The National Lumber and Building Material Dealers Association (NLBMDA) recently issued a statement regarding the U.S. Senate’s passage of a $2 trillion relief package, which contains several programs to assist businesses, including the NLBMDA-backed Qualified Improvement Act (QIP) fix. “NLBMDA applauds the Senate for taking this important step to stabilize the U.S. economy and provide […]
In his call to the nation for help slowing the spread of COVID-19, President Trump implored those working in critical infrastructure industries, such as healthcare and food supply, to maintain normal work hours. Urging a “special responsibility” to Americans and leaning on the Homeland Security Act of 2002, the Cybersecurity and Infrastructure Security Agency (CISA) […]
On December 20, 2019, President Donald Trump signed several bipartisan bills extending government funding through fiscal year (FY) 2020. The move has drawn praise from officials for several industry associations reporting that the legislation extends tax credits for energy-efficient windows. “The government funding bills I just signed into law contain big victories for my Administration […]
The U.S. Department of Labor (DOL) announced on September 24, a final rule to the controversial overtime threshold increase that the DOL says will make 1.3 million workers newly eligible for overtime pay. The rule, which raises the overtime salary limit from $23,360 to $35,568 annually, has been a topic of controversy between lawmakers and […]
The National Lumber and Building Material Dealers Association (NLBMDA) views President Trump’s Executive Order to create the “White House Council on Eliminating Regulatory Barriers to Affordable Housing” as a positive for the industry. The Council, which will be headed by the Department of Housing and Urban Development (HUD) Secretary Ben Carson, has been tasked with […]
Officials from the National Lumber and Building Material Dealers Association (NLBMDA) released a statement yesterday, applauding actions taken by a group of bipartisan legislators in both the House and Senate to reintroduce the Affordable Housing Credit Improvement Act. NLBMDA staff said the legislation would address the nation’s shortage of affordable housing by protecting, expanding and […]
