NAR Coalition Letter House Budget Committee Regarding G-fee FY 17 Budget Resolution
Issue Date: March 10, 2016
On March 10, 2016, NAR as part of an industry coalition, sent a letter to Chairman Price and Ranking Member Van Hollen of the House Budget Committee.
The letter urges the House Budget Committee to include a provision in the Fiscal Year 2017 Budget Resolution that would prohibit the use of Fannie Mae and Freddie Mac guarantee fees (“g-fees”) as a funding offset. Such a provision was included by both the House and Senate in last year’s Budget Resolution and was instrumental in preventing Congress from taxing homeowners to pay for unrelated spending.