Maryland Association Saves Mortgage Interest Deduction

Maryland Association Saves Mortgage Interest Deduction

November 2012

One month in to the Maryland State Legislature’s 90-day session this past winter, the Governor unveiled a proposal that would trim the state’s Mortgage Interest Deduction (MID). The 22,000-member Maryland Association of REALTORS® had to act quickly. NAR approved a $300,000 Issues Mobilization grant, which funded half the cost of an extensive advertising and public education campaign, which included polling, robo-calls, print and online advertising and plenty of media relations. The endeavor was capped by a huge rally organized by MAR outside the office windows of the Governor and key legislators in the Maryland Statehouse. Thanks to the quick and decisive action of the Maryland REALTORS®, and the strong support and deep resources from the national level, the issue resonated, the people spoke, and the proposal failed to launch.

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