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Government Affairs
REALTORS® voice opposition to proposed state sales tax on services
“This proposed tax on professional services would not only affect consumers and REALTORS® but every profession and service included in the real estate transaction,” said Don Roth, president of the PA Association of REALTORS®. Roth spoke during a press conference held in the Capitol Rotunda in Harrisburg Wednesday afternoon. »
9 Comments »REALTORS® say ‘no’ to state tax on services
Pennsylvania REALTORS® will take to the Capitol in Harrisburg on Wednesday to tell state lawmakers they oppose Gov. Ed Rendell’s 2010-11 budget proposal to tax professional services, including REALTOR® commissions. »
6 Comments »Rendell proposes taxing all non-essential services in 2010-11 budget
Pennsylvania Gov. Ed Rendell proposed creating the Stimulus Transition Reserve Fund, a strategy to help the state save money now to help protect and preserve the fiscal stability of the Commonwealth. “A fiscal tsunami is coming at us and I believe we must act now to mitigate its impact,” he said. »
10 Comments »REALTORS® challenge local RTT increase
REALTORS® in the suburban Philadelphia area are fighting a proposed realty transfer tax (RTT) hike in Delaware County’s Upper Providence Township, an increase that would make it the highest local RTT in a four-county region. »
1 Comment »House expected to vote on Housing Trust Fund next week
PA Association of REALTORS® (PAR) supports the PA Housing Alliance’s effort to establish a housing trust fund. The fund would provide monies to build, rehabilitate and preserve homes for low- to moderate-income individuals and families, senior citizens and persons with disabilities. »
6 Comments »RPAC investments reach $548,964 in 2009
The Suburban West REALTORS® Association claimed back its first place award in the Extra Large Associations/Boards category at the annual REALTORS® Political Action Committee (RPAC) Awards Luncheon this week. The association achieved 164.04 percent per capita fundraising in 2009. »
2 Comments »Several real estate issues to come before state legislature
One of the first issues up in the New Year is the PA Housing Trust Fund. The House is scheduled to vote on legislation creating the PA Housing Trust Fund in the next several weeks, according to Jennifer Shockley, PAR assistant director, government affairs. »
3 Comments »‘Jail bail’ raises RPAC funds
The REALTORS® Political Action Committee (RPAC) Trustees were sprung from the RPAC Jail and Bail and raised $2,485 in cash investments and $5,816 in 2010 pledges at the Triple Play Convention held this week in Atlantic City. »
No Comments »President Obama signs homebuyer tax credit bill
The law extends the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as the principal residence for five consecutive years during the past eight years. »
No Comments »Local elections hinge on real estate issues
From rental inspections to point-of-sale ordinances, local issues played a key role in getting REALTOR®-friendly candidates elected in municipal elections this week. »
1 Comment »
