Government Affairs

Portion of Bonneville Salt Flats Resurfaced

An estimated 2,000 tons of salt were successfully deposited on the mud surface at the end of the access road to the Bonneville Salt Flats. It was graded and then dried to a hard concrete-like racing surface. Although modest in scope, the project demonstrates that it should be possible to deposit dry salt in targeted areas so as to help preserve our national treasure, the site where land speed records have been set over the past 100 years.

The Automotive Hobby’s “Holiday” Is Back

A wide range of automotive events are held on the second Friday in July to honor Collector Car Appreciation Day (CCAD). At the request of the SEMA Action Network (SAN), this “holiday” has been marked each year since 2010 by a U.S. Senate Resolution recognizing that the “collection and restoration of historic and classic cars is an important part of preserving the technological achievements and cultural heritage of the United States.”

Province of Nova Scotia Proclaims July 2014 as “Automotive Heritage Month”

Thanks to the efforts of the National Association of Automobile Clubs of Canada, Nova Scotia Premier Stephen McNeil has issued a proclamation designating July 2014 as “Automotive Heritage Month” in the province. Nova Scotia joins several states, provinces and cities that have officially recognized the celebration of collector cars. 

IRS Permits Multi-Year R&D Tax Credit Claims on Amended Returns

The Internal Revenue Service (IRS) will now allow taxpayers to claim the “simplified” research and development (R&D) tax credit on amended tax returns. The Alternative Simplified Credit (ASC) was created in 2006 to eliminate more complex calculations required under the original R&D tax credit, making it easier for small and mid-size companies to take advantage of the program.

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