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.

Dennis Gage, of "My Classic Car" fame, presented the U.S. Senate Resolution designating July 9 as Collector Car Appreciation Day to the Virginia Museum of Transportation. The resolution, which was secured by SEMA and its councils, recognizes the vital role automotive restoration and collection plays in American society. Restoration businesses help save our nation’s heritage while providing well-paying, high-skilled jobs nationwide.

While Star City Motor Madness jump-started the July 9 celebration, there are many events that will occur on that special day. Follow this link for a current list of events nationwide.

As you celebrate Collector Car Appreciation Day, SEMA members can also help raise awareness of the SAN by placing a logo-link to www.SEMASAN.com on your website. The SAN is a nationwide partnership of car clubs, individuals and SEMA members who work together to promote industry-friendly laws and regulations and stop bad laws in their tracks. The SAN logo link can be found at www.SEMASAN.com.

For technical support, contact Ethan Landesman at 202/783-6007 ext. 39 or ethanl@sema.org.

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.

Dennis Gage, of "My Classic Car" fame, presented the U.S. Senate Resolution designating July 9 as Collector Car Appreciation Day to the Virginia Museum of Transportation. The resolution, which was secured by SEMA and its councils, recognizes the vital role automotive restoration and collection plays in American society. Restoration businesses help save our nation’s heritage while providing well-paying, high-skilled jobs nationwide.

While Star City Motor Madness jump-started the July 9 celebration, there are many events that will occur on that special day. Follow this link for a current list of events nationwide.

As you celebrate Collector Car Appreciation Day, SEMA members can also help raise awareness of the SAN by placing a logo-link to www.SEMASAN.com on your website. The SAN is a nationwide partnership of car clubs, individuals and SEMA members who work together to promote industry-friendly laws and regulations and stop bad laws in their tracks. The SAN logo link can be found at www.SEMASAN.com.

For technical support, contact Ethan Landesman at 202/783-6007 ext. 39 or ethanl@sema.org.

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.

Dennis Gage, of "My Classic Car" fame, presented the U.S. Senate Resolution designating July 9 as Collector Car Appreciation Day to the Virginia Museum of Transportation. The resolution, which was secured by SEMA and its councils, recognizes the vital role automotive restoration and collection plays in American society. Restoration businesses help save our nation’s heritage while providing well-paying, high-skilled jobs nationwide.

While Star City Motor Madness jump-started the July 9 celebration, there are many events that will occur on that special day. Follow this link for a current list of events nationwide.

As you celebrate Collector Car Appreciation Day, SEMA members can also help raise awareness of the SAN by placing a logo-link to www.SEMASAN.com on your website. The SAN is a nationwide partnership of car clubs, individuals and SEMA members who work together to promote industry-friendly laws and regulations and stop bad laws in their tracks. The SAN logo link can be found at www.SEMASAN.com.

For technical support, contact Ethan Landesman at 202/783-6007 ext. 39 or ethanl@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.

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.

The legislation would create a $30 billion dollar fund available to smaller financial institutions. Interest rates charged to use the monies would be lowered if the banks loaned the monies to small businesses. The Senate bill would also extend the bonus depreciation through 2010. In 2008 and 2009, all businesses were permitted to immediately write off 50% of the cost of new equipment (“bonus depreciation”). The depreciation expired at the end of 2009.

SEMA contends the depreciation write-off encourages companies to invest in newer, more efficient equipment and spurs sales and creates jobs.

For more information, contact Dan Sadowski at dans@sema.org.