|These photos are all starting to look the same, but this legislative session has been a blur of non-stop meetings covering a wide variety of topics. This is the first funnel week, so everyone is scrambling to clean up the giant volume of bills that everyone threw at the wall to see what would stick. It should be a little more orderly from here on out. HBAI has been successful in keeping our bills alive thus far, other than the “Right to Repair” bill, which has an uncertain future. Mainly because there were so many organizations, including the State Attorney General, all attorney groups, and many unions against it.|
Doug Mayo Memorial Golf Outing Registration Open
Let’s think about the nice weather that we’ll have next June 22 for the Fifth Annual Doug Mayo Memorial Golf Outing. It will be a great time, as it always is. The registration is open now, so gather up your foursome and sign up before it sells out. Once again it will be at Copper Creek Golf Course and begins with a 10:00 a.m. shotgun start. Click here to register. There are plenty of opportunities for hole, beverage, and prize sponsorships too – so get your company name in early for maximized exposure in our promotional materials.
February 23 is Last Chance for 2017 Rebate Claim
The deadline to file your fourth quarter 2017 claim is going to be Friday, February 23. Claim for any single family home, remodeling project or multi-family units completed from October – December 2017. CLAIM TODAY and be rewarded for your loyalty to our 50+ manufacturer brands!
Click here for the claim form.
Click here for a text reminder.
Click here for a calendar reminder.
If construction is your business, then politics is your business. We work hard to elect pro-housing candidates at the Federal and State level. If you do not care about harmful regulations and laws affecting your business, that’s one thing, but BUILD-PAC is an investment in your business. We’re proud to have the following leaders give, but we could do so much better. South Dakota alone has 49 Gold Keys. It’s like that in many states. Here are your industry leaders so far in 2018:
Capitol Club ($5,000 or higher)
Platinum ($2,500 or higher)
Gold Key ($1,000 or higher)
Federal Senate Banking Committee Ask
The Federal Senate Banking Committee has been asked to move forward on a long-term reauthorization of the program to ensure accidental lapses between short-term reauthorizations like we have seen in the past do not occur. The budget package also includes the following provisions that are positive for housing:
- Mortgage insurance premiums. Consumers who file their taxes can deduct premiums paid for private mortgage insurance in 2017. The deduction does not apply for mortgage insurance premiums paid in 2018.
- Mortgage forgiveness tax relief. The budget accord eliminates any taxes home owners might face due to renegotiating the terms of a home loan, which result in forgiving or canceling a portion of the outstanding mortgage, particularly in connection with short sales. The debt forgiveness pertains to debt discharged in 2017 but not in 2018.
- More funds for worker training. The spending bill proposes an additional $100 million to retrain workers in areas hit last year by hurricanes Harvey, Maria and Irma. It also includes $30 million to rebuild Job Corps centers in Puerto Rico.
Energy-Efficient Home Credit Extension
The Bipartisan Budget Bill of 2018, which President Trump signed into law on February 9, 2018, has extended the Energy-Efficient Homes Credit for homes sold before December 31, 2017. The extension allows builders a $2,000 credit for each “dwelling unit” built and sold/placed into service before the extended date of December 31, 2017.
This credit has historically been thought to apply to single family “homes,” but is also available for Energy Efficient townhomes, condos, and apartments, assuming they meet the description of a “dwelling unit.” This “dwelling unit” concept dramatically expands the builders and contractors who able to claim this credit.
Additionally, these credits can be claimed on an amended return. Therefore, if you have built energy efficient multi-family dwellings that are less than 3 stories above ground, you could go back and amend your returns to claim a $2,000 credit for each unit built.
Thanks to Jodie McDougal and the Davis Brown Law Firm for the update.
Legislative Update February 9
HF2001 – Service and Assistive Dogs in Rental Property – A bill for an act relating to service dogs and assistive animals in residential rental property, providing for landlord remedies to remove dogs and animals, and providing penalties for misrepresenting an animal as a service dog or assistive animal. HBAI Supports
HF2233 – (Successor to HSB524) Mechanics Lien – Under current law, a lien statement may only be amended by leave of court in furtherance of justice or as to the amount demanded. The bill provides that a lien statement may only be amended by leave of court in furtherance of justice or to decrease the amount demanded. An amendment to decrease the amount demanded must be accomplished through the mechanics’ notice and lien registry. The bill provides that amending a lien statement to decrease the amount demanded does not affect the priority of the lien statement. The bill also provides that a lien statement shall not be amended to increase the amount demanded. HBAI Supports
HF2234 – (successor to HSB531) (Companion to SSB3053 Succeeded by SF2168) Shortening Periods of Time from Foreclosure – This bill shortens the periods of time associated with redemption of real property from foreclosure in Code chapter 628. It changes the period of time that a defendant-debtor may redeem real property from within one year of sale to within six months of sale. It also changes the period in which the defendant-debtor has the exclusive right of redemption from six months after sale to three months after sale. HBAI Undecided
HF2240 – (Successor to HF2019) (Companion to SSB3156 Succeeded by SF398 in 2017) – Electronic Wage Statements – Current law requires employers to provide certain employees on each regular payday with statements showing hours worked, wages earned, and pay deductions made. The employer may send the statement by mail or provide it at the employee’s normal place of employment during normal employment hours. This bill permits an employer to also provide the statement by secure electronic transmission or by other secure electronic means. HBAI Supports
HSB588 – Utility Charges to Tenants – The bill removes the requirement that a landlord provide the name of a tenant that is responsible for a delinquency in a notice to a city utility or enterprise. The bill also removes the requirement that a landlord provide a new notice to a city utility or enterprise if the tenant responsible for a delinquency moves out. HBAI Supports
HSB616 – Alternative Project Delivery Contract Methods – Under current law, all Iowa government entities except the Board of Regents are limited to only using the Design-Bid-Build (DBB) project delivery method to build public projects. This legislation would give all state and local governments (except the Iowa Department of Transportation) the option to use alternative project delivery methods like Design-Build and Construction Manager-at-Risk (CMAR) as well.
Government Entities would be required to disclose its intent to use the design-build or CMAR delivery methods at regular meetings at least one week prior to publishing the request for proposals. Notice of requests for proposals must be advertised by publication in a newspaper of general circulation published in the county where the government entity is located once a week for two consecutive weeks prior to opening the proposals, or by a virtual notice procedure that notifies interested parties for at least twenty various purchases, design contracts, construction contracts, or other contracts each year for the government entity. The government entity shall publish a notice of a request for proposal with a description of the project, the procedures for submission, and the selection criteria to be used. HBAI Undecided
SSB3110 – (Companion to HSB568 succeeded by HF2253) Competitive Bidding Requirements – This bill relates to competitive bidding requirements for construction on properties that certain government entities will lease or lease-purchase. HBAI Supports
SSB3142 (companion to HSB633) – Unenforceable Provisions in Rental Agreements – The bill provides that landlords cannot willfully enforce provisions that the landlord knows are prohibited in a rental agreement for a rental property. The bill also provides that a landlord or a tenant cannot knowingly enforce provisions known to be prohibited in a rental agreement for a space at a mobile or manufactured home park. HBAI Undecided
SF2166 – (Successor to SSB3012) (Companion HSB605)- Redemption of Parcels Sold at Tax Sale – This bill relates to the mechanism by which minors or persons of unsound mind, or their legal representatives, who own real estate which was sold at a tax sale may redeem such parcels. The bill defines “legal representative”. HBAI Undecided
SF2175 – Partition of Property (Successor to SSB3065) – This bill relates to partition of property in kind and partition of property by sale and creates new Code chapter 651. The bill includes partition provisions currently in the rules of civil procedure. The bill defines terms not previously defined for partition including “ascendant”, “collateral”, “cotenant”, “descendant”, “heirs property”, “owelty”, and “relative”. HBAI Undecided
HF2232 (successor to HSB504 [HBAI in Favor]) (Companion to SSB3013 [HBAI in Favor] and SF2138) – Mortgage Releases – require that within 30 days of a mortgagor fully paying off a mortgage, a mortgagee must execute, acknowledge, and record a written instrument of satisfaction referring to the mortgage. HBAI Supports
SF2225 – Department of Corrections Appropriation for Home Building Program – This bill appropriates project funding ($2 million) for FY 2018-19 from the Rebuild Iowa infrastructure fund for certain costs associated with establishing a home building program to provide low-cost homes for income-qualified buyers. HBAI Supports