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From the category archives: Legislation

Legislation

ABC and Coalition Supports Restoring Access to Medication Act

ABC, as part of the Health Choices Coalition, sent a letter to Sens. Pat Roberts (R-Kan.) and Mary Landrieu (D-La.), supporting the Restoring Access to Medication Act, an effort to avert the unintended consequences resulting from the restrictions in the Patient Protection and Affordable Care Act (PPACA) placed on tax-preferred accounts that prohibit their use for purchasing over-the-counter (“OTC”) medications without a prescription.
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ABC of California-Opposed Prevailing Wage Legislation Signed By Governor

ABC of California expressed their concern and opposition for two bills signed into law Oct. 13 by Gov. Jerry Brown (D) that will expand prevailing wage requirements and drive up the costs of local public and private projects.
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Precedent-Setting Decision Upholds Michigan Law Banning PLA Mandates

ABC National and ABC of Michigan Sept. 6, celebrated a victory when the U.S. Court of Appeals for the 6th Circuit upheld a law that banned government-mandated project labor agreements (PLAs) on taxpayer-funded construction projects.
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California Fringe Benefit Law Will Harm Merit Shop Contractors

California Gov. Jerry Brown (D) Aug. 27 signed into law S.B. 776, which is designed to curtail the ability of contractors to count contributions to merit shop labor-management cooperation committees (LMCCs) against their fringe benefit obligations only if those committees monitor and enforce the prevailing wage. Other activities will still be allowed. The legislation preserves that ability for contractors contributing to similar committees run by unions.

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P3 Conference in Texas to Focus on Water Infrastructure Projects

As part of ABC’s partnership with the National Council for Public-Private Partnerships (NCPPP) to educate lawmakers and the construction industry about the benefits of public-private partnerships (P3s), ABC South Texas Chapter is sponsoring a conference Sept. 11, in Austin, Texas. Read the rest of entry »

New Study Shows S-Corps Pay Highest Effective Tax Rate

Two key pass-through structures favored by small businesses pay a significantly higher effective tax rate than large corporations, according to an Aug. 7 study released by National Federation of Independent Business and the S Corporation Association, of which ABC is a coalition member.  Analysis by Quantria Strategies shows that S corps will pay the highest effective tax rate in 2013 at 31.6 percent, compared to 29.4 percent for partnerships, 17.8 percent for C-corporations and 15.1 percent for sole proprietorships.  Effective tax rates are the percentage of income businesses pay in taxes.

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House Passes Bipartisan Regulatory Reform Bills

The U.S. House of Representatives passed two bills in bipartisan votes that will help reform the regulatory process. The Regulations from the Executive in Need of Scrutiny (REINS) Act (H.R. 367) passed 232-183 on Aug. 2 and the Energy Consumers Relief Act (H.R. 1582) passed 232-181 on Aug. 1.
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White House Plan Would Mean Billion Dollar Tax Hike for Contractors, Small Businesses

The White House corporate tax reform proposal unveiled by President Barack Obama in Chattanooga, Tenn., is no ‘grand bargain,’ said ABC. Obama’s plan consists of the same corporate tax cuts proposed last year paired with new stimulus spending for infrastructure and manufacturing paid for with one-time tax revenue.
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NLRB Fully Staffed After Senate Confirms Five Members

The U.S. Senate voted July 30 in favor of five presidential nominees to the National Labor Relations Board (NLRB). They included new members Nancy Schiffer (D) and Kent Hirozawa (D), as well as NLRB Chairman Mark Pearce (D), who was reconfirmed. Two Republicans, Harry Johnson III (R), Philip Miscimarra (R), were also confirmed by voice vote. 
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House Passes Bill to Avert EPA Regulation of Coal Ash

The U.S. House of Representatives July 25 passed in a bipartisan vote of 265-155 to pass the Coal Residuals Reuse and Management Act (H.R. 2218), which would establish a baseline for coal combustion residuals (CCR) disposal while maximizing flexibility for individual states. 
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