Federal Issues & Legislation

Congress to Hear From REALTORS
Federal

Registration is still open for the REALTORS® Legislative Meetings & Trade Expo in Washington, DC, May 15th - May 20th. This meeting is a great opportunity for REALTORS from all over the country to speak directly to their members of Congress on matters that affect the real estate industry.

Washington Looks at Flood Insurance
Federal

The National Flood Insurance Program (NFIP) is garnering attention in Washington, D.C. Both the House and Senate have held hearings on NFIP in recent days. Because the NFIP must be reauthorized by September 30 in order to continue selling flood insurance, the House and Senate are holding these hearings to petition ideas on how to reform this program.

Home Ownership Tax Incentives Threatened
Federal

Efforts to reform the tax code are moving in Washington, DC. Tax incentives that boost investment across the country are being reviewed in the tax reform discussion. Programs such as the 1031 Like Kind Exchange, Mortgage Interest Deduction and property tax deductions are facing scrutiny.

Atlanta REALTORS® Hosts U.S. Senator Isakson at Major Investor Event
RPAC

Johnny Isakson, emeritus member of the Atlanta REALTORS®, United States Senator and twenty-nine time Sterling "R" RPAC investor spent the evening with other Atlanta REALTORS® Major RPAC investors on September 1st at the Georgian Club.

NAR-backed Condo Legislation Passes U.S. Senate, Offers Relief for Homebuyers
Federal

The U.S. Senate passed the Housing Opportunity through Modernization Act of 2016 passed the U.S. Senate on July 14. More than 139,000 REALTORS® across the nation responded to a Call for Action to urge the Senate to vote on the bill. NAR calls the legislation a significant step toward eliminating barriers to safe, affordable mortgage credit for condos.

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