Today the Idaho Legislature convenes for the 2010 legislative session. Governor Otter presented his State of the State speech which outlined a no-growth budget for next year, the same revenue figure as last year calling for no salary increases for state employees; and spending all but $32.8 million of the state’s reserve funds by the end of fiscal year 2011.
The theme of the legislature will be the budget. With a major budget shortfall sales tax exemptions are looked to for sources of revenue, and we will defend your hard earned commissions vigorously. We will also face new fees that ultimately increase the cost of housing at a time when costs have become much more affordable. We will face new regulations that harm future development. We will promote issues that benefit the economy of the state and attract new business to Idaho in the future.
One of the primary roles of the REALTOR® Associations is to protect the real estate industry from undue burden and further issues important to REALTORS®. As one of the most prominent lobbyist organizations in Idaho and the country, we work against poorly designed small business and real estate issues and legislation and create new laws to promote quality of life and the industry.
Special thanks to all of you who invested in RPAC during the dues renewals, the money is critical in keeping our voice strong. We will be at the Capitol to ensure the voice of the real estate industry is heard.
Monday, January 11, 2010
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