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The Official Blog for Commercial Real Estate

Tag: legislative

U.S.-Canada

O Canada! Guess Who Came to the White House?

  • May 7, 2025
This week, Canada's new Prime Minister Mark Carney came to the White House to address the mayhem caused by President Donald Trump’s attack on Canada’s longstanding trade agreement with the U.S. and Mexico and the president’s provocative comments about Canada’s sovereignty.
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Port of Los Angeles

Tariffs Disrupt Supply Chains and the Outlook for Industrial Real Estate

  • April 21, 2025
The Trump administration’s tariff policy has unfolded rapidly and continues to evolve. Although the highest tariff rates on most U.S. trading partners have been paused for 90 days to allow time for trade negotiations, a flat 10% tariff remains in effect on most goods, and additional tariffs are expected on electronics, semiconductors and pharmaceuticals. When combined with previously announced tariffs on steel and aluminum, and the 145% tariff on most goods from China, the average effective tariff rate is the highest in more than a century. The dollar has declined in response to the tariff announcements, further increasing the effective cost of imported goods.
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Capitol Building

Agreement on Budget Resolution Clears Another Hurdle in Congressional Effort to Pass Tax Reform

  • April 16, 2025
Last week, Congressional Republicans made significant progress in their efforts to advance President Donald Trump’s tax and spending priorities, with House Republicans agreeing to the 70-page budget blueprint that lays out a fiscal framework for implementing the president’s border security, defense, energy and tax priorities.
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State legislatures

NAIOP State Chapters Hold Days at The Capitol

  • April 2, 2025
As state legislatures are convening to begin the next two years of policymaking, many NAIOP chapters around the country are hosting a Day at the Capitol. These events, in which NAIOP owners and developers travel to their state capital to talk policy with their elected representatives, are among the most effective forms of advocacy.
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Tax legislation

The Latest Target on CRE:  The Business/Corporate State and Local Tax Deduction

  • March 19, 2025
Whether at the local, state or federal level, the commercial real estate industry is accustomed to being targeted for tax increases. As the saying goes, “commercial real estate doesn’t vote.” It should not be a surprise to anyone, then, that we are an attractive  place for politicians to look to when they are seeking more money to address a problem. The latest example of this is at the federal level, where members of congressional tax-writing committees are seriously considering eliminating or capping the current tax deduction for state and local taxes paid by businesses.
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Capitol Hill

Presidential Campaign Promises Lead to a Busy First 100 Days

  • March 5, 2025
It is normal for the first 100 days of a new administration to create a lot of activity in Washington, but the first six weeks of President Donald Trump’s administration are proving to be busier than normal – and with looming deadlines ahead, things do not appear to be slowing down.
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Scott Jennings

Scott Jennings on Political and Policy Trends in the New Administration

  • February 20, 2025
A new year always generates a flurry of activity on Capitol Hill, and a new presidential administration amplifies the flurry into a whirlwind of new policies, initiatives, personnel and more. During NAIOP’s Chapter Leadership and Legislative Retreat (CL&LR) earlier this month in Washington, D.C., members had the opportunity to hear from Scott Jennings, who has extensive experience as both a presidential advisor and political analyst.
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Warehouse loading bay

State Legislatures Debate Anti-warehouse Legislation Similar to California’s AB 98

  • February 19, 2025
Logistics and warehouse facilities play a critical role in goods movement and the supply chain for meeting the needs of consumers, governments and businesses across North America. The essential role that these facilities play, as well as their economic contributions and job creation, must be taken into consideration in policy debates that could affect their viability.  
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