MRAA partners with marine industry organizations to respond to ongoing boating tariffs. Learn how you can support advocacy efforts ahead of the 2025 American Boating Congress.
Category: Advocacy
Beneficial Ownership Reporting Requirements Removed
• Marine Retailers Exempt from Burdensome Regulations WASHINGTON, April 1, 2025 – The Marine Retailers Association of the America (MRAA) announced today that on March 21, 2025 the Financial Crimes Enforcement Network (FinCEN) issued an interim final rule which removes the requirement for U.S. companies and U.S. persons to report beneficial ownership information (BOI) to […]
MRAA Participates in Small Business Legislative Council Fly-in
• MRAA Government Relations Team Meets with White House and Congressional Leadership WASHINGTON, March 24, 2025 – The Marine Retailers Association of the Americas (MRAA) Government Relations Team recently participated in the Small Business Legislative Council (SBLC) fly-in in Washington to discuss small business issues impacting recreational boat dealers and potential regulatory hurdles in the […]
MRAA Supports ‘25 in 2025’ Campaign
Campaign issues challenge to states to create the 25th office of outdoor recreation WASHINGTON — Along with leading outdoor recreation organizations from across the United States led by the Outdoor Recreation Roundtable (ORR), the Marine Retailers Association of the Americas celebrates the launch of the ‘25 in 2025’ campaign, a challenge to states to create […]
Critical Menhaden Science Funding Falls Short Again in Virginia
• Recreational angling, boating and conservation community disappointed that state legislative efforts to fund menhaden science in the Chesapeake Bay failed in session (RICHMOND, Va.)— During the 2025 legislative session, Virginia lawmakers again failed to approve multiple efforts from both sides of the aisle to provide funding for the Virginia Institute of Marine Science to […]
Regulatory Notice – Corporate Transparency Act Update
In the long saga that is the reporting requirements put forth under the Corporate Transparency Act (CTA) we have yet another update. On Feb. 27, The Financial Crimes Enforcement Network (FinCEN) announced that it would not issue fines or penalties for any business that does not file Beneficial Ownership Information with the FinCEN until a […]
Supreme Court Ruling Adds to Corporate Transparency Act Confusion, but Filing Requirements Remain on Hold
On Jan. 23, 2025, the Supreme Court granted the government’s motion to lift a nationwide injunction issued in the case Texas Top Cop Shop, Inc. v. McHenry. What You Need to KnowWhile this ruling could have potentially reinstated Corporate Transparency Act filing requirements, a separate ruling in Smith v. U.S. Department of the Treasury continues […]
Advisory Council of Marine Associations Approves New Coalition Agreement
WASHINGTON (Jan. 27, 2025) — The Marine Retailers Association of the Americas (MRAA) announced today that the Advisory Council of Marine Associations (ACMA) approved a new Coalition Agreement, establishing a set of principles to which members of the coalition will adhere. ACMA comprises both state and national marine trades associations, and the newly approved agreement […]
NMFS Rescinds Proposed Right Whale Vessel Speed Rule, Maintaining Access for Recreational Boaters and Anglers
WASHINGTON (Jan. 15, 2024) – The Marine Retailers Association of the Americas announced today that the National Marine Fisheries Service officially withdrew the proposed North Atlantic Right Whale Vessel Strike Reduction Rule. Initially proposed in August of 2022, this rule would have put in place a 10-knot speed limit on almost the entire East Coast […]
Hanson-Milone Safe Boating Act Signed into Law After 13-Year Push
WASHINGTON, D.C., January 13, 2024 – The Marine Retailers Association of the Americas announced today that after more than a decade of advocacy and legislative effort, the Hanson-Milone Safe Boating Act (H.4941) was signed into law on Wednesday, Jan. 8, 2025, by Massachusetts Governor Maura Healey, marking a monumental step in improving boating safety across […]
