On February 14, Senator Roger Wicker (R-MS) introduced, S. 344, a bill to prohibit the EPA from approving the introduction of gasoline that contains greater than 10 per cent ethanol. The bill has three co-sponsors. The key to the Wicker bill is that it would nullify any EPA granted waiver to mitigate mis-fueling. On February […]
Tag: Legislative Updates
Bill to Repeal the Death Tax Postponed
As an update to our ongoing watch about the estate tax, Senator Thune (R-South Dakota) has postponed his bill until next week to repeal the Death Tax. We will continue to look for the introduction of this important bill. In the mean time, the Family Business Estate Tax Coalition (FBETC), which the Marine Retailers Association […]
Congress introduces important bills to stop the spread of Asian carp
Both the House and the Senate have introduced bills to address the growing problem of Asian carp in the Upper Mississippi River and Ohio River basins and tributaries. These invasive species threaten ecosystems and billions of dollars of economic activities connected to outdoor recreation in states throughout the Midwest. You can view the bills at […]
What dealers can expect from Washington, D.C., in 2013
WASHINGTON, D.C. — On Thursday, January 3, the 113th Congress was gaveled into session with great hope for reduced polarization and paralysis, but with no real evidence that they’ll lift anytime soon. Some say the worst is yet to come, but others point to the bi-partisan support of H.R. 8, the American Taxpayer Relief Act […]
MRAA looks back on legislative successes
WASHINGTON, D.C. — On Wednesday, January 2, 2013, the 112th Congress of the United States finally ended. Many may think the slow rate of legislating is a good thing, but for the record, the 112th Congress was the most unproductive Congress since 1948, when President Truman called Congress the “Do Nothing.” Congress passed only 220 […]
Dealers’ Guide to the Fiscal Cliff Legislation
WASHINGTON, D.C. — The events and negotiations leading to passage of key legislation averting the so-called Fiscal Cliff were the big story on Capitol Hill this year. The House of Representatives passed the American Taxpayer Relief Act, H.R. 8, 257 to 167. The U.S. Senate passed it 89 to 7 earlier the same day. Many […]
Fiscal Cliff Deal: Copy of HR 8 for your review
The link below will take you to a copy of the newly passed H.R. 8 that extends certain Bush-era tax benefits and establishes a new high end tax rate of 39.6 percent for earners with annual gross income exceeding $1 million. Other issues addressed are the re-authorization of the estate tax with a $5 million […]
Lobbying yields big pay-off in N.H.
WASHINGTON, D.C. – When John Irwin of Irwin Marine, Laconia, N.H., joined his fellow MRAA members at the 2012 American Boating Congress in April, he developed a plan to make the most of his time with legislators on Capitol Hill. Irwin reviewed the issue briefs provided by the Marine Retailers Association of the Americas, called […]
Ethanol debate to heat up in 2013
The boating industry, including boat manufacturers, dealers, marina operators, and boat yards, has been voicing strong concerns in Washington for the past couple of years that ethanol blends in gasoline used in recreational boating have caused considerable damage to engines and fuel systems. The damage is significant in that it can severely impact boating safety […]
Strong support for current estate tax policy
Meetings in the Senate on repeal of the estate tax contained in the Bush-era tax cut legislation confirm there is strong support for continuing current estate tax policy of a $5 million exemption and a 35-percent tax rate. Senators Baucus (D-Montana), Landrieu (D-Louisiana), Tester (D-Montana), Pryor (D-Arkansas), and McCaskill (D-Missouri have said they would continue […]