Tag: legislative
NAHB Senior Officers Bring a Housing Agenda to Capitol Hill
NAHB Chairman Chuck Fowke and First Vice Chairman Jerry Konter recently conducted virtual and in-person meetings with congressional leaders to urge them to keep housing in the forefront of the national agenda.
Biden Signs $1.9 Trillion Stimulus Bill Into Law
President Biden signed the $1.9 trillion COVID-19 relief package into law on March 11.
Senate Passes $1.9 Trillion COVID Relief Package
On a party line vote of 50-49, the Senate today passed President Biden’s $1.9 trillion COVID-19 relief package. The legislation differs slightly from the bill passed by the House on Feb. 26. As a result, the House will vote on the amended Senate version before the end of next week.
House Passes Anti-Business Labor Bill Strongly Opposed by NAHB
The House on March 9 approved legislation strongly opposed by NAHB that contains dozens of sweeping labor law revisions that would negatively affect the construction labor market at a time of critical skilled worker shortages.
NAHB Opposes House Bill to Eliminate Carried Interest
Rep. Bill Pascrell (D-N.J.), along with Reps. Andy Levin (D-Mich.) and Katie Porter (D-Calf.), this week introduced H.R. 1068, the Carried Interest Fairness Act of 2021. The bill would impose a major tax increase on real estate by generally requiring carried interest to be classified as ordinary income rather than a capital gain.
Biden Stimulus Plan on a Legislative Fast Track
Twelve House committees have begun consideration of President Biden’s $1.9 trillion COVID relief plan using a procedural process known as reconciliation. Reconciliation allows the legislation to avoid the Senate filibuster, meaning a simple majority vote is needed for Senate passage, but also imposes some limitations on what can be included in the bill.
House Passes Apprenticeship Legislation
The House today approved the National Apprenticeship Act of 2021 (H.R. 447), legislation that would expand youth and adult access to instruction in the skilled trades.
Key Housing Provisions in $900 Billion Relief Bill Passed by Congress
A $900 billion economic relief package approved by the House and Senate tonight includes key provisions that NAHB championed. The bill provides small businesses relief from burdensome loan forgiveness requirements, helps struggling renters and owners with dedicated rental assistance, strengthens the Low-Income Housing Tax Credit and assists HBAs that have largely been excluded from previous relief measures.
A Win on Beneficial Ownership Reporting Requirements
In a win for NAHB, House and Senate negotiators have agreed on “beneficial ownership” legislation that addresses key builder concerns after NAHB negotiated directly with key congressional leaders.
NAHB Seeks Quick Resumption of Coronavirus Stimulus Talks
President Trump announced today that he is calling off coronavirus stimulus negotiations with Democrats until after the November election. NAHB is urging the White House and Democrats to put politics aside and move quickly to resume talks that will result in a relief package that will help American home owners, renters and small businesses.
