Legislative Update - March 31, 2022
Louisiana REALTORS • March 31, 2022
Your state legislators and LR Advocacy Team have been hard at work during the 2022 Regular Legislative Session but will get a short opportunity to regroup when the legislature goes into a veto session between Wednesday, March 29th and Sunday, April 3rd. No bills filed in the 2022 Regular Session will be considered during this time.
A few items of note that will be taken up the week of April 4th include Representative Polly Thomas’ bill to require wholesalers to have a real estate license, homeowners’ association disclosures and bills to improve Louisiana’s property insurance rates. Please be sure to check back late next week for updates.

Want Your Teen to Own a Home Someday? Start Talking Money Now Teens may not be thinking about mortgage rates or down payments just yet, but the money habits they’re building now can follow them for years. And 88% of teens surveyed by Fannie Mae and Junior Achievement said they want to own a home someday. This week’s Consumer Guide: Talk to Your Teens About Money and Homeownership makes those conversations a little easier, covering everything from credit scores and budgeting to debt, renting versus owning and saving for that eventual down payment. So yes, you may have to interrupt the doomscrolling. But helping teens get smarter about money today could put them in a much better position to get the keys to a home of their own down the road. Download all of NAR’s Consumer Guides in English or Spanish at facts.realtor. For ease of reference, below is a list of the most recent guides: NEW: Teen Financial Literacy Fraud Red Flags Helping Family Members Become Homeowners Prepare Your Home for Hurricane Season Condominium Insurance Thank you for your continued engagement with the “Consumer Guide” series and for sharing the resources with prospective clients to ensure they have the information they need to find success in their home buying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. The next Consumer Guide, scheduled for publication on Oct. 21, will cover winter cold and storm preparedness.




