Committee News   

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• 12.28.2011

  Cook County Takes Action

  Municipalities are increasingly concerned about the high number of vacant properties in their jurisdictions. The Illinois Association of REALTORS® has been dealing with this issue in the Illinois General Assembly as well as in cities and villages where there has been an onslaught of proposed ordinances to regulate in this area...

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• 11.16.2010

  Proposed Changes to Lease Accounting Standards

  The National Association of REALTORS® is opposing lease accounting standard changes proposed by the Financial Accounting Standards Boards (FASB) and the International Accounting Standards Board (IASB) that would treat the income producing real estate business as a financing business on company balance sheets.

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• 11.16.2010

  Local Issues Report - November 2010

  Will County: Stormwater Maintenance and Special Service Areas(SSAs) The Land Use Committee of the Will County Board proposed that Special Service Areas(SSAs) be a part of the County’s Stormwater maintenance ordinance. This would mean that, as an example, a developer could be required by the County to establish an SSA with a new development.
  

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• 08.16.2010

  Commercial State Legislative Report - August 2010

  The 2010 spring session of the Illinois General Assembly is under way and there are several bills that affect Commercial Real Estate, including the following: Senate Bill 3334 was passed by both houses and was signed into law on July 16, 2010.

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• 04.04.2010

  Commercial State Legislative Report

  Prepared for the Northern Illinois Commercial Association of REALTORS The 2010 spring session of the Illinois General Assembly is under way and there are several bills that affect Commercial Real Estate, including the following: Senate Bill 3334 deals with the issue of property tax valuation of foreclosed properties

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