Regulatory updates

The Federal Reserve, the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation issued a statement Dec. 18 to reinforce cautious risk-management practices related to commercial real estate (CRE) lending.

Industry groups encourage Congress to extend and enhance Section 179D.

Case to be heard by Supreme Court.

NAREIT opposes most of EPA rule.

PNLR Council offers feedback to Department of Labor.

Catherine Barré has joined NAREIT in a newly created position.

NAREIT is part of a new coalition promoting corporate governance policies focused on long-term shareholder value. 

Industry groups object to California bill to create split-roll property tax system.

A coalition of industry organizations, including NAREIT, are encouraging Congress to reform FIRPTA to help alleviate the shortfall in U.S. infrastructure funding.

Remote Transaction Parity Act of 2015 would promote a level playing field between online and brick-and-mortar retailers.

Last week, a joint committee of the House of Representatives and Senate in Hawaii approved S.B. 118, a bill calling for a study on the impact of REITs in the state and the potential effect of repealing the dividends paid deduction (DPD)for REITs.

Reps. Kevin Brady (R-TX) and Joseph Crowley (D-NY) introduced a bill on April 30 in the U.S. House of Representatives to reform the Foreign Investment in Real Property Tax Act (FIRPTA).