November CEO Report: Legislative & Regulatory Update

Amy Fennell • November 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

Consumer Guide Update: Teen Financial Literacy

By Louisiana REALTORS® • October 9, 2026
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.

Constitutional Amendment Positions for November 3 Election

By Louisiana REALTORS® • October 9, 2026
Homeownership Is on Louisiana's November Ballot

Cookbook for the REALTORS® Relief Foundation On Sale Now!

By Louisiana REALTORS® • October 8, 2026
After months of gathering recipes from across our Louisiana REALTORS® family, the cookbook is ready! This 200+ page collection is filled with Louisiana flavor, REALTOR® heart and recipes contributed by our members. We launched sales of the cookbook at the Fall Governance Meetings. You can now purchase your copy for $30 directly from the printer and shipped to you! Additionally, we will have copies available at the RRF booth at NXT . After NXT, we will carry a limited stock at the LR office for you to purchase through the LR Merch Shop and pick-up from the office or at an LR event, as stock is available. Even better, $15 from every cookbook sold will be donated to the REALTORS® Relief Foundation (RRF) to help provide housing-related assistance to REALTORS® and their families following disasters. Pick up a copy for yourself, grab one as a gift and enjoy a taste of Louisiana while supporting a great cause!
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