Colorado Association of REALTORS | Congress
308
archive,paged,tag,tag-congress,tag-308,paged-2,tag-paged-2,edgt-core-1.0,ajax_fade,page_not_loaded,,colorado association of realators-child-ver-1.0.0,hudson-ver-1.5, vertical_menu_with_scroll,smooth_scroll,blog_installed,wpbdp-with-button-styles,wpb-js-composer js-comp-ver-6.0.3,vc_responsive

Congress Tag

Capitol Connection Banner

Capitol Connection – January 2018

The Second Regular Session of the 71st General Assembly Kicks Off in 2018! The first gavel of the second session of the 71st General Assembly came down on Wednesday, January 10th.  The session is already off to a quick start with 179 bills introduced in the first week.  We expect this to be a busy year for property rights and housing...

NAR Fights for the Real Estate Industry

The National Association of REALTORS strives to influence and shape the real estate industry.  So it should be no surprise they put full force into the recent two public policy changes sweeping through Washington, D.C.   NAR worked tirelessly on tax reform and net neutrality, two policy changes that could have powerful impacts on the real estate world.   In regards to Tax...

Potential Change in GOP Tax Comes at a Cost

Changes in the tax code could have pricey implications for homeowners if the GOP Tax Proposal passes.  Cuts elsewhere are causing Congress to find other ways to make up the money.  One area they are looking to make up the money is taxes associated with real estate.   Currently, homeowners are encouraged to stay in their home for two years and are...

Tax Reform Update

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...

National Flood Insurance Program Extended

On Thursday, September 7, the Senate voted to pass a three-month extension of the National Flood Insurance Program (NFIP). The House of Representatives passed the legislation on Friday, September 8, 2017, and the President signed the bill into law later that day.   This legislation ensures that the NFIP will not lapse on September 30, 2017, and will be extended until December...

Ask Your Representatives to Pass The 21st Century Flood Reform Act

The National Association of REALTORS (NAR) needs your help to drive messages to Members of Congress urging them to support H.R. 2874, “The 21st Century Flood Reform Act."   H.R. 2874 reauthorizes the NFIP and makes a number of critical improvements to the NFIP including increased funds for mitigation activities, caps on overall premium increases, improved claim and mapping processes, as well...

2016 Election Recap

What the 2016 election results mean for Colorado REALTORS®. “Pundits Befuddled!” is how news headlines could have described the 2016 elections. Pundits, and the world, were stunned by Donald Trump’s inconceivable victory. Perhaps even more unexpected than the Presidential race, was the fact that Republicans retained their U.S. Senate majority. As of Friday, November 10th, a few Colorado counties were still...

The Impact of National Flood Insurance Program

As of May 1, 2014, all buyers of older properties (“pre-FIRM”) will see a premium rate reduction under the Homeowner Flood Insurance Affordability Act of 2014. Instead of jumping to “full cost” for flood insurance, buyers will assume the seller’s Oct-2013 rate for a pre-FIRM property. NAR prevailed upon FEMA to implement this provision seven months early.  FEMA also extended the rate relief...