Federal Issues & Legislation

National Flood Insurance Program Update
Federal

For most of the year, you have heard how the National Association of REALTORS (NAR) has made enacting a five-year reauthorization of the National Flood Insurance Program (NFIP) a top priority for 2017. NAR was successful on July 19th at reaching an agreement that shows promise of achieving that goal.

Highlights From the NAR Board of Directors Meeting
Federal
After visiting members of Congress and the U.S. Senate, the important business of the NAR takes place. On Saturday, May 20, the NAR Board of Directors met to discuss pressing issues for REALTORS and our industry. The BOD debated matters such as changing the structure of Consumer Financial Protection Bureau (CFPB), opposing rent control measures and implementing legislation to prevent frivolous ADA lawsuits.
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.

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