National Electrical Contractors Association

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Top Three 10/6/17

Oct 05, 2017

1. This week, the House of Representatives and Senate took the first steps towards enacting comprehensive tax reform by pushing forward with their respective budget resolutions. The House, on October 5, considered the FY18 Budget Resolution, H. Con. Res. 71 which includes reconciliation instructions. Congressional leaders decided they must pass a budget resolution to allow for the possibility of tax reform to happen.
NECA's Look Ahead

2. A victory for NECA contractors, the U.S. Treasury Department has formally recommended withdrawing the Section 2704 regulations on family business valuation. The Treasury's final report was issued in accordance with President Donald Trump’s Executive Order 13789. These regulations would have increased the death tax burden on family businesses.
NECA's Look Ahead

3. Earlier this week, a collection of Senators and Congressmen from Vermont and West Virginia presented this Congress’ first attempt at tackling this country’s pension challenges. This particular group presented the American Miners Pension Act, a proposal to address the unfunded liabilities through a series of structured loans paid back to the government at a low interest rate.
NECA's Look Ahead
  • View a complete listing of NECA's resources and industry information by topic.
  • NECA’s education programs provide innovation, business trends and effective leadership exclusive to electrical contractors.
  • NECA is working every day to ensure you have every opportunity available to stay on top of the issues affecting your business and to be directly in touch with your Senators and your Representative in Congress.
  • NECA communities are member-initiated groups where contractors and industry professionals sharing common interests and business concerns can come together.
  • NECA membership isn’t just about saving your firm time and money; it’s also about helping your company make more money and achieve success!
  • NECA contractors employ the most highly trained and reliable workforce in the industry. They will get your job done right the first time, on time, without disrupting your business.