NATIONAL ASSOCIATION OF REALTORS for NATIONAL ASSOCIATION OF REALTORS

Taxation/Internal Revenue Code TAX

Housing Affordability and Availability Conversations with the House and Senate on tax policy to support the development of affordable housing and on housing tax incentives. Conversations with the Senate Finance Committee on tax credits to increase the affordable housing supply S.657 - Neighborhood Homes Investment Act Converting Commercial Real Estate to Housing HR419 - Revitalizing Downtowns Act Conversations with the House and Senate about tax incentives for converting commercial real estate to affordable housing. Conversations with the House of Representatives about the Revitalizing Downtowns Act 1031 Like-Kind Exchanges Discussions with the House and Senate in support of the Section 1031 Like-Kind Exchange Capital Gains Tax HR1312 - More Homes on the Market Act Discussions with the House and Senate on lowering the capital gains tax. IRC Section 121 Conversations with the House and Senate on the IREC Section 121 exclusion increases. Casualty Loss Deduction HR 4539 - The Casualty Loss Deduction Restoration Act 199A Deduction S1706 - Main Street Tax Certainty Act Mortgage Debt Forgiveness HR3890 - Mortgage Debt Tax Forgiveness Act Commercial Real Estate Debt Exclusion HR5580 - Saving Our Mainstreet American Locations for Leisure and Shopping Act

Contacted: SENATE; HOUSE OF REPRESENTATIVES

Bills named: H.R. 4539 (118th), H.R. 1312 (118th), S. 657 (118th), H.R. 419 (118th), H.R. 3890 (118th), H.R. 5580 (118th)

Labor Issues/Antitrust/Workplace LBR

Independent Contractor Status HR5419 - Direct Seller and Real Estate Harmonization Act Discussions with the House of Representatives and the Senate about the "independent contractor" definition. Communications with the Federal Trade Commission (FTC) about franchisee/franchisor regulations.

Contacted: SENATE; HOUSE OF REPRESENTATIVES; Federal Trade Commission (FTC)

Bills named: H.R. 5419 (118th)

Consumer Issues/Safety/Products CSP

Privacy and Data Security Discussions with the House Financial Services and the House Commerce Committees on federal data privacy policies. H.R.1165 - Data Privacy Act Anti-Money Laundering Conversations with the Financial Crimes Enforcement Network (FinCEN) regarding anti-money laundering proposals aimed at real estate transactions. Remote Online Notarization HR1059 - The Securing and Enabling Commerce Using Remote and Electronic (SECURE) Notarization Act of 2023. Data Brokers Communications with Consumer Financial Protection Bureau and Small Business Association regarding data brokers.

Contacted: HOUSE OF REPRESENTATIVES; Consumer Financial Protection Bureau (CFPB); SENATE; Small Business Administration (SBA); Treasury, Dept of

Bills named: H.R. 1165 (118th), H.R. 1059 (118th)

Financial Institutions/Investments/Securities FIN

Cannabis Banking HR2891 - The Secure and Fair Enforcement (SAFE) Banking Act S1323 - The Secure and Fair Enforcement (SAFE) Banking Act S2860 - The Secure and Fair Enforcement Regulatory (SAFER) Banking Act Bank Regulations Conversations with the House Financial Services Committee and the Senate Banking Committee regarding banking regulations. Loan Level Pricing Adjustments (LLPAs) HR3564 - Middle Class Borrower Protection Act of 2023 Federal Home Loan Banks S1684 - Federal Home Loan Banks' Mission Implementation Act Trigger Leads HR2656 - Trigger Leads Abatement Act HR4192 - Protecting Consumers from Abusive Mortgage Leads Act Commercial Real Estate Conversations with the House and Senate regarding commercial real estate adaptive reuse policy proposals. Communications with the Board of Governors of the Federal Reserve regarding maturing commercial real estate debt. Communications with the National Credit Union Administration (NCUA) regarding maturing commercial real estate debt. Communications with the Federal Deposit Insurance Company (FDIC) regarding maturing commercial real estate debt. Communications with the Office of the Comptroller of the Currency regarding maturing commercial real estate debt. Discussions with the Consumer Financial Protection Bureau (CFPB) regarding assumable mortgages, maturing commercial real estate debt, appraisal independence, appraisal management companies (AMCs). Communications with the Federal Housing Finance Agency (FHFA) regarding housing issues, the FHFA pricing change, LLPAs, appraisal issues, and condominium rules. Conversations with the Financial Crimes Enforcement Network (FinCEN) regarding anti-money laundering proposals aimed at real estate transactions.

Contacted: SENATE; Consumer Financial Protection Bureau (CFPB); Federal Housing Finance Agency (FHFA); HOUSE OF REPRESENTATIVES; Financial Crimes Enforcement Network (FinCEN); Natl Credit Union Administration (NCUA); Treasury, Dept of

Bills named: H.R. 4192 (118th), H.R. 3564 (118th), H.R. 2656 (118th), H.R. 2891 (118th)

Housing HOU

Housing Availability and Affordability Conversations with the Senate Finance Committee and House Ways and Means Committee on tax credits to increase the affordable housing supply Communications with the House and Senate about housing supply and construction HR3507 - Yes In My Backyard Act HR____ - Build More Housing Near Transit Act HR____ - Promote Affordable Housing Near Transit Act S.657 - Neighborhood Homes Investment Act S1668 - Yes In My Backyard Act S____ - Housing Supply and Affordability Act Discussions with the Senate about the discussion draft of the Renewing Opportunity in the American Dream (ROAD) to Housing Act Fair Housing Discussions with the House of Representatives and the Senate about reintroducing the HOME Investment Partnerships Act. Section 8 Housing Choice Voucher Program S.32 - Choice in Affordable Housing Act of 2023 Discussions with Senate offices about the Choice in Affordable Housing Act of 2023. FHA Loan Program Discussions with the House of Representatives and the Senate about the FHA Loan Program. Communication with the Federal Housing Administration urging policy actions to unlock a portion of inventory for buyers with FHA-insured loans. Loan Level Pricing Adjustments (LLPAs) HR3564 - Middle Class Borrower Protection Act of 2023 Discussions with the House of Representatives and the Senate about LLPAs. Converting Commercial Real Estate to Housing Conversations with the House and Senate about tax incentives for converting commercial real estate to affordable housing. Conversations with the House of Representatives about the Revitalizing Downtowns Act. Rental Housing HR1087 - The DEPOSIT Act Communications with the House of Representatives and the Senate about rental housing issues, including rent control, eviction laws, and the GSEs participation in the multifamily rental housing space. VA Programs HR4335 - To amend the National Housing Act to include information regarding VA home loans in the Informed Consumer Choice Disclosure required to be provided to prospective FHA borrowers. Discussions with the House of Representatives and the Senate about the VA Home Loan Guaranty Program. Rural Housing Programs Discussions with Senate offices about the USDA Rural Housing Service. Conversations with the Department of Housing and Urban Development (HUD) on the Housing Choice Voucher program (Section 8), fair housing, the FHA Loan Program, and rental housing issues. Discussions with the Consumer Financial Protection Bureau (CFPB) regarding tenant screening practices in rental housing, appraisal management companies (AMCs) appraisal independence. Conversations with the White House on rental housing issues and the Blueprint for a Tenants Bill of Rights. Communications with the Veterans Affairs Administration (VA) about the VA Guaranteed Home Loan Program. Communications with the Federal Trade Commission (FTC) about tenant screening practices in rental housing. Communications with the Federal Housing Finance Agency about condominium rules, LLPAs, appraisal issues, and rental housing issues. Communications with the House of Representatives regarding HUD programs and VA housing.

Contacted: Veterans Affairs, Dept of (VA); SENATE; HOUSE OF REPRESENTATIVES; Federal Trade Commission (FTC); Housing & Urban Development, Dept of (HUD); Federal Housing Finance Agency (FHFA); White House Office; Consumer Financial Protection Bureau (CFPB)

Bills named: H.R. 1087 (118th), H.R. 3564 (118th), S. 32 (118th), H.R. 3507 (118th), H.R. 4335 (118th), S. 657 (118th)

Insurance INS

National Flood Insurance Program (NFIP) Conversations with the House Financial Services Committee on reauthorizing and reforming the National Flood Insurance Program H.R.634 - Fixing Announcements for Intermittent Remapping and Notification Expectations to Stop Surprises in Flood Insurance Act of 2023 H.R.900 - To amend the National Flood Insurance Act of 1968 to allow for the consideration of private flood insurance for the purposes of applying continuous coverage requirements, and for other purposes H.R.1309 - To require the use of replacement cost value in determining the premium rates for flood insurance coverage under the National Flood Insurance Act, and for other purposes. H.R.1392 - National Flood Insurance Program Extension Act of 2023 H.R.1540 - National Flood Insurance Program Affordability Act H.R.5860 - Continuing Appropriations Act, 2024 and Other Extensions Act S.485 - Hazard and Flooding Mitigation Funding Assurance Act S.601 - Flood Insurance Affordability Act S.721 - Homeowner Flood Insurance Transparency and Protection Act S.1039 - National Flood Insurance Program Consultant Accountability Act of 2023 S. 2968 - National Flood Insurance Program Extension through 2023 Act Discussions with the House of Representatives, Senate, and White House to extend the National Flood Insurance Program. Commercial Real Estate Flood Insurance H.R. 1307 - To repeal the mandatory flood insurance coverage requirement for commercial properties located in flood hazard areas, and for other purposes. Association Health Plans (AHPs) HR2868 - Association Health Plans Act Discussions with the House of Representatives and the Senate about AHPs. Discussions with the Federal Emergency Management Agency (FEMA) in the Department of Homeland Security (DHS) regarding flood insurance and flood maps. Discussions with the Federal Housing Finance Agency (FHFA) on climate risk. Discussions with Fannie Mae on climate risk and insurance disclosures.

Contacted: HOUSE OF REPRESENTATIVES; Housing & Urban Development, Dept of (HUD); Federal Housing Finance Agency (FHFA); White House Office; Homeland Security, Dept of (DHS); Federal Emergency Management Agency (FEMA); SENATE

Bills named: H.R. 2868 (118th), H.R. 634 (118th), H.R. 1309 (118th), S. 1039 (118th), H.R. 900 (118th), H.R. 1307 (118th), S. 721 (118th), H.R. 1392 (118th), S. 2968 (118th), S. 601 (118th), S. 485 (118th), H.R. 1540 (118th), H.R. 5860 (118th)

Civil Rights/Civil Liberties CIV

Restrictions on Foreign Nationals Purchasing Land in the U.S. S168 - The PASS Act of 2023 Conversations with the House, Senate, and White House on foreign ownership restrictions and proposals and land ownership bans. Fair Housing Discussions with the U.S. House of Representatives and the U.S. Senate on fair housing program funding. Discussions with the Department of Housing and Urban Development (HUD) on Fair Housing enforcement and affirmative marketing. Communications with the U.S. Department of Agriculture (USDA) about foreign investment in U.S. farmlands. Historic Racial Covenants/Mapping Discrimination Communications with the U.S. Senate on the Mapping Housing Discrimination Act.

Contacted: Housing & Urban Development, Dept of (HUD); Agriculture, Dept of (USDA); HOUSE OF REPRESENTATIVES; Justice, Dept of (DOJ); SENATE

Banking BAN

Cannabis Banking HR2891 - The Secure and Fair Enforcement (SAFE) Banking Act of 2023 S1323 - The Secure and Fair Enforcement (SAFE) Banking Act of 2023 S2860 - The Secure and Fair Enforcement (SAFER) Banking Act of 2023 Banking Regulations Discussions with the House Financial Services Committee and the Senate Banking Committee about banking regulations. Discussions with the Financial Crimes Enforcement Network (FinCEN) regarding anti-money laundering proposals in regards to real estate transactions. Communications with the Board of Governors of the Federal Reserve regarding maturing commercial real estate debt. Communications with the National Credit Union Administration (NCUA) regarding maturing commercial real estate debt. Communications with the Federal Deposit Insurance Company (FDIC) regarding maturing commercial real estate debt. Communications with the Office of the Comptroller of the Currency (OCC) regarding maturing commercial real estate debt. Communications with the Consumer Financial Protection Bureau (CFPB) regarding maturing commercial real estate debt. Communication with the Federal Reserve regarding mortgage backed securities.

Contacted: Natl Credit Union Administration (NCUA); Federal Reserve System; Consumer Financial Protection Bureau (CFPB); HOUSE OF REPRESENTATIVES; Federal Housing Finance Agency (FHFA); Federal Deposit Insurance Corporation (FDIC); Office of the Comptroller of the Currency (OCC); SENATE; Financial Crimes Enforcement Network (FinCEN)

Bills named: H.R. 2891 (118th)

Environment/Superfund ENV

Waters of the U.S. Regulation H.J.Res27 - Providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Army, Corps of Engineers, Department of Defense and the Environmental Protection Agency relating to "Revised Definition of 'Waters of the United States'" S.J.Res7 - A joint resolution providing for congressional disapproval under chapter 8 of title 5, United States Code, of the rule submitted by the Department of the Army, Corps of Engineers, Department of Defense and the Environmental Protection Agency relating to "Revised Definition of 'Waters of the United States'" Discussions with the Environmental Protection Agency (EPA) on the Waters of the U.S. rule. Discussions with the Army Corps of Engineers regarding the Waters of the U.S. rule. Lead Dust Regulations Communications with the EPA on strengthening requirements for removal of lead-based paint dust.

Contacted: SENATE; Environmental Protection Agency (EPA); Army, Dept of (Corps of Engineers); HOUSE OF REPRESENTATIVES

Bills named: H.J.Res. 27 (118th), S.J.Res. 7 (118th)