Laws & Taxes
Home Laws & Taxes
New Markets Tax Credits: Unlocking Investment Potential
WASHINGTON, D.C. - September 4, 2013 - (RealEstateRama) -- This Insights report describes the New Markets Tax Credit (NMTC) Program and the major considerations banks may need to address when using the tax credits to support community and economic deve...
Regulators Approve Connecticut Water Settlement; $10 Million Tax Refund Will Reduce Rates Charged to...
WASHINGTON, D.C. - September 4, 2013 - (RealEstateRama) -- Attorney General George Jepsen and Consumer Counsel Elin Swanson Katz said rates charged to Connecticut Water Co. customers will be reduced by an estimated 6.4 percent beginning April 1, 2014, ...
A.G. Schneiderman Breaks Up Syracuse Mortgage Fraud Ring
SYRACUSE - August 29, 2013 - (RealEstateRama) -- Attorney General Eric T. Schneiderman today announced the indictment of two attorneys, an appraiser and two others for their roles in a mortgage fraud ring that operated for years and netted more than $1...
County offices, libraries, LakeXpress, all solid-waste operations to close for Labor Day
TAVARES - August 29, 2013 - (RealEstateRama) -- All offices of the Lake County Board of County Commissioners, Clerk of Courts, Property Appraiser, Supervisor of Elections and Tax Collector will be closed Monday, Sept. 2, for Labor Day. Offices will reo...
Governor Quinn Signs Law to Strengthen Protections for Illinois Renters
CHICAGO - August 22, 2013 - (RealEstateRama) -- Governor Pat Quinn today signed a new law protecting Illinois renters in foreclosed multifamily properties. The new law requires those acquiring foreclosed residential property to honor existing leases or...
MAYOR BLOOMBERG SIGNS LEGISLATION PROVIDING PROPERTY TAX RELIEF FOR VETERANS AND VICTIMS OF HURRICANE...
WASHINGTON, D.C. - August 13, 2013 - (RealEstateRama) -- “Introductory Number 1120 is sponsored at the request of the Mayor in conjunction with Speaker Quinn and Council Members Oddo, Recchia, Ignizio, Vallone, Chin, Comrie, Dickens, Eugene, Fidler, ...
Congressman Webster Introduces Bipartisan Bill to Encourage Saving for Home Down Payments
Winter Garden, - August 5, 2013 - (RealEstateRama) -- U.S. Representatives Daniel Webster (R-FL), John Carney (D-DE), Rep. Peter Welch (D-VT), and Rep. Joe Heck (R-NV) announced the introduction of H.R. 2929, the “Creating Homeownership Opportunities...
Suffolk County Legislature Approves Resolution to Strengthen and Improve Regulating Home Improvement Contractors
Hauppauge, NY - August 2, 2013 - (RealEstateRama) -- Today, the Suffolk County Legislature has approved legislation presented by the County Executive to strengthen Suffolk County’s occupational licensing law to protect the residents of Suffolk County...
U.S. Senate Passes Congressman Denny Heck’s First Bill
WASHINGTON, D.C. - August 2, 2013 - (RealEstateRama) -- The U.S. Senate approved Congressman Denny Heck’s first bill last night by a unanimous, bipartisan voice vote. The bill, cosponsored by Congressman Mike Fitzpatrick (R-PA), gives the Federal Hou...
Wicker Fights to Protect Taxpayers in Federal Housing Bill
WASHINGTON, D.C. - August 2, 2013 - (RealEstateRama) -- U.S. Senator Roger Wicker (R-Miss.) is spearheading efforts to guarantee federal housing funding is going to the most vulnerable Americans while calling for new accountability and transparency gra...
Owners of property damaged by wildfire, natural disaster may qualify for tax reli
Helena - July 31, 2013 - (RealEstateRama) -- The Montana Department of Revenue encourages Montana property owners whose homes or forestlands are damaged or destroyed during wildfire season to apply for property tax relief.
Merkley Introduces Bills to Help Middle Class Families with New Home Refinancing Options
WASHINGTON, DC - July 25, 2013 - (RealEstateRama) -- Today, Oregon’s Senator Jeff Merkley introduced the Rebuilding American Homeownership Act to help middle class families by providing new refinancing options for homeowners. The bill would allow und...
PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance System Passes Committee
WASHINGTON, D.C. - July 25, 2013 - (RealEstateRama) -- Congressman Andy Barr released the following regarding yesterday’s passage by the Financial Services Committee of H.R. 2767, The Protecting American Taxpayers and Homeowners Act (PATH Act), legis...
Kirk Stresses Key Role of Community Banks
WASHINGTON, D.C. - July 24, 2013 - (RealEstateRama) -- Following a Senate Banking Subcommittee hearing, U.S. Senator Mark Kirk (R-Ill.) today released a statement on the role of community banks in the housing finance system, and expressed his support f...
Governor Shumlin Announces $2 Million in Downtown Tax Credits
MORRISVILLE - July 24, 2013 - (RealEstateRama) -- Gov. Peter Shumlin announced the allocation of nearly $2 million in tax credits to support about $18 million in building improvements and investment to help revitalize Vermont’s downtowns and communit...
Real property taxes are due soon
LĪHU‘E - July 23, 2013 - (RealEstateRama) -- County officials would like to remind Kaua‘i property owners that the first installment of real property taxes for the 2013-2014 tax year are due on Tuesday, Aug. 20.
Robert Hurt Statement Following Committee Hearing Examining Legislative Proposal To End Taxpayer Bailouts Of...
WASHINGTON, D.C. - July 19, 2013 - (RealEstateRama) -- Congressman Robert Hurt (R-Virginia) released the below statement following the Financial Services Committee hearing examining the Protecting American Taxpayers And Homeowners Act, a legislative pr...
LOS ANGELES COUNTY PROPERTY ASSESSMENT ROLL INCREASES THIRD STRAIGHT YEAR
LOS ANGELES, CA - July 18, 2013 - (RealEstateRama) -- Today Los Angeles County Chief Deputy Assessor Santos Kreimann released the 2013 Los Angeles County Assessment Roll. The assessment roll reflects the value of all taxable property in Los Angeles Cou...
June home sales ebb, as median home price continues upward trend
LOS ANGELES, CA - July 16, 2013 - (RealEstateRama) -- California home sales pulled back in June as home prices continued to climb, with most regions posting healthy double-digit year-over-year gains and the statewide median price maintaining above the ...
Long and Smith Secure Field Hearing to Examine Blueways, Private Property Rights
WASHINGTON D.C. - July 16, 2013 - (RealEstateRama) -- U.S. Rep. Billy Long (MO-7) and U.S. Rep. Jason Smith (MO-8) today announced the House Natural Resources Committee will conduct a field hearing in West Plains, Missouri, on Monday, July 29th, to lea...
SCHUMER: CLOSE TO HALF OF WESTCHESTER VETS DON’T UTILIZE PROPERTY TAX BENEFITS AVAILABLE TO...
New York, NY - July 15, 2013 - (RealEstateRama) -- With More Young Vets Returning Home From Iraq & Afghanistan, It’s Time for the Feds to Ensure That Vets Use Local Property Tax Benefits – Worth Thousands a Year in Westchester County – And O...
Committee Leaders Announce PATH Act to End Taxpayer Bailout and Create Sustainable Housing Finance...
Washington, DC - July 11, 2013 - (RealEstateRama) -- Leaders on the Financial Services Committee today announced the PATH Act – the Protecting American Taxpayers and Homeowners Act – to create a sustainable housing finance system. The proposal
R.I. Property Management Company Fined for Failing to Notify Tenants about Lead Paint Hazards...
Boston, MA - July 11, 2013 - (RealEstateRama) -- Private Reserve Properties, LLC, a Rhode Island property management company, will pay a penalty of $21,857, and perform an additional project valued at $210,000 to settle EPA allegations that it violated...
State Property Tax Rate Remains Unchanged for 2013
FRANKFORT, KY - July 3, 2013 - (RealEstateRama) -- The Kentucky Department of Revenue has set the 2013 State Real Property Tax Rate at 12.2 cents per $100 of assessed value. Kentucky Revised Statute 132.020 requires the Department of Revenue to set t...
Treasurer McCord Says $232 Million in Property Tax, Rent Rebates to be Issued July...
Harrisburg - June 27, 2013 - (RealEstateRama) -- About $232 million in property tax and rent rebates will soon be headed to nearly half a million Pennsylvania seniors, widows, widowers and people with disabilities, according to State Treasurer Rob McCord
Udall Introduces Bill to Encourage Colorado Communities to Develop Solar Energy Projects
WASHINGTON, D.C. - June 27, 2013 - (RealEstateRama) -- Mark Udall, who serves on the U.S. Senate Energy and Natural Resources Committee, re-introduced his Solar Uniting Neighborhoods (SUN) Act today. The bill, developed based on ideas from Udall's 2010...
Banking Committee Senators Introduce Legislation to Modernize and Reform America’s Broken Housing Finance System
WASHINGTON, D.C. - June 26, 2013 - (RealEstateRama) -- U.S. Senators Bob Corker, R-Tenn., Mark Warner, D-Va., Mike Johanns, R-Neb., Jon Tester, D-Mont., Dean Heller, R-Nev., Heidi Heitkamp, D-N.D., Jerry Moran, R-Kan., and Kay Hagan, D-N.C., all member...
Maloney welcomes Senate introduction of Corker-Warner GSE reform bill
WASHINGTON, DC - June 26, 2013 - (RealEstateRama) -- Rep. Carolyn B. Maloney (D-NY), Ranking Member of the House Financial Services Capital Markets and Government Sponsored Enterprises Subcommittee, issued the following statement upon today’s introdu...
Reps. Nadler, Conyers Push for Sweeping Reform of Nation’s Housing Discrimination Laws
WASHINGTON, DC - June 26, 2013 - (RealEstateRama) -- Today, Congressman Jerrold Nadler (D-NY), the top Democrat on the Judiciary Subcommittee on the Constitution and Civil Justice, along with Judiciary Committee Ranking Member John Conyers (D-MI), intr...
Senators Heller, Stabenow Introduce Bipartisan Bill to Eliminate Tax that Hits Underwater Homeowners
Washington DC - June 19, 2013 - (RealEstateRama) -- U.S. Senators Dean Heller (R-NV) and Debbie Stabenow (D-MI) today introduced the Mortgage Forgiveness Tax Relief Act to ensure that underwater homeowners, those who owe more on their mortgages than th...
