Gov't Affairs, Govt - National Assoc. of Realtors® (NAR)

Colo. Senator Cosponsors Repatriation Bill

Senator Cory Gardner is co-sponsoring legislation to tax up to $2 trillion in corporate revenue that is currently stored in foreign banks to pay for domestic infrastructure projects.  S. 981, the Invest in Transportation Act of 2015 sponsored by Sens. Rand Paul (R-Ky.) and Barbara Boxer (D-Calif.) would offer companies a 6.5 percent tax rate… Continue reading Colo. Senator Cosponsors Repatriation Bill

Gov't Affairs, Govt - National Assoc. of Realtors® (NAR)

Repatriation Highway Funding Bill Finally Introduced

Senators Rand Paul (R-KY) and Barbara Boxer (D-CA) introduced S. 981, the Invest in Transportation Act of 2015, which would tax up to $2 trillion in corporate revenue currently stored abroad to pay for domestic infrastructure projects. Specifically, the legislation would offer companies a rate of 6.5-percent for voluntarily repatriating their offshore cash to the… Continue reading Repatriation Highway Funding Bill Finally Introduced

Gov't Affairs, Govt - National Assoc. of Realtors® (NAR)

Unlikely Duo Introduces Transportation Bill

Sens. Rand Paul (R-Ky.) and Barbara Boxer (D-Calif.) are introducing a transportation funding bill they say could bring back up to $2 trillion in corporate tax revenue currently in foreign banks to help pay for U.S. infrastructure projects. They said the measure would also extend federal transportation programs that are currently scheduled to expire in… Continue reading Unlikely Duo Introduces Transportation Bill

Gov't Affairs, Govt - Nation, Govt - National Assoc. of Realtors® (NAR)

Houses Passes Short-term Extension of Highway Trust Fund

The House easily passed a ten-month Highway Trust Fund patch yesterday on a lopsided vote, and with just over two weeks until DOT has to cut payments to states, the fate of fund now lies with the Senate. Across the Capitol, just hours before the House voted 367-55 for the bill, Senate Majority Leader Harry… Continue reading Houses Passes Short-term Extension of Highway Trust Fund

Gov't Affairs, Govt - Nation, Govt - State of Colorado

Real Estate and the State of the Union

NAR has offered its analysis recently regarding President Obama’s State of the Union speech and what it means for the real estate industry. First and foremost the President argued that the federal government should streamline rules that are making home purchases and mortgage refinances difficult for creditworthy households. He also urged Congress to tackle tax… Continue reading Real Estate and the State of the Union