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November CEO Report: Legislative & Regulatory Update

Amy Fennell • Nov 20, 2017

Norman Morris provides REALTOR® members an update on federal legislative activities and state regulatory items that will have an impact on the real estate industry and Louisiana's homeowners. Issues discussed in this Message from the CEO include:


1) National Flood Insurance Program (NFIP) - Congress continues to work for a permanent reauthorization before the December 8 deadline


NFIP Reform Bill Passes House with Bipartisan Support


2) Tax Reform Proposal & Homeowners - A version of tax reform proposals passed the House last week, but some items are detrimental to incentives for homeownership. There is an ongoing CALL FOR ACTION to the Senate as the proposals head there for debate.


Text REALTORS to 30644 and let your voice be heard. 


Side by Side Comparison of House & Senate Tax Legislation


3) Changes are coming to the Residential Property Disclosure Form as a result of a pending legal case. 


Seller's Responses to Property Disclosure Document


4) Broker Mandatory CE - Reminder to all broker licensees that this 4 hour course must be taken in order to renew your license. Failure to do so will result in fines and penalties. 


Broker Mandatory CE Offerings

NAR President Kevin Sears’ Update from the Road at Broker Summit

By Louisiana REALTORS® • 23 Apr, 2024
Last week, NAR President Kevin Sears checked in from the NAR Broker Summit, where he learned new tools to strengthen his business alongside several hundred fellow brokers. Next stop, Washington, DC for the REALTORS® Legislative Meetings, where we’ll show Congress our grassroots strength in action. We encourage you to watch Kevin’s video here to learn more about what NAR is advocating for this year at RLM. As always, the overarching theme is increasing access to homeownership. This video is also in the video section of our website. Stay tuned for Kevin’s next update.

Motion Filed for Preliminary Approval of Settlement Agreement

By Louisiana REALTORS® • 22 Apr, 2024
Update from Katie Johnson, NAR Chief Legal Officer and Chief Member Experience Officer

Session Scoop: April 19, 2024

By Louisiana REALTORS® • 19 Apr, 2024
Bill Tracking Report as of 4/19/2024
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