Policy & Public Affairs

The Washington update panel, held during Nareit’s REITworks: 2020 Virtual Conference, discussed tax legislation and proposals affecting commercial real estate with a focus on the current election, diversity and inclusion, and COVID-19.

Congresswoman, business and insurance industry leaders emphasize need for public-private pandemic risk insurance program.

Nareit, the U.S. Chamber of Commerce, and other leading groups have sent a letter to the Senate Banking Committee Heads in support of H.R. 5084, legislation that would establish a model to boost diversity on boards through disclosure.

The Coalition for Business Continuity is working to find ways to reduce the economic damage from new outbreaks of COVID-19.

Bill that would have disallowed the dividend paid deduction for REITs is dead for the session.

The letter authored by Rep. Emanuel Cleaver (D-MO) asks how insurers have responded to COVID-19.

Nareit and other trade groups strongly opposed the bill.

The Coalition to Insure Against Terrorism believes TRIP has been successful in making terrorism coverage available for commercial policyholders.

Calif. Senate Appropriations Committee moves SB 939 to suspense file, a holding place for bills with fiscal impact to the state in order for additional evaluation; vote expected June 18.

H.R. 7010 reduces certain restrictions for borrowers of the small business PPP loan program enacted as part of the CARES Act in March.

Backers hope to increase property taxes notwithstanding many closed businesses from pandemic-induced crisis.

California Senate Judiciary Committee passes SB 939; bill advances to Senate Appropriations Committee.