What’s Happening Now
The U.S. Senate passed its version of a tax reform bill late last week and now Members of Congress are beginning work to reconcile differences between the House & Senate bills. This process is what is referred to as a conference committee.
What’s to Come
The conference committee work could finish by the end of this week, but some reports suggest it being completed sometime next week (December 11-15).
Work NAR is Doing
The National Association of REALTORS® (NAR) is continuing to work with Members of Congress in attempt to defeat (or at least minimize) the negative effect this tax reform legislation could have on real estate, REALTORS® and property owners nationwide.
NAR will be launching a new Call for Action this week (possibly today, December 4th) to address the work being done by the congressional conference committee.
Did You Participate?
In the last Call for Action, only 18% of CABR members participated.
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