Among the wide range of provisions tucked into the One Big Beautiful Bill Act (OBBA), some will have a positive impact on the recreational marine industry — from tax policy to workforce development. Here are four important provisions the MRAA supported. 1. Qualified Business Income Deduction The 199A Qualified Business Income deduction — set to […]
Tag: chad tokowicz
No Boat Tax Increase in New Jersey
• Strong Advocacy Efforts Lead to Boater Victory in Garden State In late June, Governor Murphy officially signed the 2026 New Jersey State Budget, keeping the boat tax unchanged. The Marine Trades Association of New Jersey exemplifies how vital state marine trades associations are in advocating for our industry. Their efforts highlight the importance of […]
How Tariffs Are Rocking the Boat
• A Q&A with Rick’s Small Sailboats, Florida-Based Dealer and MRAA Bronze Member By Chad Tokowicz, MRAA Government Relations Manager Rick Upson started his dealership, Rick’s Small Sailboats, with a simple goal: to share his love of sailing and help more people experience the joy of being on the water. Working solo from his home […]
Coast Guard Reports Fewest Boating Fatalities in More Than 50 Years
• 2024 United States Coast Guard Recreational Boating Statistics Report Overview By Chad Tokowicz, MRAA Government Relations Manager On Tuesday, June 24, 2025, the United States Coast Guard released its annual Recreational Boating Statistics report for 2024, marking the 66th edition of this comprehensive analysis. This report is a vital resource for understanding the current […]
MRAA Helps Unlock Relief for Marine Businesses in Minnesota Lead Key Ban Reversal
MINNEAPOLIS, June 12, 2025 — The Marine Retailers Association of the Americas (MRAA) applauds the Minnesota legislature’s passage of H.F. 4, which included a provision that has relaxed the state’s previously enacted lead key ban. Unlock Minnesota Coalition The MRAA, as part of the Unlock Minnesota Coalition, comprised of Minnesota-based businesses, worked together to shepherd […]
Tariff Policy & Cross-Border Marine Trade
• A Q&A with Kellen Friedlander, President, Great Lakes Marine By Chad Tokowicz, MRAA Government Relations Manager Rapidly shifting global trade policy is resulting in rising costs and supply chain disruptions. It’s ultimately creating uncertainty for boat dealers, especially those serving both recreational customers and public safety agencies. To explore these challenges, we spoke with […]
MRAA Advocates for Marine Retailers in Minnesota Boat Wrap Stewardship Program
The Marine Retailers Association of the Americas (MRAA) has provided feedback on the proposed Minnesota Boat Wrap Stewardship Plan, aiming to ensure that the program minimizes the financial and operational impact on marine retailers across the state. In a comment letter submitted to the Minnesota Pollution Control Agency (MPCA) and the Commercial and Industrial Flexible […]
Led by Northwest Marine Trades Association, Coalition Sinks Washington State Luxury Tax on Recreational Vessels
WASHINGTON, May 8, 2025 – The Marine Retailers Association of the Americas (MRAA), alongside its industry partners, is celebrating a monumental advocacy victory as the Washington State Legislature has officially tabled a proposed “luxury” tax on vessels (SB5801), protecting marine industry jobs and saving an estimated $70 million over the next six years — a […]
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 […]