Agenda
AgendaFederal Issues Committee
Sheraton Grand Hotel
Grand Nave Ballroom, Gardenia Room
Sacramento, CA
Thursday, June 8, 2006
3:00 PM – 5:00 PMPresiding:
Ann Throckmorton, Chair
Malcolm Bennett, Vice-Chair
Susan Tilling, Vice-Chair
Jeannette Way, Executive Committee Liaison
Stephen Hanleigh, NAR Committee Representative
Paul Cardus, GAD Liaison
C.A.R. Staff:
Matt Roberts, Federal Governmental Affairs Manager
Jeff Keller, Public Policy AnalystI. Opening CommentsII. Report of Action Items from Reporting CommitteesA. Real Estate Finance
B. Taxation
C. Land Use and Environment
D. Equal Opportunity – Cultural Diversity
E. Housing Opportunity
F. Commercial InvestmentIII. First Impression Issues
A. Discussion/Reporting Items:1. Do-Not-Fax
2. Do Not Call Fees
3. Wireless Directory
4. Data Security
5. Small Business Health Plans UpdateV. Taxation Issues
A. Action Items:
1. Estate Tax
B. Discussion/Reporting Items:1. FIRPTA
2. Employee Housing Downpayment Assistance
3. Tax Reform
4. Affordable Housing Tax Credit
5. REMIC
6. Mortgage InsurancePremium Deduction
7. Tenant Improvements Depreciation
8. Tax Reconciliation
9. Tenants in Common (TIC)
10. Downpayment Gift ProgramsVI. Real Estate Finance IssuesA. Action Items:
1. FHA Risk Based Pricing
2. FHA Home Equity Conversion MortgageB. Discussion/Reporting Items:
1. Natural Disaster Insurance
2. Community Choice in Real Estate
3. OCC Ruling AllowingBanks to Develop Real Estate
4. Wal-Mart Bank
5. National Flood Insurance Program Reform
6. Predatory & Subprime Lending
7. Alternative Mortgage Products & Proposed Federal Guidelines
8. FHA Issues
a. FHA Reform
9. VA & HUD Issues
a. RESPA
b. Qualified Veteran Mortgage Bonds
10. Fannie Mae and Freddie Mac
a. High-Cost Conforming Loan Limits & GSE Oversight
b. Fannie Mae Rudman Report
VII.LandUse & Environment Issues
A. Discussion/Reporting Items:
1. Endangered Species Act
2. Eminent DomainVIII. New BusinessIX. Adjournment