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ABC of California expressed their concern and opposition for two bills signed into law Oct. 13 by Gov. Jerry Brown (D) that will expand prevailing wage requirements and drive up the costs of local public and private projects.
ABC National and ABC of Michigan Sept. 6, celebrated a victory when the U.S. Court of Appeals for the 6th Circuit upheld a law that banned government-mandated project labor agreements (PLAs) on taxpayer-funded construction projects.
California Gov. Jerry Brown (D) Aug. 27 signed into law S.B. 776, which is designed to curtail the ability of contractors to count contributions to merit shop labor-management cooperation committees (LMCCs) against their fringe benefit obligations only if those committees monitor and enforce the prevailing wage. Other activities will still be allowed. The legislation preserves that ability for contractors contributing to similar committees run by unions.
As part of ABC’s partnership with the National Council for Public-Private Partnerships (NCPPP) to educate lawmakers and the construction industry about the benefits of public-private partnerships (P3s), ABC South Texas Chapter is sponsoring a conference Sept. 11, in Austin, Texas.
Two key pass-through structures favored by small businesses pay a significantly higher effective tax rate than large corporations, according to an Aug. 7 study released by National Federation of Independent Business and the S Corporation Association, of which ABC is a coalition member. Analysis by Quantria Strategies shows that S corps will pay the highest effective tax rate in 2013 at 31.6 percent, compared to 29.4 percent for partnerships, 17.8 percent for C-corporations and 15.1 percent for sole proprietorships. Effective tax rates are the percentage of income businesses pay in taxes.
The U.S. House of Representatives passed two bills in bipartisan votes that will help reform the regulatory process. The Regulations from the Executive in Need of Scrutiny (REINS) Act (H.R. 367) passed 232-183 on Aug. 2 and the Energy Consumers Relief Act (H.R. 1582) passed 232-181 on Aug. 1.
The White House corporate tax reform proposal unveiled by President Barack Obama in Chattanooga, Tenn., is no ‘grand bargain,’ said ABC. Obama’s plan consists of the same corporate tax cuts proposed last year paired with new stimulus spending for infrastructure and manufacturing paid for with one-time tax revenue.
The U.S. Senate voted July 30 in favor of five presidential nominees to the National Labor Relations Board (NLRB). They included new members Nancy Schiffer (D) and Kent Hirozawa (D), as well as NLRB Chairman Mark Pearce (D), who was reconfirmed. Two Republicans, Harry Johnson III (R), Philip Miscimarra (R), were also confirmed by voice vote.
The U.S. House of Representatives July 25 passed in a bipartisan vote of 265-155 to pass the Coal Residuals Reuse and Management Act (H.R. 2218), which would establish a baseline for coal combustion residuals (CCR) disposal while maximizing flexibility for individual states.
The U.S. Court of Appeals for the Fourth Circuit agreed with two other courts July 17 by ruling the president violated the Constitution when he bypassed the U.S. Senate to make recess appointments to the National Labor Relations Board (NLRB).