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OMB Issues Proposed Rule To Implement Buy America Requirements

by | Feb 15, 2023 | Industry | 0 comments

On Feb. 9, the Office of Management and Budget released a proposed rule to revise OMB’s Guidance for Grants and Agreements. This guidance defines the rules for federal agencies as they distribute funding through grant programs. The revisions would aid implementation of the Build America, Buy America Act provisions of the Infrastructure Investment and Jobs Act.

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ABC: State Construction Unemployment Rates Range From 0.4% to 7.5%

WASHINGTON, Aug. 2—The not seasonally adjusted national construction unemployment rate was 0.1% lower in June 2023 from a year ago, down from 3.7% to 3.6%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated...

Smucker Introduces the ABC-Supported Main Street Tax Certainty Act

On July 18, Rep. Lloyd Smucker, R-Pa., introduced the Main Street Tax Certainty Act, H.R. 4721, legislation which would make permanent the current 20% deduction for small and family-owned businesses, provided through Section 199A of the Tax Cuts and Jobs Act of 2017....