November Legislative Pulse

The CAA Legislative Pulse is a monthly newsletter designed to keep Charleston Apartment Association members abreast of topical political news impacting the industry.  The CAA Legislative Pulse is typically released to members the fourth Tuesday of each month and is being sent out a week early this month due to the TRIA call to action.

Timely News from the National Apartment Association -

Congress: Reauthorize the Terrorism Risk Insurance Act (TRIA)

On top of the legislative "to-do" list for Congress is to complete their work to reauthorize the Terrorism Risk Insurance Act (TRIA).  NAA and NMHC continue to lobby Congress, specifically the House of Representatives, to act now before the program expires Dec 31, 2014. Industry surveys indicate most multifamily property owners carry terrorism coverage on their properties. Therefore, the need for a continued program is a bottom line issue. Without the federal backstop, it is very likely the product will not be widely available or affordable.

Your help is critical to this effort.

Please write to your Representative(s) and ask that they do two things: 1) reauthorize this program on a multi-year basis, and 2) do it before the year-end expiration.  The Senate has already passed a bill that we supported. Now it is time for the House to do the same. Click here to send your letter. You can revise the letter to reflect specific company information and impact of TRIA's expiration.

Contact information is also available in NAA's Legislative Action Center for you to call your Representative's office.  Click here for talking points on reauthorizing TRIA to use in your outreach.

The timing of your letters and calls coincides with the Lobby Day we are co-hosting with our colleagues in the Coalition to Insure Against Terrorism (CIAT) on Nov. 19 in Washington D.C. The combined effort will further increase our effectiveness.

If you have questions, please contact Greg Brown at government_affairs@naahq.org.

November Dinner Meeting PAC Fundraiser   

 

A hearty thanks to those of you who attended the dinner meeting last night!  Around $3,000 was raised for NAA PAC which will help get our voices heard and make an impact on common industry goals. 

     

2015 SCAA Legislative Day

February 25, 2015 

Save the Date: The SCAA Legislative Day will be held on February 25th at the Capital City Club in Columbia. The day begins with presentations in the morning and then Lunch with the Legislators from 12-2pm. Stay tuned for more information, including registration details, to come.

2015 NAA Capitol Conference

Save the Date for "One Industry. One Voice."  Join your peers for the apartment industry's only national advocacy event where you become stronger advocates and then turn your knowledge into action with your members of Congress.  Fly in the afternoon of March 16, participate in advocacy education on March 17, then fly out after your Capitol Hill meetings on March 18 to make the most efficient use of your time and resources.  Click here for more, including registration information.