Bipartisan legislation supported by NAR was introduced in the Senate and House that would subject Property Assessed Clean Energy (PACE) loans to the same Truth in Lending Act (TILA) consumer protections required of other mortgage products. In the Senate, Senators Tom Cotton (R-AR), Marco Rubio (R-FL), and John Boozman (R-AR) introduced the legislation. The HouseContinue reading “Nation: PACE Reform Bills Introduced”
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Colorado Association of REALTORS: Legislative Update
Senate Bill 17-215 “Sunset Licensed Real Estate Brokers & Subdivision Developers” CAR Position – Support. This bill, which continues the Division of Real Estate, the Real Estate commission and the regulation of real estate brokers until 2026. It passed second reading in the Senate on March 27. The bill directs the Real Estate Commission toContinue reading “Colorado Association of REALTORS: Legislative Update”
Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session
CAR’s Legislative Policy Committee (LPC) discussed key issues it will likely address in the upcoming session. First on the list was the Division of Real Estate’s sunset review. The Department of Regulatory Agencies (DORA) will issue a report in November outlining any regulatory changes it recommends. CAR recommend changes to continuing education (45 credits overContinue reading “Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session”
Loveland City Council Begins Review of Capital Expansion Fees
Like all jurisdictions, periodically the Loveland City Council is required to review and revise the impact fees charged for new development. The City Council took the first step in this process by comparing the fees charged in Loveland with other cities in the region. According to a staff report, the fee for a single-family residenceContinue reading “Loveland City Council Begins Review of Capital Expansion Fees”
House Passes Cybersecurity Legislation
On April 26th, the House passed the Cyber Intelligence Sharing and Protection Act (CISPA.) The legislation would allow the government to relay cyber threat information to a company to prevent cyber attacks. In the private sector, corporations could alert the government and provide data that could stop an attack intended todisrupt the country’s water supplyContinue reading “House Passes Cybersecurity Legislation”