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!
Association emphasizes lower monthly expenses, more housing options and practical relief for Louisiana families.
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.
Homeownership Is on Louisiana's November Ballot
