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 […]

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 […]

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 […]

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 […]

I am following up briefly on yesterday’s message on the Bush Tax cuts and continuation of the current estate tax. The House of Representatives voted yesterday 256 to 171 (along party lines) to extend the expiring tax cuts for households and businesses at all income levels through 2013. The vote came following the House rejection […]

The following link will take you to a report on the Consumer Financial Protection Bureau from the Republican Policy Committee. I believe you may find this interesting. As it now stands, boat dealers are exempt form the Dodd-Frank Act, but I am always amazed how the federal agencies get involved in regulation over Congressional intent. […]

I want to provide you with a brief update on repeal of the Estate Tax. It appears House action on legislation to extend the Bush tax cuts has been moved up and will now take place this afternoon. Legislation that sets the parameters for fundamental tax reform will be voted on tomorrow. The rule approved […]

MINNEAPOLIS — The Marine Retailers Association of the Americas thanks the 245 Members of the House of Representatives who stood for small businesses everywhere by passing H.R. 4078, a comprehensive regulatory reform bill that streamlines the time consuming rulemaking and permitting process, brings transparency to rules issued by federal agencies, and prohibits agencies from issuing […]

Congress is busy looking at repeal of the Estate (Death) Tax. Congressman Kevin Brady (R-Texas) is taking the lead in the House of Representatives and issued a press release on July 26 to release a study by the Joint Economic Committee Republican staff called “Estate Tax Fails on All Fronts.” The Estate Tax threshold of […]

New Study: “Cost & Consequences of the Federal Estate Tax” WASHINGTON, D.C. — Congressman Kevin Brady, the author of the House bill to End the Death Tax Permanently, is releasing a major study Wednesday morning from the Joint Economic Committee Republicans that proves the Death tax is harmful and ineffective taxation that hinders entrepreneurship, hurts […]