What follows is a summary of a recent article published by the Senate Republican Policy Committee on its concerns over the newly established Consumer Financial Protection Bureau. As a reminder, MRAA worked with a maritime lawyer in New York City and the National Automobile Dealers Association to secure an exemption for boat dealers in the […]
Day: August 7, 2012
Important boating and fishing law passed
The U.S. President signed the $105-billion Highway Transportation Bill on July 6, bringing an end to a three-year fight over fishing and boating spending. This is an important development for the boating industry because the Highway Transportation Bill contains the Sport Fish Restoration and Boating Trust Fund re-authorization. MRAA has been working with other fishing […]
MRAA applauds House passage of Red Tape Reduction Act
In the House of Representatives, 245 members recently voted in support of small businesses everywhere by passing H.R. 4078, the Red Tape Reduction and Small Business Job Creation Act. The bill is a comprehensive regulatory reform bill that streamlines the time consuming rulemaking and permitting process, brings transparency to rules issued by federal agencies, and […]
House and Senate pass versions of Bush tax cuts
The U.S. House of Representatives passed H.R. 8, the Job Protection and Recession Prevention Act, on August 1 by a vote of 256 Yea to 171 No along party lines to extend the expiring tax cuts for households and businesses at all income levels through 2013. These tax cuts are known as the “Bush Tax […]