A bill revising state regulations for real estate activity passed the House of Representatives this morning (Friday).
House Bill 267 – sponsored by Juneau Republican Cathy Munoz – allows realtors to donate a portion of their commission to charity, or waive it altogether if they’re handling a transaction for a non-profit. The bill also clarifies that licensed assistants are only allowed to work at one brokerage to avoid the sharing of proprietary information. Finally, it lets the Alaska Real Estate Commission designate a licensee to close down a brokerage for medical or legal reasons if an authorized broker is not available to perform the task.
Munoz says the bill was requested by the Alaska Association of Realtors.
It unanimously passed the House and now heads the Alaska Senate.
- A lawsuit filed in federal court this week seeks to remove the residency requirement for people gathering signatures for state ballot initiatives.
- For the second time in two years, a Skagway political figure has been ordered to pay a fine for incomplete financial disclosures. Assembly hopeful Dan Henry failed to disclose substantial debt on his candidate paperwork. He will still be able to run for office in the upcoming election.
- Administration officials have a mouthful of a name for it: the “capped hybrid head tax.” It's a flat 1.5 percent of wages and self-employment income, with a maximum of twice the value of that year's Alaska Permanent Fund dividend.
- A federal district court has sided with conservationists fighting to preserve the U.S. Forest Service's "roadless rule" that limits road building in national forests. Alaska conservationists opposed to expanded logging in Tongass National Forest hailed the ruling as a victory.