Tag: legislative

Congress Approves $2.2 Trillion Economic Stimulus Package

Congress Approves $2.2 Trillion Economic Stimulus Package

Congress has approved a $2.2 trillion economic stimulus package in response to the coronavirus pandemic that has wreaked havoc on the U.S. economy. The CARES Act includes several provisions to help small businesses and those engaged in the residential construction sector.

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Congress Approves Coronavirus Response Act Requiring Employer-Paid Sick and Medical Leave

Filed in Capitol Hill, Labor, Safety and Health by on March 16, 2020 8 Comments
Congress Approves Coronavirus Response Act Requiring Employer-Paid Sick and Medical Leave

On March 14, the House passed H.R. 6201, the Family First Coronavirus Response Act, which would guarantee free coronavirus testing, establish paid leave for all employees, enhance unemployment insurance, expand food security initiatives and increase federal Medicaid funding. The House updated the bill two days later. The Senate passed the House revision on March 18 and President Trump signed the measure into law.

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Terrorism Risk Insurance Extended for 7 Years

Filed in Capitol Hill, Multifamily by on January 7, 2020 0 Comments
Terrorism Risk Insurance Extended for 7 Years

In a win for multifamily developers, Congress approved an NAHB-supported provision that reauthorizes the Terrorism Risk Insurance Act (TRIA) for seven years through Dec. 31, 2027 as part of fiscal 2020 appropriations legislation that was approved at the end of the year.

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A Look Back at Significant Wins in 2019

A Look Back at Significant Wins in 2019

NAHB achieved a number of significant victories in 2019 on a broad range of issues, including housing affordability, taxes, regulations and more.

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Congress Revives Expired Tax Extenders, Makes Other Key Tax Changes

Filed in Capitol Hill, Sustainability & Green Building by on December 17, 2019 4 Comments
Congress Revives Expired Tax Extenders, Makes Other Key Tax Changes

Congress approves a package of tax changes that include a number of provisions sought by NAHB, including a series of temporary tax provisions known as “tax extenders.”

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House Bill Prohibits Pre-Dispute Arbitration in Consumer Contracts

Filed in Business Management, Capitol Hill, Legal by on September 20, 2019 14 Comments
House Bill Prohibits Pre-Dispute Arbitration in Consumer Contracts

Acting against the strong objections of NAHB, the House today approved the Forced Arbitration Injustice Repeal Act (H.R. 1423), legislation that would prohibit two parties from including in a contract a pre-dispute arbitration agreement. NAHB strongly supports the use of alternative dispute resolution (ADR), including binding arbitration, in consumer contracts.

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House Passes NAHB-Supported Appraiser Bill

Filed in Capitol Hill by on September 11, 2019 0 Comments
House Passes NAHB-Supported Appraiser Bill

The House yesterday passed NAHB-supported legislation that would allow state licensed appraisers to perform Federal Housing Administration (FHA) appraisals.

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NAHB Continues to Push Back Against Rent Control

Filed in Affordability, Codes and Regulations, Multifamily by on September 6, 2019 3 Comments
NAHB Continues to Push Back Against Rent Control

Rent control legislation is being considered in California that will exacerbate housing shortages and drive up rents.

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Trump Signs Bill Into Law that Abolishes VA Loan Limits

Trump Signs Bill Into Law that Abolishes VA Loan Limits

President Trump has signed a veterans health bill into law that also abolishes the conforming loan limits on VA loans beginning Jan. 1, 2020 for veterans who do not have an outstanding loan guaranteed by the Department of Veterans Affairs.

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Bipartisan Codes Bill Promotes Affordability, Energy Savings

Bipartisan Codes Bill Promotes Affordability, Energy Savings

Reps. Kurt Schrader (D-Ore.), Bill Flores (R- Texas), Tom O’Halleran (D-Ariz.), Collin Peterson (D-Minn.) and Lou Correa (D-Calif. today introduced bipartisan legislation that would foster the development of energy efficiency baselines for buildings while ensuring that home builders and home owners are not burdened by unreasonable regulations.

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