Sheraton Grand Hotel
Hendricks/Kamilos/Baker Rooms
Thursday, June 5, 2008
8:30 a.m. - 11:00 a.m.
Presiding:
Skip Zeleny,
Chair
Cynthia Carley,
Vice-Chair
Karl Lee,
Vice-Chair
Malcolm Bennett, Executive
Committee Liaison
Susan Tilling, NAR Committee
Representative
CAR Staff:
Christopher
Carlisle, Legislative
Advocate
Jeff
Keller, Public
Policy Analyst
I. Opening Comments
II. State Taxation Issues
A. Discussion/Reporting
Items:
1.
Property Tax Basis Portability Task Force and Legislation
2. Private Transfer Tax Task
Force
3. Cancellation of Mortgage
Indebtedness
4. 1031 Exchanges
5. SCA 17 (Simitian) Vote
Threshold Reduction for Parcel Taxes
6. AB 2705 (Jones) Mello-Roos
District Funding of Transit Services
7. Taxation Proposals
III. Federal 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. Qualified Veteran Mortgage Bonds
9. Carried Interest
IV. Other Business
V. Adjournment