Construction Legislative Week in Review
www.agc.org April 20, 2017
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On the Inside
ENVIRONMENT
EPA Seeks Comment on Review of Existing Regulations
BUY AMERICAN
President Trump Signs Executive Order on “Buy American, Hire American”
TAX/ACCOUNTING
Register for the AGC Financial Issues Summer Meeting
FEDERAL CONTRACTING
AGC’s Federal Contractors Conference is Fast Approaching
ENVIRONMENT
EPA Seeks Comment on Review of Existing Regulations
 

The U.S. Environmental Protection Agency (EPA) announced that it is seeking public input on its evaluation of existing rules pursuant to President Trump's government-wide Executive Order 13777 on Enforcing the Regulatory Agenda and Executive Order 13771 that directs agencies to “identify” at least two existing regulations for elimination whenever any new rule is proposed or issued (the 2-for-1 EO, Reducing Regulation and Controlling Regulatory Costs). 

April 13th's Federal Register published an EPA notice titled Evaluation of Existing Regulations directing the public to submit comments by May 15.  AGC will provide EPA with detailed recommendations on existing regulations that should be considered for repeal, replacement or modification to make them less burdensome.  Click here to access the online docket.

For more information, contact Leah Pilconis at pilconisl@agc.org or (703) 837-5332. Return to Top

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BUY AMERICAN
President Trump Signs Executive Order on “Buy American, Hire American”
 

President Trump signed a new executive order concerning the use of American made products and materials and American labor on federal and federally assisted procurements and projects. The “Buy American” portion of the order intends to narrow the universe of iron, steel, and manufactured goods that are able to comply with domestic materials and products sourcing laws already on the books. This web of confusing laws and regulations governs which products can be incorporated on federal and federally assisted construction projects.

The longstanding Buy American Act (BAA) has required U.S. products to be used on federal procurements since the Great Depression, but additional layers of statutes to modify the underlying law, as well as execute a growing international body of trade law, have changed the original Act over time. Under the Buy American Act, an “American-made” product means a product that is substantially transformed within the U.S. or comes from a country we have an existing trade agreement with.

For Federal Highway Administration and Federal Transit Administration projects a different, though similarly named law, called “Buy America” applies. This law also requires iron, steel and manufactured goods to be made in America, but its implementing regulations define “American made” more narrowly, requiring all processes involved in the iron or steel products (including melting and pouring) to take place in the U.S. The Executive Order takes this more narrow definition of “American-made” and applies it government-wide. The Order also intends to discourage the use of waivers to these laws and to study the effects of the various international trade agreements the U.S. is party to on American products in government procurements.

The Executive Order also included a provision that instructs government agencies to review the H-1B visa program and recommend reforms to the program. The H-1B program is a temporary, with a statutory limit, visa for foreigners to fill “specialty occupations” such as engineering. No changes are required at this time for employers currently utilizing the H-1B visa program.

For more information, contact Scott Berry atberrys@agc.org or (703) 837-5321. Return to Top

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TAX/ACCOUNTING
Register for the AGC Financial Issues Summer Meeting
June 27-29 | Minneapolis, Minn.
 

The AGC Financial Issues Committee (FIC) Summer Meeting will be held June 27-28, 2017, Loews Minneapolis. Visit the meeting site to register TODAY & book your stay! With tax reform moving front and center, and the IRS is seeking comments on FASBs Revenue Recognition standard – discussions with the featured speakers including senior tax-writer Congressman Erik Paulsen (R-MN) invited, AGC Chief Economist Ken Simonson, andFASB staff will be critical.

For more information, contact Jeff Shoaf at shoafj@agc.org or (202) 547-3350. Return to Top

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FEDERAL CONTRACTING
AGC’s Federal Contractors Conference is Fast Approaching
Last Chance to Register
 

We are just a few days away from the 2017 Federal Contractors Conference, held May 1-3 at the Mayflower Hotel in Washington, D.C. Register today for AGC’s Federal Contractors Conference. The premier conference for federal construction contractors to discuss the latest projects, policies and contracting issues facing the industry with federal agencies. To view the agenda, click here. This conference offers the latest project forecasts, expert insight on upcoming regulatory hurdles, and ample networking opportunities with agency decision makers that are critical to being competitive in the federal construction market. Join construction industry leaders and their federal agency counterparts at the Federal Contractors Conference.

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

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