Speaker of the House of Representatives Nancy Pelosi (D-CA) and Sen. Tim Scott (R-SC) were among the guests who addressed national policy issues during The Real Estate Roundtable’s 2019 State of the Industry (SOI) meeting this week in Washington.
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Speaker of the House Nancy Pelosi (D-CA) addressed the Democrats' legislative priorities in the 116th Congress. |
Policy Issues & Featured Speakers
The SOI meeting included the following speakers:
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Speaker Pelosi, Roundtable President and CEO Jeffrey DeBoer, and Roundtable Chair Debra Cafaro (Chairman and CEO, Ventas, Inc.) |
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Sen. Tim Scott (R-SC), left, a leader in the development of legislation that established the new Opportunity Zones program, discussed the OZ program with Roundtable Member Geordy Johnson (CEO, Johnson Development). |
Roundtable Policy Committees
SOI also included meetings of The Roundtable's policy advisory committees, which analyzed policy issues with high-level congressional and agency staff
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Rep. French Hill (R-AR) at the joint Research and Real Estate Capital Policy Advisory Committee (RECPAC) meeting. |
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Roundtable Senior Vice President & Counsel Ryan McCormick, left, with the four chief tax counsels of the congressional tax-writing committees at the Jan. 30 TPAC meeting. |
Next on The Roundtable's FY2019 meeting calendar is the Spring Meeting on April 9 in Washington, DC. This meeting is restricted to Roundtable-level members only.
The federal government this week resumed full-time operations after a 35-day partial shutdown. A three-week bill signed by President Trump last Saturday now funds approximately 25% of the government – including the Department of Homeland Security (DHS), Treasury and the Internal Revenue Service (IRS) – until Feb. 15. If a new funding measure is not passed, the government will face another partial shutdown.
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President Trump is scheduled to deliver the State of the Union to Congress on Tuesday, Feb. 5. |
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If a new funding measure is not passed by Feb. 15, the government will face another partial shutdown. |
House Committee Hearings on Tax, Infrastructure
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House Ways and Means Committee Chairman Richard Neal (D-MA) recently addressed his legislative priorities. |
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The Ways and Means Subcommittee on Oversight, chaired by Rep. John Lewis (D-GA), has also scheduled a Feb. 7 hearing on "Legislative Proposals and Tax Law Related to Presidential and Vice-Presidential Tax Returns." |
Senate Finance Committee Chairman Charles Grassley this week said that retroactive renewal of more than 20 tax deductions that expired at the end of 2017 should be tied to a spending measure to keep the government fully funded beyond Feb. 15. "The only vehicle that I see in the next few weeks is what comes out of this closing-down conference," Grassley said,. "And if we don't have something ready to go when that's done, have a compromise on extenders ... then it's going to be a long time before we get another opportunity." (CQ, Jan. 31)