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February 2018 Government Affairs Update Archive

Government Affairs Update for Feb. 23, 2018

Lobby Day room block deadline extended to Feb. 26
NYSAR’s annual Lobby Day is Tuesday, March 20, 2018 in the Albany Empire State Plaza (Meeting Rooms 1-5) and begins at 8 a.m. Breakfast, lunch, lobbying orientation and lobbying materials will be provided. 

Book your hotel room under the NYSAR room block by Feb. 26, 2018 at the Hampton Inn & Suites in downtown Albany:
• Room rate $189
• Group code is CHXA23
• Check-in Time: 4:00 p.m. Check-out Time: 11:00 a.m.
• Parking fee: $14.75

NYSAR will reimburse individual members up to $150 for travel and lodging expenses. Please call Jared Burns at 518-463-0300 ext. 235 or Leanne Little at ext. 217 with any questions.

NYSAR’s 2018 legislative priorities approved
NYSAR’s 2018 legislative priorities have been approved by NYSAR’s Legislative Steering Committee, and are posted on NYSAR.com. These priorities will be among the topics discussed at NYSAR’s Lobby Day on March 20 in Albany. Follow NYSAR’s new Facebook page and the NYSAR Government Affairs Twitter account for the latest government and political updates.

Title insurance companies sue over NYS Dept. of Financial Services regulations
New York’s title insurance companies are taking the state to court over new state regulations that restrict certain spending on entertainment for clients. The state Assembly held a public hearing on the regulations, which went into effect on Feb. 1, 2018. Read more here.
 
No tax hikes could lead to budget cuts according to Governor Cuomo
Senate Republicans continue to oppose Gov. Andrew Cuomo’s proposed tax and fee increases in the Executive Budget. Cuomo’s $168 billion spending proposal would increase taxes and fees by about $1 billion in order to close a $4.4 billion shortfall. Those fees come primarily from taxes on “windfall” profits of health insurance companies and a surcharge on drug companies that manufacture opioids. Without the increase, the governor says the state would have to cut back on health care and school spending. Read more here.

Government Affairs Update for Feb. 16, 2018

REALTOR Lobby Day in Albany on Tuesday, March 20, 2018
NYSAR’s annual Lobby Day is Tuesday, March 20, 2018 in the Albany Empire State Plaza (Meeting Rooms 1-5) and begins at 8 a.m. Breakfast, lunch, lobbying orientation and lobbying materials will be provided. 

Book your hotel room under the NYSAR room block by March 12, 2018 at the Hampton Inn & Suites in downtown Albany:
• Room rate $189
• Group code is CHXA23
• Check-in Time: 4:00 p.m. Check-out Time: 11:00 a.m.
• Parking fee: $14.75

NYSAR will reimburse individual members up to $150 for travel and lodging expenses. Please call Jared Burns at 518-463-0300 ext. 235 or Leanne Little at ext. 217 with any questions.

Rockland County Legislature passes coop transparency bill
The Rockland County Legislature passed a bill in a 16-0 vote that would change the coop approval process by requiring housing coop boards to respond to a prospective buyer’s completed application within 45 days and provide a reason for rejection. The bill has been sent to County Executive Ed Day for his consideration. Hudson Gateway Association of REALTORS’ President Barry Kramer’s interview on the topic can be found here.

Department of State proposes new cease and desist zone in Rockland County
The NYS Department of State published in the State Register a proposal to establish a new cease and desist zone for the Village of Chestnut Ridge in Rockland County. A public hearing was held on September 21, 2016 in Rockland County to listen to concerns of repeated solicitations by members of the public. NYSAR staff attended this hearing and submitted formal testimony in opposition to cease and desist zones, along with area REALTORS. The Department of State’s proposed rule would go in effect on July 1, 2018. Public comment on this proposed rule is open until April 16, 2018. Read the proposed rule here.

House passes NAR-backed ADA Education and Reform Act
The U.S. House of Reps. passed HR 620, the ADA Education and Reform Act, by a vote of 225-192. NAR strongly supports this bill, and ahead of the vote issued a targeted Call for Action to commercial practitioners in support of the bill. NAR will advance its focus on companion legislation in the Senate. HR 620 is a bipartisan bill that adds a crucial "notice-and-cure" period to the Americans with Disabilities Act (ADA), giving business owners accused of a violation the opportunity to fix it before a costly legal process begins. In recent years, a small group of attorneys have taken advantage of the ADA's lack of a notice requirement and filed lawsuits indiscriminately against commercial property owners under the ADA. For more information on this issue, see the NAR Issue Summary here, and NAR's letter of support for the bill here.

Cuomo releases 30-day amendments to Executive Budget
Gov. Andrew Cuomo released amendments to his Executive Budget proposal before the 30-day deadline by which budget bills can be amended. The amendments include language that would decouple the state’s tax code with tax provisions of the Federal Tax Cut and Jobs Act, create an optional payroll tax where employees could receive a credit against their state income tax liability for the amount of payroll tax assessed on their wages, and create new charitable contribution funds for health care and education and give taxpayers an 85 percent non-refundable state income tax credit against their donation. Read more on the tax change proposals here. An outline for congestion pricing in NYC was also included in Gov. Cuomo’s amendments here.

Government Affairs Update for Feb. 9, 2018

Pro-real estate provisions in federal budget deal
The federal budget deal signed by President Donald Trump on Friday, Feb. 9, contains a number of wins for real estate including a temporary extension of federal flood insurance until March 23, 2018, and the extension of NAR-backed tax provisions that include mortgage debt forgiveness, the deductibility of mortgage insurance premiums, and several energy-efficiency related provisions. Read more here.

Cuomo budget director testifies that NY will decouple state taxes from federal taxes
Gov. Andrew Cuomo’s budget director, Robert Mujica, testified on Thursday, Feb. 8, that New York State would decouple the state rates from the federal rates. Mujica said the important change will be included later this month in Cuomo's 30-day amendments to his budget plan, which was introduced Jan. 16. Each year the governor can make amendments to his budget plan 30 days after it is introduced. The measures are then part of budget negotiations between the governor and the legislative leaders for the fiscal year that starts April 1.  Read more here.

Cuomo sets April 24 special election for 11 seats
Gov. Andrew Cuomo has designated an April 24 special election for 11 vacant seats in the New York State Senate and Assembly – two in the Senate and nine in the Assembly. Democrats hope to win the two vacant Senate seats in the Bronx and Westchester, which could give the Democrats a 32-member majority if the eight Independent Democratic Conference members and Democrat Simcha Felder choose to leave the Senate Republican conference for the mainline Democratic conference. Read more here.

Mayer to face Killian in Westchester special election for Senate seat
Republican Julie Killian announced she will run for Senate against current Democratic Assemblywoman Shelley Mayer for the open Senate seat in Westchester County. Killian ran in 2016 losing to Democrat George Latimer who was recently elected Westchester county executive. Read more here.

Start planning for NYSAR’s Lobby Day on Tuesday, March 20

NYSAR’s annual Lobby Day will be Tuesday, March 20, 2018 in Albany. Breakfast, lunch, lobbying orientation and lobbying materials will be provided. Book your hotel room by February 16, 2018 at the Hampton Inn & Suites in downtown Albany under the NYSAR room block:
• Room rate $189
• Group code is CHXC23
• Check-in Time: 4:00 p.m. Check-out Time: 11:00 a.m.

Government Affairs Update for Feb. 2, 2018

Tax expert featured at this year’s Mid-Winter Business Meetings Legislative Policy Forum
Kelly Saposnick, principal in The Bonadio Group’s Tax Department, will be providing valuable information on tax reform and what it means for REALTORS and your clients at this year’s Legislative Policy Forum at the Mid-Winter Business Meetings on Feb. 7 at 11:30 a.m. in Fort Orange Room 7-9.

Federal tax reform could raise NY state taxes
State officials say that unless New York changes its tax code, state taxpayers could see their tax burden increase by $1.5 billion — potentially worsening the pain to New Yorkers already dealing with the curbing of state and local tax deductibility. The state Senate already passed legislation decoupling New York’s state tax code from the federal tax code. In particular, New York’s legislators are worried about a stipulation in the state’s tax code that requires any taxpayer who takes the federal standard deduction also to take the state one. Read more here.

State Senator DeFrancisco announces run for governor
Deputy Senate Majority Leader John DeFrancisco of Central New York confirmed he will run for the Republican nomination for governor. He is the third GOP candidate to announce, including Assembly Minority Leader Brian Kolb and former Erie County Executive Joel Giambra.

Cuomo budget proposal defers business and historic tax credits
State lawmakers and developers gathered in Buffalo calling for a legislative fix to preserve the state historic tax credit and how it is affected by federal tax reform. Gov. Cuomo’s proposed state budget defers these and other business tax credits that exceed $2 million in order to increase state revenue in the short term. Read more here.

Start planning for NYSAR’s Lobby Day on Tuesday, March 20

NYSAR’s annual Lobby Day will be Tuesday, March 20, 2018 in Albany. Breakfast, lunch, lobbying orientation and lobbying materials will be provided. Book your hotel room by February 16, 2018 at the Hampton Inn & Suites in downtown Albany under the NYSAR room block:
• Room rate $189
• Group code is CHXC23
• Check-in Time: 4:00 p.m. Check-out Time: 11:00 a.m.

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