AMERICAN LAND TITLE ASSOCIATION for AMERICAN LAND TITLE ASSOCIATION

Consumer Issues/Safety/Products CSP

Docket No. CFPB 2024-0021, the CFPBs Request for Information Regarding Fees Imposed In Residential Mortgage Transactions, issued May 30, 2024.

Contacted: Federal Trade Commission (FTC); SENATE; HOUSE OF REPRESENTATIVES; Consumer Financial Protection Bureau (CFPB)

Taxation/Internal Revenue Code TAX

HR 419, Revitalizing Downtowns and Main Streets Act. HR 9002 Revitalizing Downtowns and Main Streets Act S. 4693 Revitalizing Downtowns and Main Streets Act The President's budget proposal to limit the amount of gain that can be deferred in 1031 real estate like-kind exchanges.

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Treasury, Dept of

Bills named: H.R. 419 (118th), H.R. 9002 (118th), S. 4693 (118th)

Indian/Native American Affairs IND

H.R. 1532, to authorize any Indian Tribe to lease, sell, convey, warrant or otherwise transfer real property to which that Indian Tribe holds fee title without the consent of the Federal Government; whole bill.

Contacted: HOUSE OF REPRESENTATIVES; SENATE

Bills named: H.R. 1532 (118th)

Financial Institutions/Investments/Securities FIN

H.R. 2891, Secure and Fair Enforcement (SAFE) Banking Act; whole bill. H.R. 2984, the Clarifying Law Around Insurance of Marijuana Act; whole bill. S. 1359, the Clarifying Law Around Insurance of Marijuana Act; whole bill. S. 2860, the Secure and Fair Enforcement Regulation (SAFER) Banking Act; whole bill FINCEN-2024-0005-0001 "Anti-Money Laundering Regulations for Residential Real Estate Transfers" Final rule to combat and deter money laundering in the U.S. residential real estate sector by increasing transparency.

Contacted: HOUSE OF REPRESENTATIVES; Securities & Exchange Commission (SEC); Executive Office of the President (EOP); SENATE

Bills named: S. 1359 (118th), S. 2860 (118th), H.R. 2891 (118th), H.R. 2984 (118th)

Budget/Appropriations BUD

Financial Services and General Government Appropriations report language to narrow the FinCEN proposed real estate reporting rule. HR 9747 Continuing Appropriations and Extensions Act, 2025. Extension of the National Flood Insurance Program as part of annual appropriations legislation.

Contacted: SENATE; Federal Housing Finance Agency (FHFA); HOUSE OF REPRESENTATIVES

Bills named: H.R. 9747 (118th)

Real Estate/Land Use/Conservation RES

General education on the risks that unregulated alternative to title insurance. H.R. 5837, the Protecting America's Property Rights Act, whole bill S. 2687, the Protecting America's Property Rights Act, whole bill H.R. 8127, the Heirs Estate Inheritance Resolution and Succession Act, whole bill. S 4899, the Heirs Estate Inheritance Resolution and Succession Act, whole bill Reintroduction of the Good Documentation and Enforcement of Estate (GOOD) Deeds Act, establishing a grant program to combat deed fraud. General education on deed fraud and seller impersonation fraud. S. 1212, the Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act; whole bill General education on non-title recorded agreements for personal services; no bill introduced. General education related to restrictions on foreign ownership of U.S. real estate. General education related to the FHFA Title Acceptance Pilot Program. S.3720, Preserving Pathways to Homeownership Act of 2024 Federal Insurance Office Roundtable on title insurance.

Contacted: Consumer Financial Protection Bureau (CFPB); Housing & Urban Development, Dept of (HUD); Treasury, Dept of; SENATE; Federal Housing Finance Agency (FHFA); HOUSE OF REPRESENTATIVES

Bills named: S. 1212 (118th), S. 2687 (118th), H.R. 5837 (118th), S. 3720 (118th), H.R. 8127 (118th)