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Treasury Releases Draft Regulations for 20% Pass Through Entities

Filed in Codes and Regulations by on August 8, 2018 0 Comments
Treasury Releases Draft Regulations for 20% Pass Through Entities

The Treasury Department today released draft regulations for the new 20% pass through entity deduction under the Tax Cuts and Jobs Act of 2017.

The proposed regulations concern the deduction for qualified business income under Section 199A of the Internal Revenue Code.

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Administration Proposes Modernizing Mortgage Lending

Filed in Codes and Regulations by on August 3, 2018 0 Comments
Administration Proposes Modernizing Mortgage Lending

The Treasury Department released a report on July 31 addressing advances in financial market technology and related changes in the delivery of financial services. The report includes recommendations for legislative and regulatory action to streamline and modernize mortgage lending and servicing.

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NAHB, USA Today Debate Merits of Updating the Endangered Species Act

Filed in Codes and Regulations, Environmental by on August 2, 2018 2 Comments
NAHB, USA Today Debate Merits of Updating the Endangered Species Act

In a point-counterpoint published on USA Today’s opinion page on Aug. 2, NAHB Chairman Randy Noel and the USA Today editorial board debated the merits of the Trump administration’s proposed changes to the Endangered Species Act.

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National Flood Insurance Program Receives 4-Month Extension

Filed in Capitol Hill by on July 31, 2018 0 Comments
National Flood Insurance Program Receives 4-Month Extension

The Senate voted today to approve House-passed legislation that will extend the National Flood Insurance Program (NFIP) until Nov. 30. Absent congressional action, the program would have expired at 11:59 p.m. tonight.

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DOL Issues Guidelines for Industry-led Apprenticeships

Filed in Codes and Regulations by on July 30, 2018 0 Comments
DOL Issues Guidelines for Industry-led Apprenticeships

The Department of Labor issued guidelines last week for the creation of industry-led apprenticeship programs. The order is a step toward implementing President Trump’s executive order Expanding Apprenticeships in America that was issued last year.

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A Looming $1 Billion Tax on Housing

Filed in Economics by on July 27, 2018 41 Comments
A Looming $1 Billion Tax on Housing

President Trump’s plans to propose 10% tariffs on $200 billion worth of Chinese imports — including nearly 500 products used in residential construction — could have major ramifications for the housing industry.

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House Extends Flood Insurance Program Through Nov. 30

Filed in Capitol Hill by on July 25, 2018 0 Comments
House Extends Flood Insurance Program Through Nov. 30

With a July 31 deadline looming, the House today approved a four-month extension of the National Flood Insurance Program (NFIP) until Nov. 30. It is anticipated that the Senate will approve a similar bill before the NFIP is set to expire on July 31.

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Congress Reauthorizes Perkins CTE Act

Filed in Capitol Hill by on July 25, 2018 0 Comments
Congress Reauthorizes Perkins CTE Act

The House and Senate this week voted to reauthorize the Carl D. Perkins Career and Technical Education (CTE) Act. Last reauthorized in 2006, the program provides grants to states to fund vocational programs for high school and college students.

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NAHB, HBI Pledge to Train 50,000 Workers Over Next 5 Years

Filed in Labor, Safety and Health by on July 19, 2018 3 Comments
NAHB, HBI Pledge to Train 50,000 Workers Over Next 5 Years

Attending a White House event on workforce development, NAHB Chairman Randy Noel pledged that NAHB will work with HBI to educate and train 50,000 new workers over the next five years for a career in the construction trades.

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DOL Officially Kills ‘Persuader Rule’

DOL Officially Kills ‘Persuader Rule’

In a victory for NAHB, the Department of Labor (DOL) today officially rescinded the Obama-era “persuader rule’ that would have unfairly required lawyers and consultants to report to the DOL when counseling employers concerning union organizing.

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