Legislative Update

Senate Bill-177 “Construction Defects” CAR Position: Support. The bill was introduced on Feb. 10 and was finally heard in committee on March 18 where it passed on a 6-2 vote. It is now scheduled for 2nd hearing in the Senate on March 31. The coalition is still negotiating with Speaker Dickie Lee Hullinghorst in theContinue reading “Legislative Update”

Construction Defects Call to Action

House Bill-1260 “Change Wildfire Mitigation Tax Deduction To Credit” was introduced on March 4 with its first hearing scheduled in the Finance Committee on March 24. The bill changes the wildfire mitigation income tax deduction to an income tax credit. The bill allows a landowner a credit of 25 percent of the costs incurred performingContinue reading “Construction Defects Call to Action”

2014 Election Most Successful to Date

The 2014 mid-year elections were historic by many measures, but particularly for the NAR and the REALTOR Party. It was NAR’s most successful election to date, winning over 90 percent of the REALTOR Party supported races.  Needless to say, real estate issues stand to be well represented in Congress over the next two years. InContinue reading “2014 Election Most Successful to Date”