Agenda  – Taxation CommitteeDesert Vista Ballroom, Date Palm/Eldorado – Conference Center
Hyatt Grand Champions
Wednesday, January 23
3:30 p.m. – 5:15 p.m.Presiding:
SkipZeleny, Chair
Cynthia Carley, Vice-Chair
Karl Lee, Vice-Chair
Malcolm Bennett, Executive Committee Liaison
Susan Tilling, NAR Committee RepresentativeCAR Staff:
Christopher Carlisle, Legislative Advocate
Jeff Keller, Public Policy AnalystI. Opening CommentsII. Federal Taxation IssuesA. Discussion/Reporting Items:1. Mortgage Cancellation
2. Qualified Veteran Mortgage Bonds
3. Tax Reform and AMT
4. Mortgage Insurance Premium Deduction
5. 1031 Exchanges
6.  Carried Interest
7. Internet TaxationIII. State Taxation IssuesA. Action Items:1. Expanding the Mello-Roos Law to Fund Environmental Mitigation and/or Affordable HousingB. Discussion/Reporting Items:1. Property Tax Basis Portability Task Force
2. Private Transfer Taxes
3. Legislation on Debt Forgiveness Income in Short Sales and Foreclosures
4. 1031 Exchange Accommodators Legislation
5. State Legislative Analyst Proposes Modifying the Mortgage Interest Deduction to Increase Homeownership Rates
6. An Initiative is Being Considered to Increase the Amount of the Homeowners’ ExemptionIV. Other BusinessV. Adjourment