Capitol Insider - October  

 

Election 2020: Make Sure You & Your Employees Vote!

Trump Signs One-Year Extension to FAST Act Reauthorization

PPP Loan Forgiveness Could Result in Bigger Tax Bills

NUCA's Virtual Washington Summit A Success!

Digging Deep: Read Our Analysis of U.S. Senate Races

$1 Billion in BUILD Grants for Infrastructure

New Coronavirus Stimulus Bill Unlikely Before Nov. 3

Government Shutdown Avoided For Now

NUCA Capital Insider: Your Industry News Link To Capitol Hill

 

Election 2020: Make Sure You and Your Employees Vote!

As NUCA begins planning our 2021 legislative strategy, please make sure that you are registered to vote and have a plan to cast your ballot, be it by mail or in-person, either

early or on Election Day, Nov. 3. Remember to give your employees time to vote that day, if necessary.

 

Our Election 2020 website at nuca.com/election2020 can also help you with election resources, and which Congressional candidates NUCA are supporting for their assistance to our industry over the last session.

 

If you or your employees are not sure how to register to vote, or unsure of your registration status, you can find more information at USA.gov/voter-registration or at your state Board of Elections website. 

 

Trump Signs One-Year Extension To FAST Act Reauthorization

One of NUCA's priorities at Washington Summit was to advocate for a one-year extension to the existing surface transportation law, the FAST Act. Our Summit attendees made it a priority to explain to their lawmakers about the importance of a one-year extension instead of one only lasting a few weeks.

 

Our industry's projects need the stability of long-term planning--and Congress listened. President Trump signed the extension legislation through the end of September 2021 into law hours before the law was set to lapse on Sept. 30.

 

The extension did not include any emergency federal funding of state DOTs, who have already delayed or cancelled $8 billion in projects due to revenue declines this year. NUCA will continue to advocate for this emergency funding in Congress's lame-duck session to be held later this year. More here.

$1 Billion in BUILD Grants for Infrastructure

The U.S. Dept. of Transportation announced the Trump Administration will invest $1 billion more in transportation infrastructure project through its BUILD grants program. The funding has been awarded to 70 projects in 44 states. More here.

PPP Loan Forgiveness Could Result in Bigger Tax Bills

Unless Congress intervenes and passes legislation in this Congress or next year, the IRS will not allow businesses to write off wages and rent paid for with Paycheck Protection Program funds, something many contractors may be unaware of. More here.

NUCA Virtual Washington Summit a Success!

NUCA's first-ever virtual Washington Summit delivered results. The 142 attendees registered for the Sept. 23 event participated in over 75 meetings online with their elected officials and staff. Our attendees were able to make their priorities known to their lawmakers, and promised to stay in contact with them to follow through with their commitments in FY2021 infrastructure resources.

 

If you would like to read more about the Summit, go to our special Summit webpage at www.WeDigAmerica.org

New Coronavirus Stimulus Bill Unlikely Before Nov. 3

The odds of pre-election coronavirus relief legislation have fallen further, as talks between U.S. Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi still have not reached an agreement. 

 

Negotiators have struggled to bridge the gap between competing visions for the legislation, with the primary difference remaining the size and scope of the relief. Democrats have called the Trump administration’s latest $1.8 trillion stimulus framework insufficient and are proposing their own $2.2 trillion plan, which was passed by the House earlier this month. 

 

Senate GOP leaders plan to hold a vote on a scaled-back version, but it is unlikely to clear the chamber's 60-vote cloture vote threshold. Senate GOP leaders held a preliminary vote on a scaled-back version, but were unable to clear the chamber's 60-vote cloture vote threshold. More here.

Government Shutdown Avoided...For Now

An informal agreement between Treasury Secretary Steven Mnuchin and House Speaker Nancy Pelosi made in late August held across September and allowed the Administration to avoid a government shutdown at the end of the FY2020 fiscal year.

 

President Trump signed a continuing resolution (CR) to fund the government past the Sept. 30 deadline that evening. However, the CR only lasts until Dec. 11. Congress will return after the election to debate legislation funding the federal government past that date.

NUCA Capital Insider: Your Industry News Link To Capitol Hill

Welcome to the third edition of the new NUCA Capital Insider newsletter! The complex work of NUCA’s governmental affairs program affects the business of every NUCA member.

 

Our influence on Capitol Hill and in the federal regulatory agencies is only possible through the strength of the association, and through our partnership with relevant business coalitions who share similar interests and concerns. We also derive our strength through our individual member's involvement in the advocacy process with their own lawmakers.

 

 

 

We hope you find its information demonstrating your NUCA membership investment directly working for you each day in Washington, D.C., looking out for your business’s interests. NUCA deeply appreciates your support.

 

NUCA’s Government Affairs office can be contacted at:
Office: 703-750-1326 Eben Wyman, Principal: eben@wymanassociates.net

Zack Perconti, Associate: zack@wymanassociates.net

NUCA of Arizona

970.376.1190

© 2015 NUCA of Arizona