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Wyden Statement on Trump Infrastructure Plan
Senate Finance Committee Ranking Member Ron Wyden, D-Ore., today released the following statement regarding the president’s infrastructure plan: “This is another broken promise to rebuild America’s aging infrastructure. They ignored bipartisan proposals like the one I have with Sen. John Hoeven to responsibly expand infrastructure investment.
Infrastructure Plan Needs More On Energy Efficiency To Avoid Taxpayers Footing High Energy Costs...
The Alliance to Save Energy released the following statement from President Kateri Callahan in response to the Trump administration’s infrastructure plan released today: “We need to do this the right way up-front, because there’s a real downside to building new things when you have to spend an arm and a leg to run them.
Wyden Secures Priorities for Seniors, Kids, Clean Energy
Senate Finance Committee Ranking Member Sen. Ron Wyden, D-Ore., today cheered the inclusion of several Finance Committee policies he championed as a part of the recently announced budget deal. These include the CHRONIC Care Act, the Family First Act, a further extension of funding for the Children’s Health Insurance Program (CHIP) for four additional years, and critical extenders in the Medicare, Medicaid, health and human services, and tax spaces, including five years of funding for advanced technology tax credits and home visiting programs
House Passes Mortgage Choice Act
On Thursday, the House voted 280-131 to pass H.R. 1153, the Mortgage Choice Act of 2017.
This bipartisan legislation, which was sponsored by Rep. Bill Huizenga (R-MI), would preserve consumer choice and help more Americans – especially those with low- and moderate-incomes and first time homebuyers – achieve the dream of homeownership.
House Passes Bipartisan Bill to Increase Transparency of Utility Rates for American Taxpayers
The House passed H.R. 2371, the “Western Area Power Administration Transparency Act.” Introduced by Subcommittee on Energy and Mineral Resources Chairman Rep. Paul Gosar (R-AZ), the bill establishes a pilot project to increase the transparency of the Western Area Power Administration’s (WAPA) costs, rates, and other financial and operational dealings for utility ratepayers and taxpayers.
How Workplace Discrimination Impacts Employees
According to the Enforcement and Litigation Data report for fiscal 2016, released by the US Equal Employment Opportunity Commission (EEOC) on January 18, 2017, the EEOC received 91,503 charges of workplace discrimination in 2016. Out of all the workplace discrimination charges
Lawyers’ Committee for Civil Rights Under Law Blasts U.S. Department of Housing and Urban...
Kristen Clarke, president and executive director of the Lawyers’ Committee for Civil Rights Under Law, issued the following statement Friday regarding the U.S. Department of Housing and Urban Development’s (HUD) decision to postpone the implementation of the Affirmatively Furthering Fair Housing (AFFH) rule until October 2020.
Norton Says Congressional Budget Process Ironically Allows D.C. Homeowners to Avoid New Property Tax...
Congresswoman Eleanor Holmes Norton (D-DC) said that in one of the great ironies of the onerous District of Columbia budget process, D.C. residents can prepay their 2018 property taxes by December 31, 2017, to avoid the $10,000 state and local tax deduction cap that takes effect next year.
The Biggest Tax Reform In A Generation Is Now Law
House Speaker Paul Ryan (R-WI) issued the following statement on enactment of the Tax Cuts and Jobs Act: “The biggest tax reform in a generation is now the law of the land. As promised, the American people will begin the new year with a new tax code.
Realtors® Say Tough Work Still Ahead as Tax Reform Bill Heads to President’s Desk
The U.S. House and Senate today passed the conference agreement of the “Tax Cuts and Jobs Act,” marking a near end-of-the-road for Congress’s tax reform efforts this year. The president is expected to sign the bill later this week.
Statement by National Low Income Housing Coalition President and CEO Diane Yentel — Response...
While the preservation of Low Income Housing Tax Credits and Private Activity Bonds avoids an immediate devastating impact on affordable housing, this bill will exacerbate our country’s already yawning income inequality and will harm efforts to end homelessness and housing poverty. An estimated 64% of the bill’s benefits go to the top 1% of earners, at a cost to the country of over $1 trillion.
CONSTRUCTION EMPLOYERS ADD 24,000 JOBS IN NOVEMBER AND 184,000 OVER THE YEAR; HOURLY EARNINGS...
Industry Employment Reaches 10-Year High and Unemployment Rate Falls to 5.0 Percent; Association Officials Say Tax Rate Cuts Will Enable Firms to Increase Pay and Attract More Workers to Construction. Construction employment increased by 24,000 jobs in November to the highest level since November 2008
Infographic: Homeowners Say Changing Homeownership’s Tax Incentives Restricts Mobility, Causes Financial Strain
An overwhelming majority of homeowners would take advantage of the mortgage interest deduction and state and local property tax deductions if they were to purchase a new home, and a notable share said that the proposed changes to these tax incentives would affect their budget and desire to move in the future
Realtors®: Senate-Passed Tax Legislation Bad News for Homeowners
The U.S. Senate today passed tax reform legislation that the National Association of Realtors® believes puts home values at risk and dramatically undercuts the incentive to own a home.
SENATE TAX REFORM MEASURE HAS IMPROVED SUBSTANTIALLY BUT LACK OF INFRASTRUCTURE INVESTMENTS, TEMPORARY NATURE...
The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued the following statement today in connection with the proposed Senate tax reform measure
MBA Applauds Senate for Inclusion of Rounds Amendment in Tax Bill
David H. Stevens, CMB, President and CEO of the Mortgage Bankers Association, offered the following statement praising efforts by Senate Leadership, Senator Mike Rounds (R-SD), Senate Finance Committee Chairman Orrin Hatch (R-UT), Senate Banking Committee Chairman Mike Crapo (R-ID) and Senator David Perdue (R-GA), to address language in Section 13221 of the Senate Tax Reform Bill relating to mortgage servicing rights (MSRs)
Finance Committee Announces Improvements to Senate Tax Bill
After robust discussions across the Senate Republican Conference, and because a revenue “trigger” does not comply with reconciliation rules, the Senate Finance Committee made further modifications to the underlying legislation to further reflect member priorities. The amendment was filed this evening.
Lawyers’ Committee for Civil Rights Under Law Files Amicus Brief Showing How Discriminatory Mortgage...
This week, the Lawyers’ Committee for Civil Rights Under Law, the National Fair Housing Alliance, the Poverty and Race Research Action Council, and a group of housing scholars filed an amicus curiae, “friend of the court,” brief inCity of Oakland v. Wells Fargo & Co. a case pending in the U.S. District Court for the Northern District of California involving the harm inflicted on cities by the targeting of predatory high-cost loans at communities of color.
Tax bill provisions would harm affordable housing and economic revitalization efforts
Elements of the “Tax Cuts and Jobs Act” released yesterday by the House Ways and Means Committee would greatly harm affordable housing, economic revitalization and community development efforts nationwide. The National Housing Conference’s diverse membership of housing stakeholders opposes the elimination of proven tools like private activity mortgage revenue bonds and the New Markets Tax Credit, and supports improvement and expansion of the long-successful Low Income Housing Tax Credit
As Senate Republicans Unveil Tax Reform Bill, Realtors® Highlight Importance of Homeownership
Senate Republicans today unveiled their vision for tax reform with a legislative package that includes the elimination of state-and-local tax deductions and a near doubling of the standard deduction, among other provisions.
