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IRS Standard Mileage-Rate Deduction for 2013

The Internal Revenue Service (IRS) has set the standard business-mileage deduction at 56.5 cents a mile for 2013. The rate is one cent higher than in 2012.

Wyoming Proposes Registration/Fuel Tax Fee Increases

SEMA is working with Wyoming lawmakers to oppose legislation pre-filed for consideration in 2013 that would increase vehicle registration fees by $10 for passenger vehicles and would double registration fees based on unladen vehicle weight for non-commercial trucks.

California Legislator Drops Plan to Increase Vehicle Licensing Tax

California Senator Ted Lieu is dropping a plan to ask voters to triple the state’s vehicle license fee rates through a constitutional amendment. Under the plan, Lieu indicated that the 1.35% transportation system user fee increase would generate an estimated $3.5 to $4 billion annually for roads and public transit.

Democrats Gain Supermajority in California State Legislature

While most of the national attention during last November’s election was devoted to the presidential race, an event critical to the state of California also created news. With all the votes counted, one party has garnered enough seats in both houses of California’s legislature to now govern the state with a supermajority that can overturn a governor’s veto.

AAA Announces Opposition to E15 Gasoline

The American Automobile Association (AAA) is opposing the sale of gasoline with 15% ethanol content (E15).

NHTSA Study Demonstrates Effectiveness of Tire Pressure Monitoring Systems

The National Highway Traffic Safety Administration (NHTSA) has issued survey results on the effectiveness of tire pressure monitoring systems (TPMS). The technical report analyzes a sampling of data collected from tires mounted on model-year ’04–’07 vehicles.

SEMA Joins National Coalition Effort to Protect Motorized Recreation in Utah

SEMA has joined with the Off Road Business Association (ORBA), Motorcycle Industry Council (MIC), American Motorcyclist Association (AMA) and a number of other motorized recreation groups to oppose designating 1.4 million acres of land in Utah as a National Monument.

The “Fiscal Cliff” Explained: Expiring Tax Provisions Require Immediate Congressional Action

At midnight on December 31, a major provision of the “Budget Control Act” (BCA) agreed to last summer by Congress and the President is set to go into effect. The BCA called for Congress to pass legislation lowering the U.S. deficit by $1.2 trillion over the next 10 years.

Harnessing Industry Horsepower: Act Now to Protect the Hobby

As the fight to defend the automotive hobby continues, the opportunity to showcase the SEMA Action Network’s (SAN) efforts to the specialty-equipment industry remains critical. SEMA-member businesses represent an integral component in successfully reaching lawmakers with a unified message on important legislation.
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