Second 2020 Legislative Special Session Called
Louisiana REALTORS • September 22, 2020
The Louisiana Legislature has called itself to the second Special Session of 2020 to begin at 6:00 p.m. on September 28th. It will convene for thirty (30) calendar days to consider legislation on a total of 70 items. The call can be found here:
Call To Convene
Your Louisiana REALTORS® legislative team will continue to monitor bills and advocate on your behalf throughout the entirety of this Special Session. The following is a list of issues that may arise during this session and that we have identified as most relevant to the real estate industry and you as a REALTOR®:
- Main Street Recovery Program
- Classification of employees and independent contractors
- Tax credits, incentives, rebates, exclusions, exemptions, deferments, and abatements
- Licensing requirements, fees, and permits for certain businesses
- Rural broadband services
- Housing and rental assistance in response to a declared emergency or disaster
- Evictions during a declared emergency or disaster
As each item comes up for discussion, we will provide updates on our Legislative Issues Resource Page. Please continue to check back to stay up-to-date!
NAR is pleased to share the latest consumer guide focused on state and local tax (SALT) deductions . This guide explains federal tax law changes that temporarily quadruple the amount of state and local taxes (SALT) that taxpayers can deduct and will make homeownership more accessible and affordable, especially for people in higher-tax states. As a reminder, all guides in this series are available for download—in both English and Spanish—on facts.realtor . Please allow a few days for the Spanish version of the latest resource to be translated and uploaded. For ease of reference, below is a list of the most recent guides: Assistance Programs Real Estate Auctions Working with a Real Estate Attorney Making Your Home More Energy Efficient Buying a Historic Property 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 homebuying or selling journey. Remember that these guides are for informational purposes only and are not meant to enact or change any existing NAR policy. Be on the lookout for next week’s guide on August 6, which will cover packing tips and tricks.
The Louisiana REALTORS® Board of Directors will elect six (6) LR At-Large Directors at its October 8th meeting. Qualifications and an application for the position can be found below.
From flood zones to hurricane season, Louisiana clients have big questions. Learn how REALTORS® can confidently respond with local insights that build trust and close deals.
