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

Nation: PACE Reform Bills Introduced

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 House… Continue reading Nation: PACE Reform Bills Introduced

Gov't Affairs, Govt - State of Colorado

Colorado: Transportation Bill Moves to Senate

HB-1242 “Transportation Infrastructure Funding” had its first committee hearing in the Senate’s Transportation Committee on April 11. It passed out of the committee on a 3-2 vote but that could spell trouble for the bill. While HB-1242 is co-sponsored by the Senate President, a Republican, Senators John Cooke (Greeley) and Ray Scott (Grand Junction), voted… Continue reading Colorado: Transportation Bill Moves to Senate

Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

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 to… Continue reading Colorado Association of REALTORS: Legislative Update

Gov't Affairs, Govt - Nation

Nation: Flood Insurance Hearings

The House of Representatives held the first of several hearings on the National Flood Insurance Program (NFIP). The Senate held a hearing on March 14. The NFIP must be reauthorized to continue selling flood insurance after September 30 of this year. The purpose of these hearings is to solicit ideas for how to restructure the… Continue reading Nation: Flood Insurance Hearings

Gov't Affairs, Govt - CO Assoc. of Realtors®, Govt - State of Colorado

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 over… Continue reading Colorado Association of REALTORS: Legislative Policy Committee Looks Towards 2017 Session

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

Nation: NAR Testifies on Flood Insurance

On June 30, 2016, Vice Chair David McKey of NAR’s Insurance Committee testified on the small business impacts of inaccurate flood insurance rate increases. The National Flood Insurance Program (NFIP) is up for renewal next year, and must be reauthorized before September 30, 2017 in order to continue providing flood insurance in 22,000 communities nationwide… Continue reading Nation: NAR Testifies on Flood Insurance

Gov't Affairs, Govt - State of Colorado

Colorado: Transportation Bills Doomed by Partisanship

After weeks of negotiations with legislative leaders, the transportation bonding bill advocated by the Northern Colorado Legislative Alliance (NCLA) was introduced in the last weeks of the session. SB-210 would ask Colorado voters to allow the State to incur debt for a list of highway projects across the State by issuing $3.5 million worth of… Continue reading Colorado: Transportation Bills Doomed by Partisanship

Gov't Affairs, Govt - CO Assoc. of Realtors®

CAR: Legislative Update

Senate Bill-177 “Construction Defects” CAR Position: Support. CAR staff had hoped to see the bill move forward by now. Although it was introduced on Feb. 10 it hasn’t been scheduled for its first hearing on the Senate side because the Speaker of the House, Dickie Lee Hullinghorst opposes it. http://www.denverpost.com/Opinion Negotiations continue but there’s no… Continue reading CAR: Legislative Update

Govt - Nation

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 supply… Continue reading House Passes Cybersecurity Legislation