Market Share

Wisconsin City Proposes Transportation Utility User Charge

August 16, 2023

Earlier this year NAIOP Wisconsin was made aware that the City of Wauwatosa was looking to fast-track the adoption of a transportation utility user charge or fee (TUF) in order to generate additional revenue for local transportation and infrastructure needs. The transportation utility fee would apply to both residential and commercial properties based on the vehicle traffic generated by the property’s use, and not necessarily their valuations.

A Full Fall Schedule Looms Over Congress’ Summer Break

August 2, 2023

August has arrived, which for Capitol Hill means that Congress is in recess until sometime in September. However, Congress left town last Friday with little agreement on a path forward for must-pass appropriations bills to keep the federal government operating past the start of the new fiscal year on Oct. 1.

The Impact of Proposed Air Quality Control Measures in Albuquerque

July 18, 2023

A new proposed rule change to how air quality permits are issued in the Albuquerque metro has many economic development organizations, associations and businesses very concerned. While the goal of protecting vulnerable communities and improving air quality is necessary, we must also carefully consider the impact of rigid regulations on economic development.

GOP Tax Package is Just the Beginning

June 21, 2023

Last week, House of Representatives Ways and Means Committee Chairman Jason Smith (R-MO) kicked off what is expected to be months-long congressional negotiations over tax legislation.

Solar building photo courtesy CalSolar, Inc.

California’s Title 24 Introduces New Solar Requirements for CRE

May 11, 2023

California’s Title 24, the state’s energy code, has required solar for all low-rise multifamily projects since 2016, but new provisions have gone into effect this year, impacting any projects permitted since Jan. 1, 2023.

Legislative advocacy meetings in the state capitols

NAIOP Chapters Advance the Interests of CRE with State Legislatures

May 3, 2023

NAIOP chapters and members are advancing the interests of commercial real estate within state capitols across the country. Last week, members in North Carolina and Ohio traveled to their respective state capitols to engage lawmakers on solutions to the challenges facing the commercial real estate development industry.

Debt Ceiling Debate in Washington

April 18, 2023

On Monday, House Speaker Kevin McCarthy visited Wall Street to debut the latest House Republican proposal to raise the debt ceiling. In his speech, McCarthy stated that in the coming weeks, the House would approve a one-year increase in the debt limit that will include a reduction in discretionary spending to 2022 levels, while limiting future increases to 1% annually over the next 10 years.

Canadian Government Amends Prohibition on Residential Property Purchase by Non-Canadians

April 5, 2023

The Canadian government enacted legislation on Jan. 1, 2023, that disrupted commercial and residential real estate development across the country. The Prohibition on the Purchase of Residential Property by Non-Canadian Act (the “Act”) was originally intended to be a demand-side solution to make housing more affordable for Canadians by prohibiting residential purchases by non-Canadians over the next two years. However, the regulations under the Act, released only a week before enactment, unintentionally halted commercial investment in current and future residential and mixed-use projects in major metro areas.

Major Tax Increases Proposed in Biden’s 2024 Budget

March 15, 2023

President Joe Biden submitted his proposed fiscal year 2024 federal budget to Congress on March 9. It contains numerous tax increases that repeatedly failed to clear the House of Representatives and Senate even when these chambers were controlled by Democrats. But the president’s budget submission makes sense if you acknowledge that its primary purpose is as a political messaging document, meant to provide a contrast between his administration and Republicans in advance of the 2024 presidential election.

Electric Vehicle Charging Infrastructure Top Priority for Local Governments

February 15, 2023

Cities and counties are increasingly adopting local ordinances that are intended to spur the electrification of our transportation system in order to reduce greenhouse gas (GHG) emissions from fossil fuels. Local efforts to support the use of EVs by both the public and private sectors will require the development and expansion of a reliable and sustainable EV charging system.

Market Share

The Official Blog for Commercial Real Estate

Category: Legislative

Wisconsin City Proposes Transportation Utility User Charge

A Full Fall Schedule Looms Over Congress’ Summer Break

The Impact of Proposed Air Quality Control Measures in Albuquerque

GOP Tax Package is Just the Beginning

California’s Title 24 Introduces New Solar Requirements for CRE

NAIOP Chapters Advance the Interests of CRE with State Legislatures

Debt Ceiling Debate in Washington

Canadian Government Amends Prohibition on Residential Property Purchase by Non-Canadians

Major Tax Increases Proposed in Biden’s 2024 Budget

Electric Vehicle Charging Infrastructure Top Priority for Local Governments

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