Make plans to attend: NCSHA's Annual Conference & Showplace Learn more.

Summary of EXPIRE 2014

The bill extends for two years the $250 above-the-line tax deduction for teachers and other school professionals for expenses paid or incurred for books, supplies (other than non-athletic supplies for courses of instruction in health or physical education), computer equipment (including related software and service), other equipment, and supplementary materials used by the educator in the classroom. A two year extension of this provision is estimated to cost $430 million over 10 years. […]

Read More… from Summary of EXPIRE 2014

Summary of the Housing Finance Reform and Taxpayer Protection Act of 2013 (Corker-Warner)

The Housing Finance Reform and Taxpayer Protection Act of 2013 (S. 1217), also known as Corker-Warner, would phase out Fannie Mae and Freddie Mac over five years and replace them with the Federal Mortgage Insurance Corporation (FMIC), which would sell federal guaranteed catastrophic reinsurance on mortgage-backed securities (MBSs), among other provisions. […]

Read More… from Summary of the Housing Finance Reform and Taxpayer Protection Act of 2013 (Corker-Warner)