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Celebrate Collector Car Appreciation Day on July 9!

This Friday, industry professionals and enthusiasts across the country will gather tocelebrate collector cars. The U.S. Senate declared July 9, 2010, as “Collector Car Appreciation Day” when it passed Senate Resolution 513(S. Res. 513) at the request of SEMA and the Automotive RestorationMarket Organization (ARMO) council.

New Government Website Identifies Health Insurance Plans in Your Area

Small-business owners and consumers shopping for health insurance have a new tool to learn more about the health care options in their area. The site,, provides information on coverage options, health care providers and important dates for the implementation of the new health care law.

SBA Study Analyzes How Small Businesses Use Credit

The Small Business Administration (SBA) released a study that examines the types of credit used by small businesses, namely bank credits (loans or lines of credit) and trade credits (from suppliers). The study compares companies that use credit (leveraged) with those that do not (unleveraged).

California May Require Auto Service Repair Providers to Check Tire Pressure

The California Air Resources Board has issued a proposed rule that would require all automobile service providers to check tire pressures for every vehicle being maintained or repaired at their facility as of September 1, 2010. The regulation would apply to auto maintenance/repair providers but not to auto parts distributers/retailers, auto body/paint facilities, auto glass installers or wreckers/dismantlers. The deadline for commenting on the rule is July 6, 2010.  

SAN Kicks Off “Collector Car Appreciation Day” Celebrations in Star City With Star Power

The SEMA Action Network (SAN), the industry’s outreach to the hobbyist community and your customers, was on hand at Star City Motor Madness in Roanoke, Virginia, this past weekend to kick off celebrations for the first-ever Collector Car Appreciation Day.

Senate Includes Bonus Depreciation Extension in Small-Business Lending Legislation

The United States Senate included a provision to allow businesses to write-off 50% of the cost of newly purchased depreciable property as part of a larger bill (HR 5297) to provide banks with access to funds intended for small business loans. The SEMA-supported legislation has already been passed by the House and is now being debated by the U.S. Senate.

Idaho Wilderness Bill Threatens to Close Off-Road Trails

A bill introduced in the U.S. Senate to create a large, new wilderness reserve in central Idaho has been endorsed by the Obama administration. The legislation threatens to designate nearly 330,000 acres of land in central Idaho as wilderness, the most restrictive designation that can be placed on public lands. SEMA opposes the legislation as drafted since many off-highway vehicle (OHV) trails in the Sawtooth and Challis National Forests could be closed as a result of its passage.

California Bill to Increase "Specially Constructed" Class From 500 to 750 Vehicles Per Year Fails to Pass Senate Committee

After passing in the Assembly with the full support of the automotive hobbyist community, the California Senate Transportation Committee failed to approve legislation to increase the registration limit for exempted specially constructed vehicle registrations from 500 to 750 vehicles per year. The bill was defeated on a 3 to 5 vote.

One Week Left to Be Placed on CARB Diesel “Parts in Progress List”

One week remains for diesel performance parts manufacturers to have these parts placed on the California Air Resources Board’s (CARB) “Parts in Progress List,” thereby providing a one-year period for obtaining emissions compliance for these components.

Illinois Joins List of States Banning Lead Wheel Weights

As of January 1, 2011, it will be illegal to sell or install a wheel weight that contains lead or mercury in Illinois. The state joins several others that have enacted laws banning the manufacture, sale and use of lead wheel weights. California’s law went into effect on January 1, 2010. Maine, Vermont and Washington also ban the products while Iowa, Maryland, New York, Rhode Island and Wisconsin have considered a ban.
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