CCIM Makes its Voice Heard on Capitol Hill
More than 80 CCIM members from across the U.S. participated in the annual Capitol Hill Visit, held during National Association of Realtors Legislative & Trade Expo in Washington, D.C., May 14-19. CCIM Institute's legislative initiatives such as Internal Revenue Code 1031 like-kind exchange were the main focus.
“The risk of limiting this key piece of legislation is more real today than at any time in the last 10 years,” says Chad Gleason, CCIM. “Without the unabated support of CCIM Institute, we could not present a unified commercial real estate voice to members of Congress.”
Continuing CCIM Institute's partnership with NAR, the annual meetings allow for CCIM Institute members to take an active role to advance the commercial real estate industry, public policy, and CCIM designation. Additional topics included the Marketplace Fairness Act, National Flood Insurance Program, EB-5 investor visa program, and commercial real estate finance regulatory reform.
“Integrating our activities with NAR underscores the strength of both organizations,” says 2017 CCIM Institute President Robin L. Webb, CCIM. “It allows us direct access to those in Congress who control the legislation that affects and governs the industry, providing additional benefits and cost savings to our members.”
CCIM Institute's Government Affairs Subcommittee will also begin its new Congressional In-District Meetings initiative in August. Modeled after the successful program initiated by the Institute of Real Estate Management earlier this year, the goal is for CCIM members to meet with their representatives at their district offices while they are on summer recess.
“It is anticipated that serious tax reform will begin to take shape in September,” says William T. “Bill” Adams, CCIM. “Influencing and educating members of Congress before they return to Washington is the goal.”