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From the category archives: LegislationLegislation
On Nov. 29, President Trump delivered a strong defense of reducing the tax burden on businesses of all sizes in his “Bring Back Main Street” Speech in St. Charles, Mo. He urged Congress to push tax reform across the finish line as the U.S. Senate is expected to vote on their version of the Tax Cuts and Jobs Act this week.
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On Nov. 7, ABC joined Associated General Contractors, the Leading Builders of America and the National Association of Home Builders in a letter to Congressional leaders expressing the construction industry’s concerns regarding the upcoming decisions related to the Temporary Protected Status (TPS) designations for El Salvador, Haiti and Honduras. The letter urged Congress to take legislative action to ensure that TPS holders can remain and continue to work legally in this country.
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On Nov. 13, the U.S. Senate began the first day of an expected four-day process to amend and approve their version of tax reform legislation. The U.S. House of Representatives is expected to vote on their version of the bill on Thursday, Nov. 15. If both chambers pass their respective bills, conferees will be designated to negotiate an agreement between the House and Senate versions, which currently include a number of significant differences.
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ABC praised the U.S. House of Representatives for passing the Save Local Business Act (H.R. 3441) this week with bipartisan support. ABC joined forces with a wide range of business advocacy groups, including the Coalition for a Democratic Workplace and the Coalition to Save Local Businesses, to build support for the ultimate passage of H.R. 3441.
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Any additional dollar that can stay in a construction company's cash flow can be invested in hiring and retaining talented workers. That was one of the messages ABC President and CEO Mike Bellaman conveyed this week during two live Fox Business Network appearances, as the House Ways and Means Committee unveiled a bill that reforms the tax code.
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A new study from the Beacon Hill Institute (BHI) for Public Policy Research shows the economy and the construction industry would benefit if Congress passed the Public Building Renewal Act (PBRA).
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ABC President and CEO Mike Bellaman joined President Donald Trump and other business leaders at the White House Tuesday to discuss their support for tax reform legislation. At the meeting, President Trump outlined the necessity for tax reform, and thanked the organizations present for supporting the unified tax framework.
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On Oct. 17, Senate Committee on Health, Education, Labor and Pensions Chairman Lamar Alexander (R-Tenn.) and Ranking Member Patty Murray (D-Wash.) announced a short-term deal aimed at stabilizing the individual health insurance market and lowering the costs of premiums.
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ABC joined dozens of business organizations nationwide to call on Congress to support meaningful tax reform in a full-page advertisement in the Oct. 11 edition of The Hill. The ad, an open letter to Congress, cited a recent national poll of small business owners showing that a majority would use tax cut savings to create jobs, raise wages and move into new product fields. The letter was signed by ABC President and CEO Mike Bellaman along with the CEOs of the Florida East Coast, Florida First Coast and Rocky Mountain chapters.
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On Sept. 29, ABC joined the Essential Worker Immigration Coalition (EWIC) in support of H.R. 3711, the Legal Workforce Act. H.R. 3711, which would mandate an improved E-Verify program on all employers and for all new hires.
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