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Texas Primary Date Set for May 29, July 31 Runoff Election
The Texas Primary elections will be held on Tuesday, May 29, a panel of federal judges ordered on the afternoon of March 1. The three federal judges also unveiled maps for legislative and congressional elections. Although these maps won’t necessarily last for the decade, they are the maps that will be used for the 2012 elections.
Legislative candidates don’t have to live in the districts...
REALTORS® Oppose Funding Payroll Tax Cut On the Backs Of Homeowners
On Saturday, December 17, the U.S. Senate approved a two-month extension of a payroll tax cut that is due to expire at the end of December. But did you know that as part of the Senate’s proposed plan, the cost will fall on people who buy a house or refinance their mortgage starting in 2012?
The proposal is found in H.R. 3630, the “Middle Class Tax Relief Act of 2011.” Under Title...
2011 NAR Legislative and Regulatory Year in Review
During 2011, the REALTOR® Legislative and Regulatory Agenda has focused on ensuring the continued flow of capital into the real estate market, preserving residential and commercial property ownership, and protecting the business interests of its members. NAR recently released a status update for each of these areas of legislation.
Ensuring the Flow of Capital into the Real Estate Market
Restructuring...
Without Congressional Action, Flood Insurance Program Will Expire
June is an ominous month for Houston homeowners. June 1 traditionally marks the start of the Atlantic hurricane season. June 2011 marks the 10th anniversary of Tropical Storm Allison, the costliest tropical storm in U.S. history. Tropical Storm Allison flooded an estimated 73,000 houses throughout Harris County. Damages exceeded $5 billion nationwide.
It is important to remember that floods...
Congress and the August Recess
Over the next three weeks, Congress will be moving quickly to hold hearings, debate issues and pass key pieces of legislation before they break for their annual recess in August. NAR will be asking Congress to act on vitally important real estate issues before leaving Washington.
During the August recess or “district work session,” Members of Congress travel to their home districts to...
