Treasury to Withdraw Two Regs That Would Hinder Home Building

Posted by Director of Government Affairs, With 0 Comments, Category: 2017, Communications, Councils, Government, Government-featured, Govt Relations,

Two wins for reducing unnecessary roadblocks for home builders came out of the U.S. Department of the Treasury recently, as it announced plans to withdraw two proposed regulations that NAHB has said would be costly and burdensome.

Click Here for more information from NAHB on the Treasury department's plans to withdraw a proposed regulations that would have raised taxes on a family business when an owner passes away and leaves the business to the next generation, as well as withdrawing plans to change the definition of a political subdivision which would have prohibited development districts needed to finance infrastructure in many states.