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The CCIM Institute is strongly committed to legislative advocacy.
Through its affiliation with the National Association of REALTORS®,
the Institute is part of a legislative advocacy team that constantly
monitors
legislative and regulatory developments in order to shape the direction
of today's policy issues. The CCIM Institute Legislative Division
tracks federal, state and local legislative activity to ensure that
the interests
of the commercial real estate industry are addressed at all levels
of government.
To find out about the latest public policy developments affecting the real estate industry, read the October 2008 issue of the Legislative Bulletin. See more Legislative Bulletin
The recent Emergency Economic Stabilization Act of 2008 signed into law by the President contains an important provision which authorizes the Treasury Department to establish a Troubled Asset Relief Program (TARP) to purchase troubled assets from financial institutions.
On October 21, 2008, CCIM Institute along with NAR and its other affiliates sent a letter to Treasury Secretary Paulson asking that in implementing the Troubled Asset Relief Program (TARP), the Treasury Department take advantage of local commercial real estate professionals in the management and disposition of real property. View the letter
.
Congress acted quickly to pass the legislation in an effort to repair the U.S. economy. The Senate amended the “Emergency Economic Stabilization Act of 2008” bill and passed it by a vote of 74 to 25 on October 1, 2008. Then, two days later on October 3, the House voted 223 to 205 to approve of the Senate’s changes. Hours later, the President signed the Emergency Economic Stabilization Act of 2008 into law. Provisions of the 451-page law that are of particular interest to CCIM Institute Members can be found by clicking here.
AVAILABLE: CCIM Institute legislative staff analysis of how the The Energy Independence and Security Act of 2007 will affect commercial real estate. Read this new paper
.
• Tax Proposals ![]()
• Health Care Proposals ![]()
The CCIM Institute Legislative Staff is pleased to present three new briefing papers on issues important to every CCIM. Found out everything you and your company need to know about Data Security, the National Association of REALTORS® continuing efforts to keep Banks out of Real Estate Brokerage, and Federal Tax Policy. The Institute's paper on Tenant In Common Issues has also been updated
The improved State Legislative Database is now available! It is easier to use and offers the most up-to-date information. Some of the new features include:
• New and updated categories of bills to search.
• Run your own reports.
• View full bill text.
• Check out bill sponsors.
Log in to this member exclusive service!
| Charles A. Achilles IREM Vice President Legislation & Research [T] 312-329-6020 [F] 312-661-1786 [E] cachilles@irem.org |
Vijay Yadlapati |