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

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Get ready to press pause on your daily routine and join House Call Home Inspection for an unforgettable blend of education, networking and relaxation aboard the 2026 CE Cruise to Mexico. Departing from the Port of New Orleans aboard Carnival Valor, this annual House Call Cruise sets sail October 17–22, 2026, with ports of call in Cozumel and Progreso. Attendees can enjoy engaging continuing education opportunities, exclusive group activities, and all the dining, entertainment, and onboard experiences Carnival is known for — all while cruising to exciting destinations. While the official 2026 agenda will be released closer to departure, past cruises give a great preview of what attendees can expect. Sample activities and classes from a previous cruise included multiple CE class options, themed cocktail parties, costume night, group photos, a scavenger hunt, and elegant night festivities. Previous educational offerings featured courses such as Seller Ready, New Construction, and Home Inspection, taught by industry professionals — all conveniently hosted onboard, allowing attendees to earn CE credits without sacrificing the vacation experience. Cabin options are available in interior, oceanview and balcony categories, with pricing subject to change. Space is limited, and this popular cruise fills quickly each year. Booking & Travel Information To reserve your spot or ask questions about accommodations and pricing, contact the group travel agent: Chad Fleming Cruise Planners, Independent Franchise (337) 401-2033 chad.fleming@cruiseplanners.com www.timetogeauxtravel.com Please note that this CE cruise is not hosted by or affiliated with Louisiana REALTORS®. 
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