California Assemblyman Mike Duvall is the new chairman of the State Automotive Enthusiast Leadership Caucus. The Caucus is supported by SEMA. Duvall succeeds New York Assemblyman Bill Reilich who served in that capacity for a two-year term beginning in 2007.
The U.S. Small Business Administration (SBA) has temporarily expanded the size requirements for SBA-backed 7(a) loans in order to help insert more liquidity into the marketplace. The SBA estimates that more than 70,000 small businesses across the country will be eligible for new loans between now and the time the program ends on September 30, 2010, including many auto-sector businesses.
After years of debate, the National Highway Traffic Safety Administration has revised the vehicle roof strength rule, Federal Motor Vehicle Safety Standard (FMVSS) No. 216. The new standard will require manufacturers to design vehicle roofs that withstand at least three times the weight of a light-duty vehicle (up to 6,000 lbs.) during a two-sided roof strength test. The current standard, which had remained unchanged since 1971, requires the roof to support at least 1.5 times the vehicle weight when tested on one side only.
SEMA Continues to Promote Options to Short-Sighted Scrappage Program
Key lawmakers in the U.S. House of Representatives announced a “Cash for Guzzlers” agreement that would pay consumers to scrap cars and trucks that get less than 18 miles per gallon in exchange for a cash voucher to buy a new car. The consumer would receive either $3,500 or $4,500 depending on the fuel economy improvement of the new vehicle. Legislation is expected to be introduced in the near future.
SEMA press statement regarding vehicle scrappage programs.
California Assemblyman Mike Duvall is the new chairman of the State Automotive Enthusiast Leadership Caucus.
You will find fans of the auto hobby and racing everywhere, even in the
hallowed halls of Congress.
Having an active and vocal presence in Washington, D.C., is vital to
protecting the livelihood of our industry.
SEMA News - May 2009
SEMA LEGISLATIVE AND TECHNICAL AFFAIRS
By Jim McFarland