Construction Legislative Week in Review
www.agc.org September 22, 2016
Spacer
AGC Home Page
Email our Editor
Search Back Issues
Forward to a Friend
Subscribe
Printer Friendly
AGC Political Toolkit
RSS
Take Action!
On the Inside
TAX / ACCOUNTING
IRS Proposed Rules Target Family Businesses for Higher Estate and Gift Taxes
Book Your Hotel Today for the AGC/CFMA Construction Financial Management Conference
Early Bird Registration for AGC Financial Issues Winter Meeting
2016 ELECTIONS
Join AGC in Kicking Off Employee Voter Registration Week – Sept. 26-30
LABOR
House Committee Holds Hearing on AGC-Supported Composite Plan Design
FEDERAL CONTRACTING
AGC Provides More Information on SBA’s new Mentor-Protégé Program
TRANSPORTATION
Autonomous Vehicles, Cybersecurity, Construction Technology Developments, & More
TAX / ACCOUNTING
IRS Proposed Rules Target Family Businesses for Higher Estate and Gift Taxes
Sign On To Letter Opposing This New Regulation by Wednesday, Sept. 28
 

Last month, the IRS issued proposed rules targeting family businesses for higher estate and gift taxes. In crafting these new regulations, the agency fails to take into account the importance of control and marketability when family-owned businesses are being passed from one generation to the next. These broad regulations will force more companies to contend with complicated and costly estate taxes. 

Are you a family business?  Do you intend to pass your business on to the next generation? Then CLICK HERE to sign the letter opposing the new Treasury regulations. AGC is collecting support for a letter to Treasury Secretary Jack Lew urging withdrawal of the proposed minority valuation discount rules. The deadline for signatures is Wednesday, September 28 by 5:00 pm EDT. Add your company’s name today!

For more information, contact Brian Lenihan at lenihanb@agc.org or (202) 547-4733. Return to Top

Share: LinkedIn Twitter Facebook
Book Your Hotel Today for the AGC/CFMA Construction Financial Management Conference
Hotel Deadline: September 27, 2016
 

Jointly sponsored by AGC and CFMA, the 20th Annual AGC/CFMA Construction Financial Management Conference will be held Oct. 19-21 at Caesars Palace in Las Vegas, Nevada. This three-day conference offers programs and workshops designed specifically for financial professionals in the construction industry. The 32 interactive sessions will cover the latest industry issues and their financial implications. Participants may earn up to 20 continuing professional education (CPE) credits. Register at meetings.agc.org/agc_cfma.

For more information, contact Brian Lenihan at lenihanb@agc.org or (202) 547-4733. Return to Top

Share: LinkedIn Twitter Facebook
Early Bird Registration for AGC Financial Issues Winter Meeting
Don’t Miss Out! Early Bird Ends Next Friday
 

The AGC Financial Issues Committee (FIC) will hold its Winter Meeting January 10-11, 2017 at Trump National Doral Miami. The Committee is geared toward member company CFOs, Controllers, Tax Directors and other senior accounting professionals – in which attendees have an opportunity to learn as well as formulate positions on tax and accounting matters that directly affect AGC member companies. Meetings center around discussions with FASB, practitioners, and financial officer breakout groups on topics including internal controls, project performance reviews and cybersecurity solutions. Attendees also have an opportunity to network and discuss a wide variety of topics, including: audit issues faced by construction companies; congressional action on tax policy; and an economic outlook for the industry.

For more information, contact Brian Lenihan at lenihanb@agc.org or (202) 547-4733. Return to Top

Share: LinkedIn Twitter Facebook
2016 ELECTIONS
Join AGC in Kicking Off Employee Voter Registration Week – Sept. 26-30
 

AGC of America, along with other industry groups across the country, will kick off Employee Voter Registration Week on September 26, encouraging employees in the construction industry to register to vote and cast a ballot on Election Day. Registering and voting doesn’t have to be difficult or take up much time.  AGC makes it easy for you and your colleagues, friends, and family by hosting a voter registration and election information center at ConstructionVotes.com.

The construction industry and the millions of workers it employs have much at stake in this election.  At a time when the industry is rebounding from the longest and deepest slump of any sector, it is especially important to elect leaders willing to work for common-sense solutions to the challenges facing the construction industry and its workforce. Download this employer toolkit containing sample messages to use in promoting Employee Voter Registration Week to your colleagues.

Don't be silent. Be a part of our democracy. Help make the construction industry’s voice heard loudly and clearly this fall.

For more information, contact David Ashinoff at ashinoffd@agc.org or (202) 547-5013. Return to Top

Share: LinkedIn Twitter Facebook
LABOR
House Committee Holds Hearing on AGC-Supported Composite Plan Design
 

The U.S. House of Representatives Committee on Education and the Workforce held a hearing today on the composite plan design for multiemployer pension plans following their release of a “discussion draft” on composite plans earlier this month. The committee heard testimony from a construction employer and a union representative on their support for the composite plan design. AGC remains committed to supporting composite plans and working with stakeholders to urge Congress to authorize composite plans before the end of the year.  AGC chapter leaders will be in Washington, D.C. next week to advocate for the composite plan design on Capitol Hill.

For more information, contact Jim Young at youngj@agc.org or (202) 547-0133. Return to Top

Share: LinkedIn Twitter Facebook
FEDERAL CONTRACTING
AGC Provides More Information on SBA’s new Mentor-Protégé Program
Thursday, Oct. 6 | 2:00-3:30 p.m. EDT
 

The federal construction contracting marketplace faces the potential for a dramatic change, whether your company is a small business or not, as a result of new U.S. Small Business Administration (SBA) rule on an expanded mentor-protégé program for small businesses. Register now for a complimentary webinar for AGC members to learn about what all federal contractors—big and small—need to know about the new SBA mentor-protégé program & other small business changes. These new regulations expand the SBA’s Mentor-Protégé Program to all small businesses. This will translate into more opportunities for large and small construction contractors to form joint ventures and bid on small business set-aside work. Topics explained:

  • The Potential Impacts of this New Program on Federal Contracting and Your Construction Business;
  • Basics of the New SBA Mentor Protégé Program;
  • What Contractors Should Know Before Participating in the New SBA Mentor Protégé Program;
  • How will SBA Handle Applications for the New Mentor Protégé Program; and
  • The Changes to Small Business Subcontracting Plans and its Impact on Large and Small Businesses.

The SBA will begin accepting applications for the All Small Mentor Protégé Program on October 1, 2016. To read AGC’s analysis of the rule click here.

For more information, contact jordan.howard@agc.org or (703) 837-5368.

  Return to Top

Share: LinkedIn Twitter Facebook
TRANSPORTATION
Autonomous Vehicles, Cybersecurity, Construction Technology Developments, & More
AGC Highway and Transportation Construction Conference | November 3-5 | Phoenix, AZ
 

The AGC Highway and Transportation Construction Conference will feature all the cutting edge subjects that will impact the highway and transportation market over the next several years. How will autonomous vehicles impact road construction? What’s the latest in machine guidance systems and other technology developments? Is your company safe from ransomware, hacking and other cyber threats?

Join your fellow highway, transit and bridge contractors and get up to date at the 2016 Highway and Transportation Construction Conference (formerly the Highway Contractors Conference) November 3-5, 2016 in Phoenix, Arizona at the JW Marriott Desert Ridge Resort.

For more information, visit meetings.agc.org/highway or contact Brian Deery at deeryb@agc.org or (703) 837-5319. Return to Top

Share: LinkedIn Twitter Facebook

AGC Townhouse, 53 D Street SE • Washington, DC 20003 • 202.547.1625 (phone) • 202.547.1635 (fax)• www.agc.org
AGC Home | About AGC | Advocacy | Industry Topics | Construction Markets | Programs & Events | Career Development | News & Media

To ensure delivery of AGC’s Construction Legislative Week in Review, please add 'communications@agc.org' to your email address book or Safe Sender List. If you are still having problems receiving our communications, visit our white-listing page for more details.

© Copyright The Associated General Contractors (AGC) of America. All Rights Reserved.