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April 2017 Government Affairs Update Archive

Government Affairs Update for April 28, 2017


Clarification regarding $5 fee increase for real estate licensees
Last week, NYSAR sent out an email indicating that the enacted 2017-18 budget contains a $5 increase in the cost of the annual real estate licensing fee. It should have read the enacted 2017-18 budget contains a $5 increase in the cost of the biennial real estate licensing fee. It should also be noted that the fee increase went into effect on April 20, 2017 and will apply to real estate brokers, salespersons, associate brokers and branch offices.

New candidates emerge in NYC mayoral, Nassau County executive races
Last week, Republican Assemblymember Nicole Malliotakis declared her candidacy for New York City mayor.  Malliotakis enters a field of Republicans including businessman Paul Massey and former New York Jet Michel Faulkner. Democrats in the race for mayor include incumbent Mayor Bill de Blasio, former New York City Councilmember Sal Albanese and State Senator Tony Avella. In Nassau County, Republican former State Senator Jack Martins, who in the November 2016 general election lost a Congressional race to Tom Suozzi, will be running to fill the seat Suozzi vacated, the office of Nassau County executive.  Democrats vying for the Nassau County executive seat include County Legislator Laura Curran, Assemblymember Charles Lavine and County Comptroller George Maragos. Click here for more on the mayor’s race and here for the Nassau County executive race.  

NAR applauds New York, exceeding recruitment goal for Broker Involvement Program
NYSAR’s Broker Involvement Council representative John Vernazza (Staten Island) helped announce that 796 new agents signed up for NAR’s Broker Involvement Program (BIP), far exceeding NAR’s 2017 recruitment goal of 595 – putting our state total at more than 20,000 REALTORS! John teamed up with RPAC Trustees, Regional Vice Presidents and local board executives to help spread the word and get members involved. The BIP has been an effective advocacy tool in protecting our industry through Calls for Action on the federal level. To sign up as a broker and for more information, click here.

NYSAR’s 2017 Lobby Day is Tuesday, May 23
NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B.  Registration will take place from 8 to 9 a.m.A with the welcome address and remarks commencing at 9 a.m.  Breakfast and lunch will be provided.  For more information, please contact NYSAR Government Affairs staff at 518-463-0300 Ext. 216 or govt@nysar.com.  

NYC Council approves law requiring landlords to reveal building’s bedbug history to current tenants
Under a new law approved by the New York City Council, landlords will be required to inform current residents of any bedbug infestations in their buildings through postings in the building or notices given to tenants with their leases. Landlords are already required to inform prospective tenants of the building’s history of bedbugs, but don’t have to say anything to current residents. Click here for more information on the new law.  

Government Affairs Update for April 20, 2017


NY First Home proposal secures 50 sponsors in the state Assembly
The NY First Home proposal (A.5616) has secured the support of 50 members of the New York State Assembly.  The program, outlined in NYSAR’s 2017 Legislative Agenda, would allow individuals and couples to put aside money in a special savings account to be used only for upfront costs associated with purchasing a first home in New York State.  Click here to visit the New York First Home website and to send an electronic message to your state Legislators urging their support for the NY First Home.

Assemblymember Charles Lavine Introduces NYSAR Supported Co-op Legislation
Last week, Assemblymember Charles Lavine of Nassau County introduced legislation (A7111), supported by NYSAR, that would require applications to purchase co-operatives to be acted upon within 45 days of submission.  Failure to provide the prospective purchaser a yes-or-no answer would result in automatic approval of that application.  NYSAR supports legislation that would bring greater transparency to the process of purchasing shares in a co-operative housing corporation.  Click here for a full list of NYSAR’s 2017 Legislative Priorities. 

Melissa DeRosa named New York’s first female Secretary to the Governor

Last week, Gov. Andrew Cuomo tapped his Chief of Staff Melissa DeRosa to become the next Secretary to the Governor.  DeRosa will be taking over for William Mulrow, who is returning to his previous Wall Street firm, The Blackstone Group.  Click here for more information on the appointment. 

NYSAR’s 2017 Lobby Day is Tuesday, May 23

NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B.  Registration will take place from 8 to 9 a.m.A with the welcome address and remarks commencing at 9 a.m.  Breakfast and lunch will be provided.  For more information, please contact NYSAR Government Affairs staff at 518-463-0300 Ext. 216 or govt@nysar.com.  

Government Affairs Update for April 13, 2017


State Legislature approves 2017-18 budget
On Sunday, April 9, state lawmakers approved the final components of the 2017-18 New York State Budget.  Included in the final budget were several items of interest to NYSAR members including a $5 increase in the cost of the biennial real estate licensing fee as well as several changes to the state’s STAR credit rebate program.  The budget also included agreements to authorize ride hailing services like Uber and Lyft in upstate New York in addition to an agreement to provide up to four years of no-cost SUNY and CUNY tuition for families and students making less than $100,000 annually. Click here for a summary of the 2017-18 budget.  

STAR credit changes in budget include paying homeowner interest if check is late
A new measure found in the final state budget includes awarding homeowners an interest payment if their STAR credit check arrives past the stipulated deadline. Other changes include a provision that lets the Tax Department send out STAR checks with an estimated amount, allowing them to arrive to taxpayers sooner. Click here for more details on the STAR program changes.  

New Yorkers are contesting their property tax bills at record numbers
Last week, New York City began holding hearings at which people can argue that their home or office building is not worth as much as assessors say. A record 55,000 tax appeals have been filed this year, and it’s likely to take until November for the 20 hearing officers at the city Tax Commission to clear the dockets. More information on 2017 NYC property tax appeals can be found here.     

NYSAR’s 2017 Lobby Day is Tuesday, May 23
NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B.  Registration will be from 8-9 a.m. with the welcome address and remarks commencing at 9 a.m.  Breakfast and lunch will be provided.  For more information, please contact NYSAR Government Affairs staff at 518-463-0300 ext. 216 or govt@nysar.com.  
  

Government Affairs Update for April 7, 2017


Legislature passes temporary budget extender
To keep New York State government operating into its new fiscal year of 2017-18, the state Legislature passed a series of budget bills on Monday, April 3, that extended the previous year’s budget for an additional two months. In addition to keeping government running, the extender also included several of the governor’s economic development proposals as well as $2.5 billion in clean water infrastructure funding.  The extender will expire on May 31, 2017. Learn more.  

Legislature begins passing budget legislation, but issues remain unresolved
Last week, the New York State Senate and Assembly began passing several budget bills, however, many issues remain outstanding including: education funding; “Raise the Age” legislation; the authorization of ride hailing services like Uber and Lyft in Upstate; and an extension of the 421-a property tax incentive. As the budget becomes finalized, NYSAR will keep the membership updated.  

New York State led the nation in statewide historic property revitalization 
According to a report from the New York State Historic Preservation Office, in 2016, $748 million in investments was generated by the state and federal credit to revitalize historic buildings.  Renovations across the state have included the rehabilitation of historic structures as well as the creation of more than 5,500 units of new housing.  Click here for more details on the historic property revitalization tax credit.  

New York’s $68 billion local and property tax break imperiled by Congress
The House GOP is calling for a tax proposal that would eliminate the deduction of state and local taxes on taxpayer’s personal income taxes. According to Gov. Andrew Cuomo’s office, the cut would be an average $4,500 per household.  Click here for more details on the potential elimination of the state and local tax deduction.  


NYSAR’s 2017 Lobby Day is Tuesday, May 23

NYSAR is proud to announce that the 2017 Lobby Day will take place on Tuesday, May 23, at the Hilton Albany in Governor’s Rooms A and B.  Registration will be from 8-9 a.m. with the welcome address and remarks commencing at 9 a.m.  Breakfast and lunch will be provided.  For more information, please contact NYSAR Government Affairs staff at 518-463-0300 ext. 216 or govt@nysar.com.  
  
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