|Top 10 NCHBA Actions to Benefit Our Members in 2015
1. Prohibited Aesthetic Controls on One-and Two-Family Dwellings â€”SB 25 (Session Law 2013-86, effective 06/19/15) . COST SAVINGS: Varies based on whether and to what extent local governments imposed such controls; however, statewide savings are estimated to be in the millions of dollars in those jurisdictions which did and others which were likely to follow.
2. Exempted Buildersâ€™ Inventory from Property Taxationâ€”HB 168 (Session Law 2015-223, effective for taxable years beginning on or after 07/01/16 and applies to subdivision of land or other improvements made after 07/01/15) . COST SAVINGS: The NAHB Economics Department estimates savings of $145 million annually.
3. Repealed Municipal Protest Petition Authorityâ€”HB 201 (Session Law 2015-160, effective 08/01/15) COST SAVINGS: Millions of dollars in projects which will be built as a result of repeal.
4. Enacted Building Code Regulatory Reform Actâ€“HB 255 (Session Law 2015-255. Effective 10/01/15) COST SAVINGS: Millions of dollars in avoided future costs.
5. Enacted Favorable Land Development Law Changes â€”HB 721 (Session Law 2015-187, effective 10/01/15) COST SAVINGS: Millions of dollars in future avoided land development costs.
6. Fixed Disposal of Condensation Issues for High Efficiency Furnaces and Air Conditioning Unitsâ€” NCHBA added amendment to HB 538 (Session Law 2015-207, effective 10/01/15) COST SAVINGS: Hundreds of thousands of dollars in avoided costs as well as future energy savings by preserving the option of high efficiency furnace installation.
7. Helped Pass Regulatory Reform Act of 2015â€”HB 765 (Session Law2015-286, generally effective 10/22/15) COST SAVINGS: Millions of dollars statewide.
8. Helped Pass Local Government Regulatory Reform Actâ€”HB 44 (Session Law 2015-246, generally effective 09/23/15) COST SAVINGS: Millions of dollars statewide
9. Established NCHBA Volume Builders Councilâ€”This new council, composed of national and regional production building companies all of whom pay a special dues assessment for council membership, provides additional resources for NCHBA advocacy efforts and affords a voice to this important segment of our industry Currently the council is composed of more than 20 production building companies.
10. Created the Home Builders Education Fund, Inc.â€”During the 3rd Quarter meeting, the NCHBA Board created this entity, organized under Section 527 of the Internal Revenue Code, to provide additional resources to assist in the election of pro-housing officials and for other advocacy purposes. This entity will supplement and compliment the role of NCHBAâ€™s existing political action committee (BUILD-PAC).