2018 Legislative issues
As we gear up for the state's legislative conference, week 5 update reports on the activity of the bills being followed related to inclusionary zoning and the regulation of boards and commissions.
Senate Bill 462 passes the Senate and now heads to the House. Louisiana senators approved Monday night legislation that would assert state authority over local zoning efforts to create affordable housing.
Week 4 reports movement on several issues including Residential Property Disclosure and changes to security deposits for residential leases. Ongoing issues being watched is on inclusionary zoning and the regulation of the state's boards and commissions. Read more for what took place at the Capitol
This was a busy week at the Capitol and lots of bills are in various phases of the legislative process. The following provides an update on key pieces of legislation that the LR Lobbying Team is following and actively monitoring.
Louisiana REALTORS® convened a group of legislative volunteers and the lobbying team for a review of over a hundred pieces of legislation filed for the 2018 regular session. Each bill is reviewed and considered by whether it impacts the real estate industry, it's practitioners, or if it impacts the property rights for Louisiana's citizens.
House Bill 383 by Representative Paula Davis was reported out of the House Ways and Means Committee by a 9 to 4 vote. Today's success can be attributed to the support of a great bill author, a great lobbying team, and the effort by REALTOR® members responding to the Call for Action and contacting their legislators for support of this bill.
The first week of the 2018 Legislative Regular Session is over and very few substantive bills have been moved to the House or Senate floor. It is expected that many bills will be heard in committee next week and things will start moving at a faster pace. Louisiana REALTORS® will provide regular updates on items throughout session.
Many aspiring first-time homebuyers find it hard to save for a down payment, especially with young families that are heavily burdened by student debt. The Louisiana First-Time Home Buyer Program would offer the help families need to buy their first home by reimbursing a portion of the first-time homebuyer’s closing costs and down payment and ultimately help boost our economy.
Norman Morris, CEO along with 2018 LR President, Pam Testroet and Director of Legal & Government Affairs, Kim Callaway take a quick minute to discuss why REALTORS® need to ENGAGE and be READY to ACT as the state legislature convenes for a Special Session beginning Monday, February 19 to address the state's $1B budget deficit.