Federal Issues & Legislation

Congress Passes $2 Trillion CARES Act; What it Means for REALTORS®

Federal

As the House of Representatives' on Friday passed a historic COVID-19 relief package and President Trump signed it into law, the National Association of REALTORS® published a comprehensive guide to the $2 trillion, 880-page bill educating REALTORS® on the many benefits secured by NAR.

Coronavirus Emergency Legislation: What REALTORS® Need to Know

Federal

Congress has passed the Families First Coronavirus Response Act (H.R. 6201) providing support to American workers, families, and businesses, including the expansion of paid sick leave and family medical leave. It also includes refundable tax credits for small businesses and self-employed individuals to cover the cost of the leave.

REALTORS® Partner to Promote 2020 Census

Federal

The United States Census Bureau has designated the National Association of REALTORS® as a National Partner for the upcoming 2020 Census. With the Bureau seeking to enlist the support of various national organizations, NAR is asking the 1.4 million Realtors® nationwide to help drive Census participation in their respective communities.

Final Rules Issued on Qualified Opportunity Zones

Federal

In late December, the Trump administration finalized regulations officially implementing its Qualified Opportunity Zone (“QOZ”) program.

REALTORs® Win With Federal Funding Bill

Federal

Work is getting done in Washington, DC! In the midst of all that is going on in Congress, the House and Senate both passed a federal spending bill that contains several REALTOR® wins and is now set to be signed by the President.