On May 9, 2017, NAR submitted a comment letter to the Appraiser Qualifications Board (AQB) in response to the Third Exposure Draft concerning proposed changes to the AQB's Real Property Appraiser Qualification Criteria. NAR agreed with the AQB's removal of the degree requirement for licensed residential appraisers, the basic appraiser qualification, and to instead require completion of 150 AQB Core Curriculum credit hours. NAR also agrees with the AQB's proposed removal of the minimum time limits on obtaining experience hours for all appraiser... Read More
On Thursday, May 4, 2017, the House approved H.R. 1638, the American Health Care Act (AHCA) on a vote of 217 – 213. All of the Democratic Representatives and 20 Republicans opposed the bill. The legislation replaces some provisions of the Affordable Care Act. The bill now heads to the Senate for consideration. The outlook for the bill in the Senate is unclear, with concerns being raised by Senators of both parties.
The AHCA would eliminate the Affordable Care Act’s (ACA) individual and employer mandates and replace the ACA tax credits that reduce insurance premiums for... Read More
On May 10 at 2 PM EDT, NAR will conduct a live Town Hall Meeting for REALTORS® who are planning to attend the 2017 REALTORS® Legislative Meetings & Trade Expo. NAR's Senior Vice President and Chief Lobbyist Jerry Giovaniello will be accompanied by NAR lobbyists highlighting the issues REALTORS® are to present during meetings in Capitol Hill offices. Jerry and the lobbyists will also answer questions to be submitted by the attendees.
In addition, a set of talking points to help you prepare for your Hill visits with your members of Congress will be... Read More
On Thursday, Apr. 27, both S. 976, "The Marketplace Fairness Act," and H.R. 2193, "The Remote Transactions Parity Act," were introduced in the Senate and House.
S. 976 is cosponsored by Senators Lamar Alexander (R-TN), Mike Enzi (R-WY), Dick Durbin (D-IL), and Heidi Heitkamp (D-ND); H.R. 2193 is cosponsored by Representatives Kristi Noem (R-SD), Steve Womack (R-AR), Jason Chaffetz (R-UT), Steve Stivers (R-OH), Lou Barletta (R-PA), John Conyers (D-MI), Jackie Speier (D-CA), Peter Welch (D-VT), Suzan DelBene (D-WA), and David Cicilline (D-RI). ... Read More
On Thursday, Apr. 27, the House Small Business Subcommittee on Economic Growth, Tax and Capital Access held a hearing: “Small Business: The Key to Economic Growth.” During the hearing, Members and the witness panel discussed the ways that small businesses contribute to the U.S. economy, through the creation of jobs and contributions to the GDP, as well as challenges small businesses face, including accessing capital and difficulty navigating the U.S. tax code. NAR sent a letter to the Subcommittee for the hearing, thanking them for addressing this... Read More