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The North American Equipment Dealers Association (NAEDA) and its affiliated associations are committed to helping dealers succeed.
The House of Representatives voted Tuesday to block EPA's proposed rule defining waters of the United States, siding with farmers and business groups who have argued for months that the EPA rule amounts to regulatory overreach.
Farmers adopted a pessimistic view of the agriculture economy for the first time since the DTN/The Progressive Farmer Agriculture Confidence Index started tracking farmer sentiments in April 2010.
Congress began its annual August recess at the end of July, with the House and Senate leaving town without coming to an agreement on annual appropriations measures or a continuing resolution to fund the federal government past the September 30 end of the fiscal year. When Congress returns to Washington September 8, legislators will have only a handful of legislative days to enact government funding measure and other “must-pass” legislation before breaking again at the beginning of October for the lead up to midterm elections.
Dealers are encourage to read the NAEDA issues published in the July/August issue of the Equipment Dealer Magazine and talk with your congressional representative and senators on these important issues while they are on their August recess. Your discussions could be the turning point we need to get the issues addressed this fall.
The Equipment & Engine Training Council is pleased to announce the addition of Briggs & Stratton’s Training Kits and Curriculum to the online EETC Education Resources Web Site.
Tom Billigen, Briggs & Stratton Customer Education Training Manager, commented that, “the need for hands on, experience-based training is becoming increasingly important to schools and the communities they serve. Working with the EETC and its membership to provide that support makes sense.”
WASHINGTON, June 12, 2014 -- The House passed legislation Thursday that would make permanent a tax provision that allows farmers and other small businesses to immediately write off up to $500,000 in equipment purchases such as combines and large tractors rather than follow a depreciation schedule.
The American Farm Bureau Federation has launched a series of videos to help farmers and other stakeholders better understand provisions of the 2014 farm bill. The videos include a farm bill overview describing the basic provisions of the commodity title, including a description of the decisions related to the program participation that will need to be made by farmers and landowners.
FDA's proposed rule on spent brewer and distiller grains used in animal feed as part of the Food Safety Modernization Act (FSMA) has been postponed. The rule, as proposed, threatened to end the practice of feeding such grains to livestock.
Under the rule, breweries would have been forced to dry, package, and inspect all food including spent grain used for cattle. But last week, FDA Deputy Commissioner for Foods and Veterinary Medicine Michael Taylor told breweries, feed manufacturers and livestock producers: “That, of course, would not make common sense.”
Eighteen state and national trade associations joined in a Feb. 25 letter to leaders of the Senate Finance Committee objecting to the committee’s proposal to create a new asset pooling system to depreciate business property and repeal like-kind exchange.
The letter to Sen. Ron Wyden (D-Ore.), who recently took over the committee’s chairmanship, and Ranking Member Orrin Hatch (R-Utah) expressed support for tax reform that improves the Internal Revenue Code (IRC) for both corporations and pass-through entities and creates a tax environment conducive to economic growth and investment. However, the letter said the pool scheme, proposed in November 2013 (before Wyden took over the Finance Committee) would create unrealistically lengthy asset recovery periods for business assets that will negatively impact business cash flow and reduce economic growth and job creation.
A new study shows proposed changes to the tax code restricting the use of cash accounting by agricultural operations would reduce agriculture's access to capital by as much as $12.1 billion over the next four years.
For the past several months, eight task groups have been working behind the scenes to address the priorities or focus areas for transitioning NAEDA to a new governance model. Later this month, the task groups will present their findings and recommendations to the NAEDA Board of Directors for consideration. The meeting promises to be an exciting opportunity to plot the course for significant change within the association - change that will enhance service to the members and better position NAEDA for continued success.
Free Webinar to Watch on How to Achieve Greater Success in Hiring National Guard Members and Other Veterans