The Climate for Licensing Community Association Managers: Sweeping Occupational Licensing Reform
The Trump administration has continued the efforts started by the Obama administration by urging states to take up occupational licensing reform. The 2019 legislative sessions saw momentum building in several states. Experts believe occupational licensing laws are inhibiting economic opportunity and hurting consumers. A recent analysis by the Institute for Justice suggests licensing costs the U.S. economy between 1.8 and 1.9 million jobs and between $183.9 and $197.3 billion each year in misallocated resources and lost output. Only seven states had licensing of the community association management profession on the 2019 legislative agenda.