News by Topic : Regulatory updates

  • 4/3/2015

    NAREIT Submits Testimony Opposing Hawaii Proposal

    NAREIT submitted testimony last week to the Hawaii House of Representatives Committee on Finance opposing a proposal directing two state agencies to prepare a study of REIT activities in the state (S.B. 118, S.D. 1, H.D. 1).

  • 3/30/2015

    NAREIT Joins Group in Commenting on Approach for Credit Risk

    NAREIT joined The Real Estate Roundtable, the Mortgage Bankers Association and the CRE Finance Council (CREFC) last week in submitting comments to the Basel Committee on Banking Supervision (BIS) in response to its recent consultation document proposing revisions to the standardised approach for credit risk. The consultation document covers a new framework for assigning risk weights to bank credit exposures, including those related to commercial real estate.

  • 3/20/2015

    Marketplace Fairness Act Reintroduced in Senate

    Last week, Sens. Mike Enzi (R-WY) and Dick Durbin (D-IL) introduced the Marketplace Fairness Act, S. 698, a bill designed to require online retailers to collect states' sales and use taxes from consumers.

    The bill is nearly identical to a proposal that passed the Senate in 2013 by a vote of 69-27. Sens. Lamar Alexander (R-TN), Heidi Heitkamp (D-ND), Roy Blunt (R-MO), Jack Reed (D-RI), Bob Corker (R-TN), Sheldon Whitehouse (D-RI) and Angus King (I-ME) joined Enzi and Durbin in sponsoring the bill.