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The Official Blog for Commercial Real Estate

Tag: tax legislation

Capitol building

President-elect Trump and Senate Majority Expected to Prioritize Tax Legislation

  • November 6, 2024
On behalf of our more than 21,000 members, NAIOP Government Affairs has long advocated for federal tax policy that aligns the economics of real estate development and investment, to promote capital formation and foster community development. That is why we have prioritized four provisions that must be included in the future tax law.
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Hawaii housing

A Milestone for Affordable Housing: NAIOP Hawaii’s First Authored Legislation Becomes State Law

  • August 21, 2024
In a historic achievement, NAIOP Hawaii's Government Affairs Committee has successfully seen its first authored piece of legislation become state law. Act 31, which creates a new Affordable Housing Credit program under Hawaii Revised Statute Section 201H-38, marks a significant milestone in the effort to address Hawaii’s pressing housing crisis. This innovative program aims to incentivize real estate developers to build more affordable housing, addressing the dire need for such units in the state.
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Capitol building

Bipartisan Property Conversion Incentive Legislation Introduced

  • July 17, 2024
Just prior to leaving for this week’s congressional recess, Republicans and Democrats in Congress worked together to introduce bipartisan legislation furthering one of NAIOP’s top legislative priorities. The Revitalizing Downtowns and Main Streets Act (H.R. 9002) was introduced last Thursday with 12 original cosponsors – six Republicans and six Democrats, all members of the tax-writing House Ways and Means Committee.
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Supreme Court

Supreme Court Reins in Federal Agency Power

  • July 10, 2024
The Supreme Court has certainly garnered its share of attention for several of its rulings this last term, but none is likely to have more of an impact on business, including commercial real estate, than its opinion in Loper Bright Enterprises v. Raimondo, issued on June 28.
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North Carolina state flag

NAIOP of North Carolina Advocate for CRE with Lawmakers

  • June 19, 2024
Members from the three NAIOP chapters in North Carolina traveled to Raleigh last week for their legislative advocacy day within the state capitol. The two-day event provided an important opportunity for attendees to collaborate on the issues facing commercial real estate and advance the industry’s interests with state lawmakers.
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Capitol Hill

House Ways and Means Committee Majority Forms Tax Teams in Preparation for 2025 Tax Reform

  • June 5, 2024
Most current federal tax rates will expire at the end of 2025 and the winner of the presidential election in November will have to work with a new Congress to address a series of tax and fiscal challenges next year.
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What’s Inside the 2024 Government of Canada Budget

  • May 1, 2024
The Canadian government tabled its 2024 federal budget on April 16. The federal budget outlines a broad list of spending and tax measures to be implemented in the coming year. In broad macroeconomic terms, this budget lays out a path of significant spending increases, deficit projections well into the future, and tax increases to offset some of the spending.
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November Election Could See a Historic Switch in House and Senate Majorities

  • April 17, 2024
With national and swing state polls indicating support between President Joe Biden and former President Donald Trump is fairly even, casual political observers could be forgiven for not realizing that House and Senate races are also tight; there could even be a historic switch in the House and Senate majorities this November. 
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