Last month, millions of voters in Texas stood in long lines to vote on Super Tuesday. This year was another record year for voting; however, voting is just the first step in being engaged in the political process. The next step is determining what issues are on the horizon, that may have a positive or negative impact on your business and livelihood.
In May, thousands of REALTORS® will visit Washington, D.C. to meet with their federal legislators and discuss bills in the 116th Congress. The National Association of REALTORS® just released its 2020 Advocacy Agenda in preparation for May Hill Visits. For the full agenda please visit: www.nar.realtor/political-advocacy/federal-advocacy/nar-s-federal-advocacy-agenda-116th-congress.
2020 Advocacy Agenda
- Federal Taxation
Tax Benefits for Property Ownership
State and Local Tax Deduction
1031 Like-kind Exchange - Infrastructure
Transit
Critical systems (water, ports, etc.)
Broadband Internet Access - Environment
Flood Insurance
Energy Efficient Commercial Buildings Deduction - Commercial
Opportunity Zones
SAFE Banking - Business Operations Issues
Association Health Plans
Technology - Housing Affordability
GSE Reform
Qualified Mortgage
Federal Mortgage Programs
Alternative Credit
These issues correlate with HAR’s Governmental Affairs and Advocacy agenda for 2020. A key issue at the local, state and federal level is Housing Affordability.
If you would like to participate in NAR’s Legislative Meetings and Trade Expo, May 11-16, check out www.legislative.realtor/registration-options/.