White Birch HOA Case Update
We received notification late last week that the Iowa Supreme Court Case of the Village at White Birch Town Homeowners Association vs. Norandex Building Materials Distribution, Inc. and Wolf Construction Commercial was affirmed by operation of law. The court was equally divided, which automatically defaults to the affirmed by operation of law. Basically we were victorious right now.
This case was a really interesting one and had strong leadership and financial support from the Greater Des Moines HBA, HBAI, and the NAHB. The suit was brought forward when the general contractor of the development filed for bankruptcy and the HOA attempted to sue the subcontractors with alleged negligence and breach of the implied warranty of workmanlike construction. The case number is 11-1842.
The Session End is Near – Working Hard on a Balanced Budget
There has been substantial progress made for passage of a balanced budget. The House is moving forward and several components of that are in the Senate awaiting consideration. There were many attempts to push through budget-busting amendments or adding other new obligations for the state amounting to tens of millions of dollars, but so far it’s been fought and everything seems to be advancing. There are mixed reports of an end date to the session, perhaps next week or the week after. Our next legislative call will be Monday, April 14 at 10:00. Here are the items of interest that may affect you:
HSB 646 Homestead property tax credit; passed sub, support 3/7
HF 2094 Statute of repose/HSB 504; 2/27 passed House; sub 3/5
HF 2108 Property tax assessment/HSB 508; 2/12 passed House
HF 2129 Cap gains ex for sale of stock, sm bus/HSB 502; 3/4 passed sub; support 3/7
HF 2230 Vehicle permits/const permits on ag land/HF 2059;
2/25 passed House; 3/26 passed Senate
HF 2317 Veterans homeownership fund/HSB 617; support 2/26
HF 2321 Commercial property tax
HF 2344 Drainage/levee districts/HF 460 3/31 sent to Gov
HF 2408 Excavator notification requirements/HSB 518; 3/26 signed by Gov; against 2/26
HF 2411 St/local govt powers/eminent domain/HF 289
HF 2452 First time homebuyer tax credit/HF 2353/HSB 638; 3/26 passed House
HF 2453 Historic preservation tax credit/HF 2415/HSB 624; 3/26 passed House;
SSB 3142 and SF 2281
HF 2448 Econ dvlp/jobs prgm/housing tax incentives; 3/26 passed House
HSB 542/HF 2305
SSB 3205 Homebuyer sav acct/HSB 638/HF 2353/HF 2452 3/18 sub
SSB 3214 Wages paid by debit card; 4/3 sub
SSB 3215 Approps for rebuild IA infrastructure fund
SF 366 Radon testing/mitigation in schools/SF 49; passed Senate 2013; against 2013; 3/18 passed House with amend: S-5084; back to Senate for floor vote
SF 431 Solar income tax credit; passed Senate 2013
SF 2017 Tax exemption wetlands
SF 2034 Tornado resistance infrast prgm/HF 2100
SF 2085 Real property enhancement/HF 2057
SF 2091 co-ownership/SSB 3082 3/31 sent to Gov
SF 2191 financing work drainage districts/SF 2055; 3/26 signed by Gov
SF 2242 Vets home ownership assistance/SSB 3178; 3/3 passed Senate; support 3/7
SF 2256 Redevelopment tax credits/SSB 3050
SF 2265 Vehicle regist/levee/SSB 3140/HSB 605/HF 2273
SF 2273 Trustees of ag land in dranage districts/SSB 3172; 3/31 sent to Gov
SF 2317 Job training/apprenticeship prgms
SF 2335 Business tax credit/corp income tax
SF 2339 Redevelopment tax credits/SSB 3050/SF 2256; 3/26 passed Senate;
HSB/HF 2415/HF 2453; 4/1 passed House
SF 2340 Solar income tax credit/SSB 3201; 3/27 passed Senate
SF 2343 Renewable energy tax credit/SF 2032; 3/27 passed Senate
State of Iowa Revenues Much Stronger Than Expected
March state revenue numbers were much stronger than expected – general revenues up 4.3% over last year and sales tax is up $11.5 million more this year than last year at the end of March (+8%). The Revenue Estimating Conference predicted corporate income tax rising 5.4%, but it is at 5% and falling a little short of projections. All good signs for our state’s economy.
|We had yet another excellent “Bringing Housing Home” meeting with Senator Chuck Grassley at his office at the Federal Building in Des Moines last Friday. As always, Senator Grassley is very supportive of our issues. Participating in the meeting, from left to right are: Senator Grassley, Keith Butz, Drew Retz, Rich Fitch, and LaDonna Gratias. Also present was HBAI Executive Officer Jay Iverson.|
Bringing Housing Home
We’re nearing the end of the Bringing Housing Home campaign, with only one meeting remaining with Congressman Braley at the Cedar Rapids HBA office on April 17 at 3:00 p.m.. Here is a copy of the PDF of the brochure that we’re handing out. Please email Jay Iverson if you’d like to participate in the remaining meeting.
Member Rebate Program on Facebook
Our Member Rebate Program is on Facebook – you can click here to check it out. Over 70% of our members had rebates that more than paid for their annual HBA dues. It’s super easy to do – HBAI has some members who are rebated $5-8k annually, and they’re not huge builders either.
Lake Erie Walleye Tournament Anyone?
There is a window of opportunity to participate in a walleye fishing tournament on Lake Erie at the beginning of next month. It’s such a busy time of the year for everyone, but it’s worth thinking about. There is an opening for a team of six or an opportunity to fill an existing team with four more individuals. The openings are a result of cancellations. It’s an Iowa based deal, with most of the teams from Eastern Iowa and several more from Central. It’s a great time, inexpensive, and there are great prizes like $1,500 cash for the largest walleye each day. It’s all guided and everything is included. This is Jay writing this and several years ago I participated in it every year. I think most of the years I won enough prizes or prize money to pay for the trip. My largest walleye was 36″ long, a monster post-spawn female. Fish in the 30-32″ category are not uncommon. Email me if you have any interest and I can get the details to you.