This week, members will be receiving the Commercial publication from NAR. Please read through the issue for excellent insights. Here is a link to the issue: https://www.nar.realtor/commercial
Jamie Gregory serves as deputy chief lobbyist for the National Association of REALTORS®. In that role, he manages the day-to-day operation of NAR’s legislative advocacy and political communications programs. Gregory represents REALTORS® before the Congressional delegations of Delaware, Maryland, Pennsylvania, Texas, Utah, and Colorado.
Jamie Gregory (JG): The demise of the health care bill complicates the rest of the agenda laid out by the House leadership. The repeal of the Aﬀordable Care Act (ACA) would have ended taxes used to pay for expanded health insurance coverage. With those taxes still on the books, it makes tax reform more diﬃcult to achieve.
JG: The initial timeline for a comprehensive tax reform bill was very aggressive. House leadership pointed to the Congressional recess in August as a guidepost. That timeline assumed repeal of the ACA. It is now unlikely that a completed tax reform bill will adhere to the original timeline.
JG: Yes, NAR is always actively engaged in dozens of issues at any point in time, from both a legislative and regulatory standpoint. Think of a radar screen. There are many blips on the screen but some are moving faster and getting closer to the center. Tax reform and reauthorizing the National Flood Insurance Program for residential and commercial properties are the two blips that represent a clear and present danger. That could change in an instant but NAR stands ready to protect REALTORS® business interests against any, and all threats.