1. Five-Year FAA Reauthorization Signed Into Law
On October 5, 2018, President Donald Trump signed into law the NECA-supported five-year reauthorization of the Federal Aviation Administration (FAA).
NECA’s Look Ahead: The passage of a long-term reauthorization of the FAA is a major bipartisan win and a win for the electrical construction industry as it includes major funding for airport improvement projects and modernizing airport infrastructure. The five-year reauthorization will give FAA programs the longest period of stability since 1982. A detailed summary can be found here.
2. Senate Passes America’s Water Infrastructure Act
On October 10, the Senate passed in a 99-1 vote, the NECA-supported America’s Water Infrastructure Act (S.3021).
NECA’s Look Ahead: This bipartisan bill includes sections of several water-related bills passed by both House and Senate committees, including the Secure Required Funding for Water Infrastructure Now (SRF WIN) Act, and the Drinking Water System Improvement Act. NECA thanks the bipartisan and bicameral effort to pass this important infrastructure legislation before the end of the session. President Trump is expected to sign the bill into law within the coming days.
3. NECA Joins Multi-Industry Letter Calling for Substantial Pension Reform
NECA, as a strong advocate for the reform of the multiemployer pension system, recently signed onto a letter drafted by the Chamber of Commerce and submitted to the Joint Select Committee on the Solvency of Multiemployer Pension+s. This letter shows both the Chamber’s and NECA’s support for a comprehensive and reasonable solution to the challenges we currently face. A key component to this reform is ensuring that our plans and the retirement promises we made to our workforce do not regress to a state of disrepair. We at NECA are confident that composite plan designs are the best method for insuring the long-term success of our pension plans.
NECA’s Look Ahead: NECA, along with numerous other groups like the ones also sponsoring this letter, will continue to advocate for comprehensive and moderate reform. Lopsided and unreasonably aggressive proposals are not a viable tactic to solving such a complex problem.