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NAHB Calls on Trump and
Clinton to Focus on Housing


NAHB Chairman Ed Brady today called on Republican presidential nominee Donald Trump and presumptive Democratic presidential nominee Hillary Clinton to make housing a priority during this election season.
Appearing in a live segment on CNBC's "Closing Bell" on the floor of the Republican National Convention in Cleveland, Brady said: "We're here to support housing. We're bipartisan. We know housing is an important part of the economy. We want to make sure whoever wins [the election in November] that housing becomes a national priority."
Brady added that NAHB has discussed housing finance reform and other issues that are important to the industry with both the Trump and Clinton campaigns and that the NAHB leadership will also be attending the Democratic National Convention in Philadelphia later this month.


 
2016 Second Special Session
LEGISLATIVE UPDATE

Please consult your tax professional on possible tax changes regarding your business.  Although many measures were defeated by the legislature, changes were made regarding the inventory tax credit and the state capital gains deduction.   Many of the changes take effect immediately or on returns filed on or after July 1 st  regardless of the return's tax year. 

HB 11 by Rep. Shadoin and HB 38 by Rep. M. White reduces the amount of the individual income tax deduction for excess federal itemized personal deductions.  This legislation reduced deduction rates on itemized deductions including mortgage interest and property taxes.  HB 38 had many amendments and the bill changed every step of the process.  LHBA opposed this legislation.   HB 11 did not pass out of committee and HB 38 failed on the House floor. A nay or absent vote was a vote with LHBA.  View the vote on HB 38 HERE 

SB 6 by Sen. Morrell makes changes to the inventory tax credit.   The $10,000 refund threshold was increased to $500,000.  Eligible business with up to $500,000 in inventory tax can now receive all of the refund.  $500,000 to $1,000,000 tax liability will have 75% of the credit refunded and the rest can be carried forward.  Taxpayers with liability above $1,000,000 will have the first 75% of the $1,000,000 refunded and the rest can be carried forward.  This applies to returns filed on or after July 1st regardless of the return's tax year.  LHBA monitored this measure.  SB 6 passed and was signed by the Governor.

SB 10 by Sen. Ward makes changes to the inventory tax credit for manufacturers.  If the amount of the tax credit exceeds the amount of tax liability for the tax year, the excess credit is carried forward up to five years. This applies to returns filed on or after July 1st regardless of the return's tax year.  LHBA opposed the original bill but removed the opposition after it was heavily amended.  This bill passed the legislature and is now Act 5 after being signed by the Governor. 

HB 50 by Rep.  Montoucet  originally reduced by 50% the individual income tax deduction for net capital gains.  This legislation was amended to reduce the capital gain only on the sale of a business.  The rate depends on number of years in business.  This act applies to transactions on or after June 28, 2016.  This bill was also passed and signed by the governor.

Information provided by: Michelle Shirley, LHBA Lobbyist



IBS 2017 registration is now open!

SPECIAL PRICING ENDS AUGUST 31!

IBS expo pass is FREE for NAHB members! You can also save $100 on a full registration - with access to 130+ IBS Education sessions led by industry experts and phenomenal speakers. You can also register your spouse for FREE!


LHBA Fall Board of Directors
Renaissance Arts Hotel
New Orleans, LA
October 12-14 
LHBA Block Room Rate $189
(504) 613-2330
  
There will be a BUILD PAC Fundraiser at Fulton Alley! Stay tuned for more info! 
 

BUILD-PAC'S NEW "FAIR SHARE" PROGRAM

BUILD-PAC's new Fair Share campaign is the easiest way to get involved in the political process. We are asking every member to do their Fair Share for the housing industry by contributing just $25 to BUILD-PAC during the 2015-2016 election cycle.


What would happen if every NAHB member did their Fair Share? 
If every member does their Fair Share and invests a minimum of $25, then BUILD-PAC will be a $3.5 Million PAC. This would allow BUILD-PAC and housing to have an even greater impact in the 2016 elections. 

What is my Fair Share going toward? 
Your contribution helps elect pro-housing, pro-business candidates who will support our issues and fight for housing in Congress.

How can I help with the Fair Share campaign? 
Please help your state meet its goal. During your state and local meetings back home, ask your peers to do their Fair Share for housing by contributing just $25 to BUILD-PAC in this election cycle. If every member does their Fair Share, then BUILD-PAC's voice will be LOUDER and STRONGER than ever before.

Questions? For more information contact BUILD-PAC staff. 
Meghan Everngam, Assistant Vice President | (202) 266-8259 | MEverngam@nahb.org Sofia Fox, Fundraising Manager | (202) 266-8248 | SFox@nahb.org Sashia Moore | (202) 266-8114 | SMMoore@nahb.org NAHB.org/buildpac 




REMODELERS, 
GET THE CREDIT YOU DESERVE!!

Louisiana Home Builders Association Remodelers Council is hosting the 2016 Louisiana Remodeling Excellence Awards (LREA) for projects completed between May 1, 2015 and October 1, 2016. Winners will be announced on  January 26, 2017 at the LHBA Installation and Awards Banquet. 

All remodeling contractors, builders, kitchen & bath specialists, and other remodeling professionals properly licensed in the State of Louisiana may submit projects. Contact  Jeannie@LHBA.org f or entry packet information. Deadline to submit entries is November 1, 2016.


Continuing
Education
Credit Opportunities
 
 
Residential Builders must earn 6 CEU credits each year, even with a multi-year license.


Acadian HBA
Sept 21 - Builder Ed Seminars - 3 Classes in 1 Day:
  • "HVAC Overview: EPA & Industry Regulations, Insulation & More" feat. Butcher Distributors, 9-11a (2 CEUs)
  • "Special Subcontractor Licensing Rule" feat. LA State Licensing Board for Contractors, 11a-Noon (1 CEU)
  • "Building Codes Update & Review Plus Enforcement" feat. Lafayette Codes Department, 1-4p (3 CEUs) 
Northshore HBA 
Sept 8 - DiSCStyle Class 9am-11am
Northshore HBA Office, 28603 Krentel Rd., Lacombe [map]
Cost:  $45 for HBA members (and their staff/co-workers) and $60 for non-members.
RSVP:  Call 985-882-5002
Space is limited so reserve your spot today!
 
Southeast LA HBA
 
Sept 7th 11 AM-1 PM
Lunch & Learn
   
Online Permit Application Process
Guest Speaker:  Chris Pulaski director of Planning & Zoning of Terrebonne Parish Consolidated Government
Register by:
  • phone at (985) 868-4725
  • mail registration form SLHBA, 147 Capital Blvd., Ste A, Houma, LA 70360
  • fax registration form (985) 222-2612
  • email registration form to slhba@att.net 
 

CONTACT YOUR LOCAL ASSOCIATION FOR UPCOMING COURSES
UPCOMING LOCAL ASSOCIATION EVENTS


Acadian Home Builders Association
Aug 4 - After Hours Member Mixer, 5-7p, LUS Fiber Customer Service Center
Aug 9 - General Membership Luncheon feat. Reps. Stuart Bishop & Jean Paul Coussan, 11:30a, River Oaks Event Center
Aug 18 - Builder Ed Seminar: "Concrete 101" feat. Concrete & Aggregate Association of LA (CAAL), 9a-4p (6 CEUs), AHBA office
Aug 26 - 3rd Annual Casino Night, 7-11p, River Oaks Event Center
Sept 13 - General Membership Luncheon, 11:30a, River Oaks Event Center
Sept 19 - AHBA's Annual Doug Ashy Sr. Golf Tournament, 9:30a, Oakbourne Country Club

Northeast LA HBA 
Aug 16 - Membership Update Breakfast, Homeland Bank, Monroe, 7:30 - 8:30 am
Sept 15 -  Associate Appreciation Fish Fry, Ouachita Parish Rifle Range Multipurpose Building, West Monroe, 6:00 pm
Oct 17 -  Election of Officers & Spike Appreciation, Warehouse #1 Restaurant, 1 Olive Street, Monroe LA 6:00 pm
Dec 8 - Christmas Party, Installation Banquet & Auction, Bayou Landing, 7805 DeSiard St, Monroe, LA 6:30 pm
 
 
Northshore HBA
Aug 2nd - General Membership Meeting 11:45am at Fleur de Lis Event Center, Mandeville
Sept 6 - General Membership Meeting 5:30pm at Trey Yuen, Hammond


Southeastern LA HBA
Sept 23 - Annual Golf Tournament 9:00 AM Tee Time
LaTour Golf Club
300 LaTour Blvd., Mathews
  •          $500 a team for a 4 person team.
  •          $20 a person for Mulligan Package
  •          Deadline to register is September 23rd.
Many Sponsorship Opportunities are available.
For More information call (985) 413-7422 Or  (985) 868-4725
Or visit our website at.  www.selhba.org/swing-into-spring

Southwest LA HBA
Aug 17 - Lanza Family Fish Fry for the HBA, SW Louisiana
6PM at the Chalkley Room (Burton Coliseum)
Lake Charles, LA



 


LHBA Events
 
LHBA Executive Committee
September 1 
 
LHBA Fall Board of Directors
October 12-14 
Renaissance Arts Hotel New Orleans
New Orleans, LA

LHBA Executive Committee
December 15

NAHB IBS 
Orlando, FL
January 9-12

LHBA Installation & Awards Banquet 
and Board of Directors 
January 25-27

LHBA Executive Committee 
March 30

LHBA Board of Directors & Legislative Day 
May 9-11

NAHB Midyear Meeting 
Washington DC
June 13-17

LHBA Executive Committee 
June 22

LHBA Summer Board of Directors 
Pensacola, Florida
August 2-4


Social Media
Like us on Facebook

LIKE US on Facebook and visit our blog for more up-to-date information going on around you! 
General Liability Coverage for Builders
Workers' Comp.
Ask about the VIP program!  
If you are not a member with us or you have subcontractors that maybe interested, contact Home Builders SIF for more details. 1.877.LHBASIF (1.877.542.2743)
LHBA Builders Risk Program
New Homes
Find and list new homes now using our New Homes Directory linked to our website  Click Here!  
Do Business with Members!!!
LHBA Buyer's Guide
 
 
As an NAHB benefit, members have access to discounts and savings opportunities offered by many top companies  


THANK YOU TO OUR 2016 
Ambassador Sponsors:




LHBA MISSION STATEMENT
Our goal is to provide Louisiana with quality housing that is safe and affordable.

The Louisiana Home Builders Association is comprised of Builders & Associate members which:

  • Represents the homebuilding industry before state & regulatory bodies
  • Serves as the chief advocate of private property rights

  • Educates the general public as to the advantages of utilizing licensed builders

  • Promotes professionalism in the homebuilding industry

  • Promotes economic development & quality of life in Louisiana

Membership Benefits and Rebates 
GET REBATES FROM SUPPLIES YOU ALREADY USE!

  As an LHBA member, you can be putting money back into your pocket with our NEW and EXCITING LHBA Member Rebate Program!  It's very simple to sign up, but to collect the rebates you've earned in 2012, you MUST sign up before February 20th!
www.lhba.org
Check out our website to search for events and other news around t he state
2016
LHBA Senior Officers

Jim Fine,
President

Conrad Blanchard,
1st Vice President

Nick Castjohn,
2nd Vice President

Curtis Loftin,
3rd Vice President

April Becquet,
Associate VP

Ray Kothe,
NAHB Representative

Peter Young,
Immediate Past
President 

Contact Information
Stephanie Reid

Louisiana Home Builders Association

660 Laurel Street
Suite A
Baton Rouge, LA 70802

stephanie@ LHBA.org

(225) 387-2714

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