REAL ESTATE

Bills and resolutions

Armed Forces: expand credentialed, personalized financial and housing counseling to members serving on active duty or transitioning from service (see H.R. 8056), H2675 [24MR]

Business and industry: prevent exploitative private equity practices in health care system (see S. 3829), S577 [11FE] (see H.R. 7537), H2218 [12FE]

Conservation of energy: improve access to home energy-efficiency rebates for working families, renters, and owners of older homes (see H.R. 7197), H1349 [22JA]

Consumer Financial Protection Bureau: disapprove withdrawal of rule entitled ‘‘Application of Regulation Z’s Ability-To-Repay Rule to Certain Situations Involving Successors-In-Interest’’ (see S.J. Res. 146), S1615 [25MR]

——— disapprove withdrawal of rule entitled ‘‘Fair Debt Collection Practices Act (Regulation F); Time-Barred Debt’’ (see S.J. Res. 126), S1090 [17MR]

Crime: ensure due process of law in civil forfeiture proceedings (see H.R. 7638), H2234 [20FE]

Dept. of Agriculture: reauthorize and improve relending program to resolve ownership and succession on farmland (see H.R. 7761), H2368 [3MR]

——— support prompt approval of certain loans and loan guarantees (see H.R. 7426), H2094 [9FE]

Dept. of HUD: establish first-time home buyers savings match program (see H.R. 7244), H1914 [27JA]

——— expand eligibility of properties for Good Neighbor Next Door Sales Program for members of Armed Forces, firefighters, and law enforcement officials (see H.R. 7503), H2186 [11FE]

——— increase certain FHA loan limits and clarify that property improvement loans may be used for construction of accessory dwelling units (see H.R. 7792), H2419 [4MR]

——— provide parity relative to access to mortgage insurance for hospitals program for licensed psychiatric hospitals (see H.R. 7030), H717 [13JA]

——— report to Congress relative to exempting any downpayment requirement for mortgage insurance offered by FHA for first-time homebuyers who are first responders or school teachers (see H.R. 7755), H2368 [3MR]

——— require annual report to include identification of significant regulatory barriers to affordable housing (see H.R. 7597), H2228 [17FE]

——— strengthen and standardize ‘‘first look’’ protections for covered properties to ensure families and communities have priority access to foreclosed homes (see H.R. 6962), H134 [7JA]

——— strengthen and standardize ‘‘first look’’ protections for covered properties to ensure first-time homebuyers have priority access to foreclosed homes (see H.R. 7753), H2368 [3MR]

——— study feasibility and potential impacts of portable federally backed mortgage loans (see H.R. 7754), H2368 [3MR]

Dept. of Justice: prohibit large institutional investors from purchasing residential real estate (see S. 3937), S706 [26FE]

Dept. of Veterans Affairs: modify maximum guaranty amount of certain guaranteed home loans (see H.R. 7141), H924 [16JA]

——— refund fees for guaranteed housing loans for certain veterans with pending disability claims (see H.R. 7598), H2228 [17FE]

——— report quarterly to Congress on housing loans insured, guaranteed, or otherwise administered (see H.R. 7150), H947 [20JA]

Disasters: prohibit solicitation by institutional investors after major disaster (see S. 3961), S731 [2MR]

Federal-State relations: preempt State prohibitions on real estate purchases by foreign citizens (see H.R. 7053), H892 [14JA]

FEMA: provide for disclosure and sharing of certain policy and claims information under National Flood Insurance Program (see H.R. 7355), H2030 [4FE]

Financial institutions: expand homeownership access (see H.R. 7647), H2258 [23FE]

GAO: study and recommend definition for workforce housing (see S. 3968), S762 [3MR] (see H.R. 7504), H2186 [11FE]

Government regulations: set restrictions on sale of single-family homes financed by Federal Government (see H.R. 7586), H2224 [13FE]

GSA: provide for temporary adjustment to prospectus thresholds for certain projects (see S. 3789), S509 [5FE]

Housing: impose tax on purchase of single-family homes by certain large investors (see S. 3754), S419 [30JA]

——— require President to declare national housing emergency and invoke Defense Production Act to incentivize residential housing production (see S. 3600), S115 [8JA]

SEC: prohibit certain large private funds and registered investment companies from purchasing single family homes (see H.R. 7221), H1350 [22JA]

——— prohibit certain large-scale companies from purchasing single family residences (see H.R. 7186), H1171 [21JA]

Taxation: allow certain distributions from long-term qualified tuition programs for first home purchases (see H.R. 7468), H2118 [10FE]

——— allow distributions from qualified tuition programs for first home purchases (see H.R. 7402), H2040 [5FE]

——— allow distributions from qualified tuition programs for qualified housing expenses (see H.R. 7393), H2040 [5FE]

——— allow establishment of first-time homebuyer savings accounts (see H.R. 7422), H2094 [9FE]

——— allow tax credit for qualified multigenerational housing expenses (see H.R. 7584), H2224 [13FE]

——— create American dream accounts for purpose of setting aside tax-deferred contributions for purchase of new home (see S. 4026), S915 [9MR]

——— deny interest and depreciation deductions for certain taxpayers (see S. 3904), S650 [24FE]

——— eliminate dollar limitations on exclusion of gain from sales of principal residences (see H.R. 7034), H717 [13JA] (see H.R. 7131), H924 [16JA]

——— establish deduction for certain amounts paid for rent for primary residence (see H.R. 7768), H2368 [3MR]

——— establish first-time homebuyer refundable tax credit (see H.R. 7160), H948 [20JA]

——— establish housing affordability credit (see H.R. 7216), H1349 [22JA]

——— establish tax-advantaged homeowner savings accounts (see H.R. 7756), H2368 [3MR]

——— exclude all gain from sale of principal residence or any residence which is sold to first-time homebuyer (see H.R. 7400), H2040 [5FE]

——— exclude from gross income certain retirement plan distributions used for down payment or closing costs for principal residence (see H.R. 7185), H1171 [21JA]

——— exclude from gross income gain from conversion of property by reason of eminent domain (see H.R. 7687), H2327 [25FE]

——— exclude from gross income gains on sale of real property to first-time homebuyers by individuals who have attained age 65 (see H.R. 7051), H892 [14JA]

——— expand housing investment with mortgage revenue bonds (see H.R. 7414), H2094 [9FE]

——— give individuals with deceased spouses same exclusion of gain from sale of principal residence as is allowed to married couples, regardless of how much time has passed since such death (see H.R. 7349), H2029 [4FE]

——— impose excise tax on acquisition of single-family residences by hedge fund taxpayers (see S. 3930), S706 [26FE]

——— modify limitation on individual deductions for certain State and local taxes and allow deduction for qualified special assessment taxes (see H.R. 7561), H2219 [12FE]

——— prohibit deduction of certain expenses for, and impose excise tax on sale of, homes owned by large investors, prohibit Federal mortgage assistance for such investors, and establish neighborhood homes tax credit (see H.R. 7138), H924 [16JA]

——— provide bonus depreciation for long-term residential rental housing (see S. 4080), S1046 [12MR]

——— provide charitable deduction for contribution of use of certain property by community learning centers (see H.R. 7093), H919 [15JA]

Remarks in House

BIA: process and complete all mortgage packages associated with residential and business mortgages on Indian land by certain deadlines (S. 723), H2359–H2362 [3MR]

Dept. of Agriculture: permit assumption of loans under Doug Bereuter Section 502 Single Family Housing Loan Guarantee Program (H.R. 5728), H144 [8JA]

Dept. of HUD: update definition of manufactured home, H2073 [9FE]

Economy: national objectives priority assignments, H2083, H2085 [9FE]

GSA: report to Congress on state of Public Building Service real estate portfolio (H.R. 6480), H2648, H2649 [24MR]

Taxation: deny interest and depreciation deductions for taxpayers owning more than certain number of single family properties (H.R. 4352), H724 [14JA]

——— eliminate dollar limitations on exclusion of gain from sales of principal residences (H.R. 4327), H1157 [21JA]

——— provide tax credits for conversion of commercial buildings to residential units and for support and technical assistance to housing agencies to identify and advance certain housing conversion opportunities (H.R. 537), H2451 [5MR]

Remarks in Senate

Climate: effects of climate change, S457 [3FE]

——— effects of climate change on home insurance premiums, S1471 [21MR]

Dept. of HUD: prohibit large institutional investors from purchasing residential real estate, S911 [9MR]

——— update definition of manufactured home, S720 [2MR]

Housing: impose tax on purchase of single-family homes by certain large investors (S. 3754), S420 [30JA]

——— reform local zoning laws and regulations to facilitate new home construction and increase housing supply, S153–S155 [13JA]

——— require President to declare national housing emergency and invoke Defense Production Act to incentivize residential housing production, S229 [15JA]

Taxation: deny interest and depreciation deductions for certain taxpayers (S. 3904), S653 [24FE]

Reports filed

Endangered Species Act Amendments: Committee on Natural Resources (House) (H.R. 1897) (H. Rept. 119–568), H2674 [24MR]

GSA Report to Congress on State of Public Building Service Real Estate Portfolio: Committee on Transportation and Infrastructure (House) (H.R. 6480) (H. Rept. 119–545), H2529 [16MR]

Respect State Housing Laws Act: Committee on Financial Services (House) (H.R. 1078) (H. Rept. 119–521), H2325 [25FE]

Tribal Trust Land Homeownership Act: Committee on Natural Resources (House) (H.R. 2130) (H. Rept. 119–513), H2257 [23FE]

Texts of

H.R. 6480, report to Congress on state of GSA Public Building Service real estate portfolio, H2648 [24MR]

S. 723, Tribal Trust Land Homeownership Act, H2359–H2361 [3MR]