Today, Congress has passed sweeping legislation of more than two-thousand pages to fund the Federal Government Fiscal Year 2016.
The legislation is expected to be signed into law by the President when it arrives at the White House later today (Dec. 18, 2015).
The new legislation will put an end to the series of stop-gap funding measures known as “Continuing Resolutions” that have funded the government the start of FY 2016 on October 1, 2015. This new bill will expire in September 2016.
The NAR Issue Brief contains the complete list of real estate related provisions and REALTOR Party wins, including preservation of Mortgage Debt Forgiveness for 2015 & 2016.
The REALTOR® Party celebrates 25 wins in 6 categories:
- Federal Tax Policy | 7 Wins
- Business | 4 Wins
- Commercial | 3 Wins
- Conventional Finance | 2 Wins
- Environmental / Land Use | 3 Wins
- Federal Housing | 6 Wins
You can also access the information at http://www.realtor.org/articles/nar-issue-brief-omnibus-appropriations-bill-real-estate-provisions