A Message From Jade West, Senior Vice President-Government Relations, National Association of Wholesaler-Distributors
Since my last update to you on this topic there have been a number of procedural developments of significance to our legal challenge to the Obama Administration’s new overtime regulation scheduled to take effect on December 1st:
A Message From the National Association of Wholesaler-Distributors
As you may know, the House Republicans have been working for several months on a series of six issue “blueprints” to set forth a policy agenda. Their final blueprint, their tax proposal, is being publicly released at a press conference at 10:00 AM this morning. While the official document was embargoed until 11:00 AM this morning, we saw a draft of it last evening, and it is very good news for us on LIFO.
Wholesaler-distributors who supply products and materials to contractors for work on projects funded, at least in part, with government funds are no doubt aware of the involvement of Disadvantaged Business Enterprises (DBEs) on many of these projects. Recent incidents of “DBE fraud” have resulted in Justice Department charges against distributors and/or contractors.
From Brown Smith Wallace
The Protecting Americans from Tax Hikes Act of 2015 (PATH Act) made permanent many popular but previously temporary tax breaks for individuals and businesses. The PATH Act also enhanced many incentives. Click here for more information
From Brown Smith Wallace
The Securities and Exchange Commission (SEC) is asking for public comments on several key changes to its rules by the first quarter of 2016. Although its proposal on intrastate crowdfunding has garnered significant attention, the comment deadlines for five other regulatory proposals also are in early 2016. Here’s a heads-up on what regulatory changes are currently in the works. Click here to read more
