SEMA and its Automotive Restoration Market Organization (ARMO) and Hot Rod Industry Alliance (HRIA) councils have announced that the next Collector Car Appreciation Day will be celebrated July 11, 2014.

The Internal Revenue Service (IRS) has issued a proposed rule to clarify that research and development (R&D) expenditures would be deductible regardless of whether the resulting product is sold or used in the taxpayer’s trade or business.

Legislation has been introduced in the Michigan Senate to exempt historic military vehicles from the requirement that they display a license plate unless the vehicle was originally manufactured with lighting and mounting provisions for a plate.

Whether you’re a business owner or an employee, it’s critical that you understand the requirements of the new health care reform law. Although the Affordable Care Act’s employer mandate penalties have been delayed one year until 2015, other obligations impacting companies of all sizes and their workers will still take effect in 2013 and 2014.

The National Highway Traffic Safety Administration (NHTSA) has issued a proposed rule to allow motorcycle license plates to be mounted at an angle of up to 30 degrees beyond vertical rather than the current 15-degree limit.

SEMA-supported legislation to require the issuance of only a single license plate for motor vehicles will be considered by the Massachusetts Joint Transportation Committee, Tuesday, September 10, 2013.

SEMA’s Political Action Committee (SEMA PAC) recently launched “Under the Hood,” an exclusive electronic newsletter available to all SEMA PAC-approved members.

Businesses and enthusiasts can visit the SEMA Action Network’s (SAN) website to learn how to title and register hobby cars in each state, meet emissions standards and fight unfair inoperable vehicle storage rules at the local level. The SAN has now added to its resource arsenal a compilation of exhaust noise laws by state.

West Virginia Delegate Gary Howell has been named vice chairman of the State Automotive Enthusiast Leadership Caucus. The Caucus is supported by SEMA and chaired by New York Assemblyman Bill Reilich.