Tag: tax reform

NAHB Advocacy: Money in Your Pocket

Filed in Codes and Standards, Housing Finance, Membership by on February 2, 2018 3 Comments
NAHB Advocacy: Money in Your Pocket

NAHB economists have put a dollar value on selected member benefits and advocacy victories achieved in 2017. Add it up, and you get an average of $7,500 per housing start for a typical home builder.

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Tax Reform and HELOCs: What Now?

Filed in Codes and Standards, Economics, Remodeling by on January 29, 2018 3 Comments
Tax Reform and HELOCs: What Now?

As the dust settles on last month’s tax reform debate, remodelers and their clients may see conflicting information about home equity credit lines (HELOCs) and second mortgages – traditionally, important funding sources for major home renovation work. Here’s a little clarity.

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Trump Signs Tax Bill into Law

Filed in Advocacy by on December 22, 2017 2 Comments

President Trump today signed into law landmark tax reform legislation. “Providing tax relief for hard-working families and creating a more favorable tax climate for small business will make the economy more vibrant and competitive,” said NAHB Chairman Granger MacDonald. “In turn, this will boost the housing sector, which represents roughly one-sixth of the U.S. economy. Housing not only equals jobs, but jobs mean more demand for housing.”

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Congress Approves Tax Reform Legislation, Bill Now Awaits President’s Signature

Filed in Advocacy by on December 20, 2017 0 Comments
Congress Approves Tax Reform Legislation, Bill Now Awaits President’s Signature

The Senate shortly before 1 a.m. this morning approved landmark tax reform legislation, the Tax Cuts and Jobs Act. The House passed the bill yesterday but had to revote today because technical changes were made to the Senate bill. The House approved the amended bill several hours later, and President Trump is expected to sign the measure into law in the near future.

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House Passes Tax Reform Measure

Filed in Advocacy by on December 19, 2017 0 Comments
House Passes Tax Reform Measure

On a 227-203 vote, the House of Representatives today approved the Tax Cuts and Jobs Act, sending the legislation to the Senate for approval. NAHB was at the forefront of the tax reform debate, earning earned clear victories on the real estate exception to the business interest deduction, second homes, private activity bonds, the capital gains exclusion and many other provisions.

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NAHB Supports Final Tax Bill

Filed in Advocacy by on December 16, 2017 21 Comments
NAHB Supports Final Tax Bill

House and Senate conferees have produced a final conference report on the Tax Cuts and Jobs Act, tax reform legislation that will be voted on by each chamber next week. NAHB fully supports this final tax bill and believes it will help middle-class families, maintain the nation’s commitment to affordable housing and ensure that small businesses are treated fairly relative to large corporations. Lower tax rates and a fair tax code will spur economic growth and increase competitiveness, and that is good for housing.

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NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

Filed in Advocacy by on December 6, 2017 0 Comments
NAHB Leaders Hold Productive Talks with Lawmakers on Tax Reform

NAHB Chairman Granger MacDonald and CEO Jerry Howard met with key members of Congress today to push for the association’s housing priorities as the tax reform process moves to a House-Senate conference committee. The meetings were productive and NAHB remains optimistic about the key housing elements we are seeking in the final conference report.

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A Final Push on Tax Reform

Filed in Advocacy by on December 6, 2017 4 Comments
A Final Push on Tax Reform

As House and Senate conferees work to produce a final tax overhaul package, NAHB is urging congressional leadership to produce a conference report that provides the best outcome for home owners, renters and the small business community. We need you to join the fight.

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Senate Approves Tax Reform Bill

Filed in Advocacy by on December 2, 2017 25 Comments
Senate Approves Tax Reform Bill

Senate Republicans this morning narrowly approved legislation to revamp the nation’s tax code. While NAHB opposes the House-passed tax reform package, the Senate bill represents a step in the right direction.

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Tax Reform Advances on Capitol Hill

Filed in Advocacy by on November 17, 2017 5 Comments
Tax Reform Advances on Capitol Hill

The House on Nov. 16 passed The Tax Cuts and Jobs Act, tax reform legislation opposed by NAHB because of its detrimental effects to the housing market and middle-class families. Late that evening, the Senate Finance Committee advanced its version of tax reform legislation that NAHB believes is better for the housing sector. However, like the House bill, the Senate tax plan fails to provide a meaningful incentive for homeownership for the middle class.

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