March 25, 2019

PAR Capitol Report Gives Legislation Update

First-Time Homebuyers Savings Account Legislation Moving

Legislation that would create a First-time Home Savings Account program was recently introduced in the Senate. Senate Bill 309 (Mensch, R-Montgomery) was introduced in February and is expected to be voted on in the Senate Urban Affairs and Housing Committee the week of March 25..

Companion legislation, House Bill 128 (Brown, R-Monroe), passed the House in February and has been referred to the Senate Urban Affairs and Housing Committee.

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Carry-over CE Bill Moves

House Bill 64 would allow licensed professionals, who must meet continuing education requirements, to accrue CE credits in excess of any CE credits required for biennial renewal passed the House this week. House Bill 64 (Readshaw, D-Allegheny) would allow carryover CE to be valid for one biennial renewal term only. PAR's Legislative Committee voted to support this legislation.

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Private Road Act Legislation Introduced

Rep. Gary Day (R-Lehigh) proposed legislation that would amend the Private Road Act to require homeowners who access their properties through a private roadway to contribute to the maintenance of that road. House Bill 523 was introduced because new banking regulations would prevent homeowners who access their houses through a private road from obtaining certain loans because they lacked a written agreement for the maintenance of the private road. PAR has heard from Realtors® throughout the state who have experienced challenges with home sales that include a private road way.

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