RECAP: 2018 Legislative Session (Week 1)
LOUISIANA REALTORS • March 16, 2018
The first week of the 2018 Legislative Regular Session is over and very few substantive bills have been moved to the House or Senate floor. It is expected that many bills will be heard in committee next week and things will start moving at a faster pace. Louisiana REALTORS® will provide regular updates on items throughout session.
HOUSE BILL NO. 383 - LOUISIANA FIRST HOME
REALTOR® MEMBERS ARE ENCOURAGED TO RESPOND TO THE ACTIVE
CALL FOR ACTION AND CONTACT YOUR LEGISLATORS TO SUPPORT THIS BILL.
House Bill No. 383 by Representative Paula Davis (creating a rebate for first time home buyers) will be heard by the House Ways and Means Committee Tuesday, March 20th. Louisiana REALTORS® legislative team was at the Capitol this week promoting the bill and received mostly good feedback. However, there are legislators who are concerned about passing any type of rebate this year as the state continues to face a fiscal deficit.
CALL FOR ACTION - HB #383
LEGISLATIVE BILL REVIEW
Louisiana REALTORS® will conduct the annual bill review session on Wednesday, March 21st at LR offices. At this meeting, REALTORS® and staff go over close to one hundred bills that have been identified as potentially affecting the real estate industry. LR will provide a grid to track these bills throughout the session. If you have specific comments or questions regarding any legislation proposed, contact Kim Callaway - Director of Legal & Governmental Affairs.
REGISTER TO ATTEND REALTOR DAY® ON APRIL 24
Preparations are underway in Baton Rouge for the annual Spring Into Action Conference.
The event will provide great information on what's happening in the industry and your local boards are working with LR to have a strong member presence for REALTOR® Day. Register by Wednesday, March 28 and guarantee the REALTOR® Day shirt before the event!
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Eric B. Landry, JD and Kristin E. Oglesby, JD Breazeale, Sachse & Wilson, LLP 301 Main Street, Suite 2300 Baton Rouge, Louisiana 70801 The following is a summary of the questions and answers from the 2024 Hotline. The Louisiana REALTORS® maintains a hotline for their Brokers to answer questions affecting the real estate industry as a whole. The hotline does not provide legal advice but provides general information. It is important to note that the laws and court decisions affecting these responses to these questions may change as new laws are passed and new court decisions are published. We cannot comment on or provide advice with respect to specific transactions. These responses are for general information only. Note that some of the responses provided herein were generated prior to the National Association of Realtors (“NAR”) Settlement going into effect. That is, on August 17, 2024, several practice changes affecting compensation and communication in residential real estate transactions went into effect. Please click on the link below to access a fully-indexed summary of the questions and answers from the 2024 hotline.
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