By Washington, D.C., Staff

The U.S. Senate Finance Committee passed legislation to extend tax breaks of key importance to SEMA members. The bill extends for two years the research and development (R&D) tax credit, which provides business a credit equal to 20% of research expenses incurred over and above the average amount the company invested in research for the prior four years. The legislation encourages businesses to make capital expenditures by providing companies a 50% bonus depreciation on qualified property purchased and placed in service before January 1, 2017.

The bill would also extend Section 179 expensing, which permits small businesses to deduct up to $500,000 in capital investments made in the year of the investment. The legislation also extends the seven-year depreciation recovery period for motorsports entertainment complexes. The bill proceeds to the Senate floor for consideration. The House of Representatives has already passed many of the same tax extender provisions.

For more information, contact Eric Snyder at erics@sema.org.

By Washington, D.C., Staff

The U.S. Senate Finance Committee passed legislation to extend tax breaks of key importance to SEMA members. The bill extends for two years the research and development (R&D) tax credit, which provides business a credit equal to 20% of research expenses incurred over and above the average amount the company invested in research for the prior four years. The legislation encourages businesses to make capital expenditures by providing companies a 50% bonus depreciation on qualified property purchased and placed in service before January 1, 2017.

The bill would also extend Section 179 expensing, which permits small businesses to deduct up to $500,000 in capital investments made in the year of the investment. The legislation also extends the seven-year depreciation recovery period for motorsports entertainment complexes. The bill proceeds to the Senate floor for consideration. The House of Representatives has already passed many of the same tax extender provisions.

For more information, contact Eric Snyder at erics@sema.org.

By Washington, D.C., Staff

Thanks to the efforts of the National Association of Automobile Clubs of Canada, New Brunswick, Newfoundland and Labrador, Prince Edward Island and Saskatchewan have each issued a proclamation designating July 2015 as “Automotive Heritage Month.” These provinces join British Columbia, Manitoba and Nova Scotia as jurisdictions that have officially recognized this celebration of collector cars.

Since 2010, the U.S. Senate has passed resolutions at SEMA’s request to acknowledge “Collector Car Appreciation Day,” which serves to raise awareness of the vital role automotive restoration and collection plays in American society. This year’s celebration took place on July 10.

For details, contact Steve McDonald at stevem@sema.org. 

By Washington, D.C., Staff

Thanks to the efforts of the National Association of Automobile Clubs of Canada, New Brunswick, Newfoundland and Labrador, Prince Edward Island and Saskatchewan have each issued a proclamation designating July 2015 as “Automotive Heritage Month.” These provinces join British Columbia, Manitoba and Nova Scotia as jurisdictions that have officially recognized this celebration of collector cars.

Since 2010, the U.S. Senate has passed resolutions at SEMA’s request to acknowledge “Collector Car Appreciation Day,” which serves to raise awareness of the vital role automotive restoration and collection plays in American society. This year’s celebration took place on July 10.

For details, contact Steve McDonald at stevem@sema.org. 

	All SEMA Show exhibitors can increase their market outreach through the valuable sponsorship packages available.

By Jason Catullo

Companies looking to gain additional exposure at the 2015 SEMA Show can take advantage of the valuable sponsorship opportunities available. The low-cost, high-value sponsorship and advertising packages are only available to exhibitors and are designed to enhance market outreach at the SEMA Show. To view the deals available, access the the 2015 SEMA Show Sponsorship Brochure.

In addition to the listings in the Show’s sponsorship brochure, SEMA Show sales representatives have the latest information regarding how to reach new customers outside of the traditional SEMA Show audience. Options may include advertising opportunities on shuttle busses and turn-key presence on the Las Vegas Monorail system.

SEMA Show Sales Reps

Business Services, Tools & Equipment, and Global Tire Expo: Brian Paik, 909-978-6677, brianp@sema.org.

Collision Repair, Hot Rod Alley and Restyling, Car Care & Accessories: Monica Terlouw, 909-978-6695, monicat@sema.org.

Trucks/SUVs/Offroad, Powersports & Utility Vehicles, and Restoration Marketplace: Alan Josse, 909-978-6666, alanj@sema.org.

Mobile Electronics & Accessories, Wheels & Accessories, and OEMs: Warren Kosokov, 909-978-6665, warrenk@sema.org.

Racing & Performance: Andrea Brake, 949-499-5413 x3022, andreab@performanceracing.com; Eric Jurado, 949-499-5413 x3020, ericj@performanceracing.com; Jeff Swoboda, 949-499-5413 x3012, jeffs@performanceracing.com; Judy Kean, 949-499-5413 x3014, judyk@performanceracing.com; Francisque Savinien, 949-499-5413 x3007, francisques@performanceracing.com; Reed Morales, 949-499-5413 x3010; reedm@performanceracing.com.

Special Package for First-time Exhibitors

Exhibitors who are new to the Show can increase their market outreach during the week with an effective and affordable sponsorship package. The offer includes one aisle sign, one single-sided billboard kiosk panel, one 1/2-page, four-color (horizontal) ad in the Official SEMA Show Directory, and one 1/2-page, four-color (horizontal) ad in the Official SEMA Show Pocket Guide.

The SEMA Show takes place Tuesday–Friday, November 3–6, in Las Vegas. Complete information on the Show is available at www.SEMAShow.com.

	All SEMA Show exhibitors can increase their market outreach through the valuable sponsorship packages available.

By Jason Catullo

Companies looking to gain additional exposure at the 2015 SEMA Show can take advantage of the valuable sponsorship opportunities available. The low-cost, high-value sponsorship and advertising packages are only available to exhibitors and are designed to enhance market outreach at the SEMA Show. To view the deals available, access the the 2015 SEMA Show Sponsorship Brochure.

In addition to the listings in the Show’s sponsorship brochure, SEMA Show sales representatives have the latest information regarding how to reach new customers outside of the traditional SEMA Show audience. Options may include advertising opportunities on shuttle busses and turn-key presence on the Las Vegas Monorail system.

SEMA Show Sales Reps

Business Services, Tools & Equipment, and Global Tire Expo: Brian Paik, 909-978-6677, brianp@sema.org.

Collision Repair, Hot Rod Alley and Restyling, Car Care & Accessories: Monica Terlouw, 909-978-6695, monicat@sema.org.

Trucks/SUVs/Offroad, Powersports & Utility Vehicles, and Restoration Marketplace: Alan Josse, 909-978-6666, alanj@sema.org.

Mobile Electronics & Accessories, Wheels & Accessories, and OEMs: Warren Kosokov, 909-978-6665, warrenk@sema.org.

Racing & Performance: Andrea Brake, 949-499-5413 x3022, andreab@performanceracing.com; Eric Jurado, 949-499-5413 x3020, ericj@performanceracing.com; Jeff Swoboda, 949-499-5413 x3012, jeffs@performanceracing.com; Judy Kean, 949-499-5413 x3014, judyk@performanceracing.com; Francisque Savinien, 949-499-5413 x3007, francisques@performanceracing.com; Reed Morales, 949-499-5413 x3010; reedm@performanceracing.com.

Special Package for First-time Exhibitors

Exhibitors who are new to the Show can increase their market outreach during the week with an effective and affordable sponsorship package. The offer includes one aisle sign, one single-sided billboard kiosk panel, one 1/2-page, four-color (horizontal) ad in the Official SEMA Show Directory, and one 1/2-page, four-color (horizontal) ad in the Official SEMA Show Pocket Guide.

The SEMA Show takes place Tuesday–Friday, November 3–6, in Las Vegas. Complete information on the Show is available at www.SEMAShow.com.

By Washington, D.C., Staff

Legislation has been introduced to require the state to charge and collect a user fee from each registrant of a motor vehicle. The fee would come in addition to the vehicle registration tax. The user fee would be $50 for each 10,000 miles driven by the registrant during the one-year period immediately preceding a registration renewal.

The bills would require that a vehicle registrant appear in person at an office of the secretary of state at the time of vehicle registration renewal to allow the state to verify the current mileage of the vehicle, calculate and collect the user fee. 

Read more about legislation at www.semasan.com.

Additional details are available from Steve McDonald at stevem@sema.org.

By Washington, D.C., Staff

Legislation has been introduced to require the state to charge and collect a user fee from each registrant of a motor vehicle. The fee would come in addition to the vehicle registration tax. The user fee would be $50 for each 10,000 miles driven by the registrant during the one-year period immediately preceding a registration renewal.

The bills would require that a vehicle registrant appear in person at an office of the secretary of state at the time of vehicle registration renewal to allow the state to verify the current mileage of the vehicle, calculate and collect the user fee. 

Read more about legislation at www.semasan.com.

Additional details are available from Steve McDonald at stevem@sema.org.