Posted on Wednesday, December 20, 2017 9:14 AM By George Lettis
Associated Builders and Contractors (ABC) President and CEO Michael D. Bellaman released the following statement after Congress passed The Tax Cuts and Jobs Act:
“This is a historic day for the construction industry. For too long, ABC’s 21,000-plus members have paid the highest effective tax rate of any sector of the economy. We are a capital-intensive, cash-flow challenged, domestically oriented industry comprised mostly of small, family owned and closely held merit shop construction companies employing hardworking Americans. Our members have waited for Washington to let them keep more money in their paychecks, which would enable them to invest back in their businesses, create new jobs in their communities and grow the economy. The wait is finally over.
Posted on Wednesday, March 22, 2017 1:02 PM By Jeff Leieritz
ABC is encouraging all members to call on their representatives in Congress to cosponsor the Fair and Open Competition Act (H.R. 1552/S. 622). The bill, introduced by Rep. Dennis Ross (R-Fla.) in the U.S. House of Representatives and Sen. Jeff Flake (R-Ariz.) in the U.S. Senate, would ensure controversial project labor agreements (PLAs) cannot be mandated on taxpayer-funded construction projects.
Posted on Wednesday, August 5, 2015 9:51 AM By Kinsey Cooper
President Obama signed a three-month extension of federal highway funding on July 31, less than 24 hours before the funds were set to run out. The short-term extension of the Highway Trust Fund (HTF), which funds safety, highway, transit and other transportation-related programs, is the 34th short-term, stopgap bill in the past six years.
Posted on Monday, July 21, 2014 2:50 PM By Donna Puglisi
With six short months before the Terrorism Risk Insurance act (TRIA) is set to expire, the U.S. Senate voted 93-4 to pass the Terrorism Risk Insurance Program Reauthorization Act of 2014 (S. 2244) which would ensure the construction industry is able to secure affordable terrorism insurance for seven more years.
Posted on Tuesday, November 26, 2013 10:32 AM By Donna Puglisi
ABC Nov. 21 expressed concern over a controversial change in U.S. Senate rules and procedures that will allow the majority party to skirt a filibuster to confirm certain presidential appointments. Traditionally, 60 votes have been needed to confirm nominees and pass legislation, but by invoking this unprecedented rule change along partisan lines, the majority has lowered that threshold to a simple majority of 51 votes.
Posted on Wednesday, May 15, 2013 2:11 PM By Kinsey Cooper
The U.S. House of Representatives May 8 voted 223-204 to pass the Working Families Flexibility Act (H.R.1406), which would amend the Fair Labor Standards Act (FLSA) to provide compensatory time for employees in the private sector.
Posted on Wednesday, April 24, 2013 11:01 AM By Kinsey Cooper
The U.S. House of Representatives Committee on Education and the Workforce April 17 approved the Working Families Flexibility Act of 2013 (H.R. 1406) by a vote of 23-14. The bill would amend the Fair Labor Standards Act to provide compensatory time for employees in the private sector.
Posted on Wednesday, March 27, 2013 4:47 PM By Kinsey Cooper
The U.S. House of Representatives and the U.S. Senate last week voted to pass their respective budget resolutions, marking the first time in four years that both chambers of Congress have approved a fiscal plan for the federal government.