tax on homeowners would also prevent Fannie Mae and Freddie Mac from effectively managing...
Next week the U.S. House of Representatives is scheduled to vote on H.R. 9 - The Innovation Act of 2015 which will take vital steps to protect the real estate industry from frivolous lawsuits brought by patent trolls. It is critical that you urge your Member of Congress to support this important legislation. Contact your Member of Congress to Stop Patent...
Sine Die! Wednesday, May 6th, the final gavel came down on the first session of the 70th General Assembly. In total, 682 bills were introduced. CAR tracked 71 bills this year and took a position on 36 of them. A split Legislature this year with Republicans controlling the Senate and Democrats controlling the House meant every bill sent to the Governor...
Last night, on a procedural motion, Senate Bill 284 was killed. Therefore, the press conference scheduled for today has been CANCELLED. The bill purported to address a so-called “loophole” in the use of urban renewal and tax increment financing on agricultural land for economic development projects but it is drafted solely to insulate a small group of hoteliers from perceived competition....
CALL FOR ACTION- OPPOSE Senate Bill 284 The Legislative Policy Committee (LPC) OPPOSES SB15-284, Voter Approval TIF Payments Ag Land, by Senate President Bill Cadman (R-Colorado Springs), Senate Majority Leader Mark Scheffel (R-Parker), Representative Ed Vigil (D-San Luis) and Representative Paul Lundeen (R-Monument). This legislation is designed specifically to kill the Gaylord Rockies Hotel and Conference Center. The late bill purports...