Federal Issues
Committee
Sheraton Grand Hotel
Grand Nave Ballroom, Gardenia Room
Sacramento, CA
Thursday, June 5, 2008
3:00
PM - 5:00 PM
Presiding:
J. Michael
Roberts
,
Chair
Barbara Palmer, Vice-Chair
Anthony Argus, Vice-Chair
Malcolm Bennett, Executive Committee Liaison
Vince Malta, NAR Committee Representative
George Mozingo, GAD Liaison
C.A.R. Staff:
Matt Roberts, Federal Governmental
Affairs Manager
Jeff Keller, Public Policy
Analyst
I.
Opening
Comments
II. Report of
Action Items from Reporting Committees
A. Real Estate Finance
B. Taxation
C. Land Use and Environment
D. Equal Opportunity - Cultural Diversity
E. Housing Opportunity
F. Commercial
Investment
III. Guest Speaker: Tricia McClung, Freddie Mac Vice President of Single
Family Sourcing, Customer Outreach, and Offerings
Deployment
IV. First Impression
Issues
A. Discussion/Reporting
Items:
1.
Small Business Health Options Program
2. Immigration Reform
3. Transportation Policy from NAR
V. Taxation Issues
A. Discussion/Reporting Items:
1. Housing Tax Credits
2. Tax Extenders
3. Tax Reform and AMT
4. FIRPTA
5. Tenants in Common
6. 1031 Exchanges
7. Vacation Home Safe Harbor
8. Carried Interest
VI.
Real Estate Finance
Issues
A. Discussion/Reporting
Items:
1. Stimulus Package and Temporary FHA and GSE Loan Limit
Increase
2. FHA Rescue Plan (Please see IBP)
3. 2009 OFHEO Conforming Loan Limit Rule
4. GSE Appraisal Deal with NY
5 . Federal Mortgage Broker License Requirements
6. Neighborhood Stabilization Act
7. Treasury Restructuring Blueprint
8. Mortgage Reform
9. Banks in Real Estate
10. VA & HUD Issues
a. Secretary Jackson Steps Down
b. HUD RESPA Proposal
c. Home Ownership Opportunities for
Veterans
VII. Land Use
& Environment
Issues
A. Discussion/Reporting Items:
1. Endangered
Species
2.
Eminent Domain
3. NAR Policy on Water Resources
VIII. New Business
IX. Adjournment
