The Internal Revenue Service (IRS) has set the standard business-mileage deduction for 2014 at $0.56 per mile. The rate is one-half cent lower than in 2013.
December 13, 2013
SEMA is supporting legislation that would amend the state’s current law defining historical motor vehicles to permit use of these vehicles on public roads to and from a location where maintenance is performed.
In a unanimous vote, the Senate Transportation Committee approved legislation that originally required headlights on motor vehicles to display a “white light” without defining the term.
Legislation was introduced in Massachusetts to establish a pilot program to impose a vehicle mileage user fee. The bill is intended to supplement the gas tax and implement alternative ways to raise transportation revenue for the state.
SEMA is opposing Michigan legislation to require the issuance of two license plates for motor vehicles. The state currently only requires one.
Over the years, SEMA has received many requests from members seeking information about federal and state emissions compliance requirements. To assist these members in understanding the requirements and to identify ways to minimize both cost and time in reaching compliance status, SEMA has collected information that addresses these issues in a very user-friendly way.
Transport Canada has updated its tire standards to harmonize them with counterpart standards in the United States. Canada’s Motor Vehicle Tire Safety Regulations, 1995 (MVTSR, 1995) are being revised and relocated within the Canadian Motor Vehicle Safety Standards (CMVSS).
An Advisory Committee convened by the U.S. Forest Service (USFS) has issued detailed recommendations on how to implement the agency’s 2012 “Planning Rule.” The Rule is the master guidance document for developing land-use plans instituted by individual forests.
As part of a continuing effort to revise the American tax code, the leadership of the U.S. Senate Finance Committee has released a proposal to address reforms to cost recovery and tax accounting laws. Earlier this year, the committee began a thorough review of the tax code to modernize the system and create simpler rules for small businesses.