Why lose market share to counterfeit or knockoff products?
Law & Order
Our industry has much at stake in this election. On November 4, 2008, voters will elect thousands of state and local leaders, 11 governors, 435 members of Congress, 35 senators and a new president. Each and every one of these elected officials has the ability to positively or negatively shape legislation affecting each of us, our company and our communities.
President Bush signed into law the economic stabilization bill which included renewal of the research and development (R&D) tax credit, a top legislative priority for SEMA. The R&D tax credit was extended through 2009, retroactive to its expiration on December 31, 2007. The new law increases the alternative simplified credit from 12% to 14% for the 2009 tax year and repeals the alternative incremental research credit for the 2009 tax year.
SEMA submitted comments to federal lawmakers defending continued use of off-highway vehicles (OHV) on federal lands in the Eastern Sierra and Northern San Gabriel region in Southern California. SEMA opposes legislation (H.R. 6156) to designate 475,000 acres of federal lands in Mono, Inyo and Los Angeles Counties as “wilderness.”
OHVs would be denied access to the land since motorized recreation is not permitted in a wilderness area. The bill was the topic of a hearing by a U.S. House of Representatives Natural Resources Subcommittee.
The National Highway Traffic Safety Administration (NHTSA) plans to update the new performance tests for motorcycle helmets under Federal Motor Vehicle Safety Standard (FMVSS) No. 218. The NHTSA is proposing to strengthen the penetration, impact and retention tests.
The National Highway Traffic Safety Administration (NHTSA) plans to update the new performance tests for motorcycle brakes, first adopted in 1972. The test requirements are part of Federal Motor Vehicle Safety Standard (FMVSS) No.
It has come to SEMA's attention that some SEMA members have received a one-page notice offering a "free" listing in The Fair Guide operated by Construct Data Verlag (also known as Construct Data AG) based in Austria. However, the small print at the bottom of the page notes that by signing and returning the document, you have entered into a three-year, non-retractable contract to pay up to $1,000 a year for the listing.
Example of Fair Guide solicitation:
An increasing number of specialty-equipment companies are facing the growing complexity of complying with emissions-related parts requirements, particularly when governed by federal and California environmental regulations. Questions often arise about the compliance process, how to handle "cease and desist" letters, and how to avoid penalties and fines when selling emissions-related products in all 50 states.
Congress passed legislation which will overturn two Supreme Court decisions that had narrowed the definition of "disability" under the Americans With Disabilities Act (ADA). In Sutton vs. United Airlines and Toyota vs. Williams, the court ruled that an individual must have a physical or mental impairment that substantially limits one or more major life activities in order to "qualify" as disabled.
Most SEMA-member companies are small businesses. SEMA has compiled a webpage which provides links to federal and state government resources dedicated to small-business issues. The material is divided into 12 separate categories ranging from business planning and financial assistance to an overview of labor and tax laws. The information is available at: Small Business Issues.