2015 FPC News

Germaneness: The requirement that an amendment be closely related—in terms of the precise subject or purpose, for example—to the text it proposes to amend. House rules require amendments to be germane; Senate rules apply this restriction only in limited circumstances. 

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http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif FPC Field Reports Due TODAY!

 Today is the final day of the quarter to file your FPC field reports for the first quarter. If you have not done so please do so now.

Click Here to File Your Field Report

Everyone should have sent in NAR’s position letter on tax to your legislator and filed a field report notifying staff. For that reason, I hope by next week, I can report back that we’re starting this Congressional session off on the right foot with 100% cooperation and reporting.

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif  NAR Urges U.S. Treasury Secretary to Protect the Mortgage Interest Deduction

On March 10, 2017, NAR President Bill Brown sent a letter on behalf of NAR urging the new Treasury Secretary, Steven Munchin, to protect the current tax benefits of homeownership as the Trump Administration seeks to reform the federal income tax system. Referring to recent media reports where Munchin promised to leave “the mortgage interest deduction as is,” the letter explained that certain types of tax reform plans, such as the “Blueprint” put forward by House Republicans, also pledge to leave the deduction untouched. Read More

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif  NAR’s Analysis of the President’s Budget

 On Thursday, March 16, 2017 President Trump released the "America First - A Budget Blueprint to Make America Great Again." The budget does not include many details, but is more an outline of President Trump’s spending proposals for the 2018 fiscal year.  Please download below the highlights of the budget proposal that impact real estate. 

Download Budget Highlights

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif  Senate Commerce Committee Holds Hearing on Drones

On March 15, the Senate Commerce, Science, & Transportation Committee held the hearing "Unmanned Aircraft Systems: Innovation, Integration, Successes, and Challenges."  The hearing focused on the industry growth seen since the FAA released its rule on Small Unmanned Aircraft Systems (UAS), which went into effect in August 2016, as well as areas in which further regulation is needed for UAS technology to realize its full potential for U.S. businesses and the economy.  Witnesses included representatives from the FAA, airports, energy providers, and the UAS... Read More

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif HUD Secretary Launches Listening Tour

On March 15, 2017, Department of Housing and Urban Development (HUD) Secretary Ben Carson began his nation-wide "listenting tour" to better understand the way HUD and its programs are working in the day-to-day sense. Secretary Carson first mentioned the idea of the listening tour during his Senate confirmation hearing in January.

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif  NAR Urges Congress to Support Net Neutrality

On March 20, NAR sent a letter to the House and Senate Commerce committees reiterating our support for the Federal Communications Commission’s (FCC’s) Open Internet Order implemented in 2015. NAR urged the committees to oppose legislation and regulatory efforts that would threaten network neutrality and rollback important protections put in place by the FCC in 2015.

Net neutrality is shorthand for the concept that Internet users should be in control of what content they view and what applications they use on the Internet. More specifically, net neutrality requires... Read More

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif House Approves Association Health Plan 

On March 22, 2017, the House of Representatives approved H.R. 1101, the Small Business Health Fairness Act (Johnson; R-TX), by a vote of 236-175. The bill amends title I of the Employee Retirement Income Security Act of 1974 to exempt health care plans sponsored by trade and business associations from most state laws and regulations. The bill would allow an association sponsoring a health care plan to choose the health benefits included in the plan, as long as the plan meets certain federal and state statutory minimums. These association sponsored health care plans could not... Read More

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif  Important FPC Meetings During REALTORS Legislative Meetings & Trade Expo

Please note the following important meetings as you plan your travel to D.C. in May.    

May 16

8:00am          Federal Legislative and Political Forum

                    (Marriott Wardman)

9:30am          FPC Lobbyist Salons (Marriott Wardman)

1:45pm           FPC Roundtable (Omni Shoreham) Note the time change!

4:00pm          NAR 360 (Marriott Wardman)

May 17

All Day          Capitol Hill Visits

6:00pm          FPC Reception (Omni Shoreham)

12:00pm        FPC Lounge (NAR Building)

May 18

All Day          Remaining Capitol Hill Visits

All Day          FPC Lounge (NAR Building)

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif FPC Stipend/Reimbursement Details

As you are likely aware, each FPC who attends the REALTORS Legislative Meetings & Trade Expo in Washington, D.C. is afforded a stipend of up to $1,000 to help defray the costs of your trip. The reimbursement process will be the same as in previous years: FPCs, following state reimbursement rules, should file your expense report with the state immediately after your trip. States will then submit one invoice to NAR for the entire state FPC delegation that attended the meetings and are requesting the stipend.  

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif  FPC Contact Team Deadline April 3

Your FPC contact teams are due next week! Please get them to your RPMIC representative ASAP. The deadline is April 3rd. Once you have identified your team members, please report their contact information to your RPMIC representative

A new FPC Team Toolkit has been developed with guidelines and tips on how to build and manage your contact team.

http://www2.realtoractioncenter.com/images/content/pagebuilder/28022.gif FPC 100% RPAC Challenge

As you know, President Bill Brown has continued the tradition of challenging each NAR Committee to reach 100% in RPAC participation and this year, the deadline is in May during the REALTORS® Legislative Meetings & Trade Expo.

While the FPCs are not considered a formal Committee, I’d like us to aim for 100% participation. Committees that reach 100% RPAC participation by April 21, 2017 will receive the 100% Committee Challenge ribbons that committee members can proudly wear during the REALTORS® Legislative Meetings & Trade Expo in May. If we make the cut, FPCs will also get the ribbons.

A voluntary contribution of $15 is all it takes to be considered an RPAC investor.


“Contributions to RPAC are not deductible for federal income tax purposes. Contributions are voluntary and are used for political purposes. The amounts indicated are merely guidelines and you may contribute more or less than the suggested amounts. The National Association of REALTORS® and its state and local associations will not favor or disadvantage any member because of the amount contributed or a decision not to contribute.  You may refuse to contribute without reprisal. Your contribution is split between National RPAC and the State PAC in your state.  Contact your State Association or PAC for information about the percentages of your contribution provided to National RPAC and to the State PAC.  The National RPAC portion is used to support federal candidates and is charged against your limits under 52 U.S.C. 30116. Federal election law prohibits RPAC from soliciting contributions from persons outside the restricted class. Any contributions received from outside the restricted class will be returned.”


Tips of the Trade

This Week: You Can Now Call Your Legislators Through Facebook 

One of Facebook's new tools, Town Hall, allows you to find out who your local, state and federal representatives are and contact them through the social media site with just one click. To find out how, Read More Here



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