Construction Legislative Week in Review
www.agc.org February 9, 2017
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On the Inside
INFRASTRUCTURE
Senate Committee Talks Infrastructure Needs
TAX
Tax Policy Briefings Intensify Regarding Fundamental Reforms
FEDERAL CONTRACTING
Questions for Army Corps HQ? Submit them for FedCon
INFRASTRUCTURE
Senate Committee Talks Infrastructure Needs
Governors Sends List of Projects to White House
 

Although there is still no word out of the White House on their infrastructure investment plan, infrastructure continued to make news in the nation’s capital this week. The Senate Environment & Public Works (EPW) Committee held their first hearing, the National Governors Association (NGA) is sending a list of 428 infrastructure projects to the White House, and Ranking Democrat on the House Transportation Committee Peter Defazio is sending a letter to President Trump recommending three immediate actions that could be taken to provide funding for surface transportation, waterways, and airport construction projects. AGC will continue working with Congress and the administration to shape a plan that meets the investment needs for our nation’s infrastructure.

The Senate committee hearing on “Modernizing our Nation’s Infrastructure” focused on the infrastructure needs of the country, particularly rural communities.  Senators heard from witnesses representing public works agencies, including the heads of the Wyoming and Colorado Departments of Transportation.  Similar to last week’s hearing in the House, there was consensus among witnesses and Senators that any new infrastructure plan must not only rely on private investment but must also include direct federal spending to meet the nation’s infrastructure needs in both urban and rural communities.

For more information, contact Sean O’Neill at oneills@agc.org or (202) 547-8892. Return to Top

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TAX
Tax Policy Briefings Intensify Regarding Fundamental Reforms
 

It has been over 30 years since a wholesale revamp of the tax code has taken place. With full control of the federal government, Republicans are poised to move tax reform packages through Congress. Buzz is building about a fundamental change to the taxation of businesses through a “cash flow tax” – a tax that is levied on the cash entering the business less the cash leaving – which is included in the House Republican’s Tax Blueprint. This concept currently only applies to c-corporations, remaining silent on the treatment of pass-through (subchapter-S) firms that pay taxes through the individual rate.  However, lawmakers have yet to flesh out many details on the tax plans, and AGC will continue to monitor and analyze proposed changes that will affect our member companies.

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

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FEDERAL CONTRACTING
Questions for Army Corps HQ? Submit them for FedCon
AGC’s Federal Contractors Conference; May 1-3 in D.C.
 

The difference between AGC’s Federal Contractors Conference (FedCon) and other federal construction meetings is that at FedCon construction contractor attendees drive the agenda. For this year’s conference—held May 1-3 at the Mayflower Hotel in Washington, D.C.—AGC is currently seeking your questions for consideration in meetings with headquarters leaders of the U.S. Army Corps of Engineers (USACE) Military Construction Program, Civil Works Program, Contracting, Safety and Small Business offices. To see our draft agendas for these USACE sessions, click here. To register for FedCon,click here.

At FedCon, construction contractor attendees lead the meetings and develop questions for federal agencies. There are robust discussions between attendees and federal agency representatives; not death by PowerPoint presentations.

In addition, learning about the latest projects and policies set to hit the street, FedCon provides an opportunity to address problems the construction industry faces when working for USACE, including but not limited to: project delays, change orders, requests for equitable adjustments, claims, past performance evaluations and more.

Over the next several weeks, we will send out for your feedback draft agendas with other agencies participating in the conference, including: the Naval Facility Engineering Command, Air Force Civil Engineer Center, General Services Administration, Department of Veterans Affairs, Small Business Administration, Natural Resources Conservation Service, and Bureau of Reclamation.

To register, click here.

For more information, please contact Jordan Howard at Jordan.Howard@agc.org or 703-837-5368. Return to Top

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