As of April 1, 2011, it will be illegal to sell or install a wheel
weight in New York that contains lead. The state joins several others
that have enacted laws banning the manufacture, sale and use of lead
weights. California’s law went into effect on January 1, 2010.
Illinois, Maine, Vermont and Washington also ban the products while
Iowa, Maryland, Rhode Island and Wisconsin have considered a ban.
SEMA praised the United States Senate for passing the “Small Business
Jobs and Credit Act” (HR 5297). The bill will be signed into law by
President Obama pending imminent ratification by the House of
Representatives.
The legislation creates a $30 billion fund to provide banks with less than $10 billion in assets access to capital to lend specifically to small businesses while providing tax incentives to encourage business development. In addition, the bill includes $12 billion in tax cuts and stronger government loan guarantees.
The legislation creates a $30 billion fund to provide banks with less than $10 billion in assets access to capital to lend specifically to small businesses while providing tax incentives to encourage business development. In addition, the bill includes $12 billion in tax cuts and stronger government loan guarantees.
A new California regulation requiring auto service facilities to
check tire pressure seeks to reduce greenhouse gas emissions from
under-inflated tires.
The U.S. Department of Commerce unveiled 14 proposals to strengthen the
enforcement of U.S. trade laws. The measures would focus on illegal
import practices from non-market economies by tightening U.S. rules
governing antidumping (AD) and countervailing duties (CVD). “Dumping”
is when a manufacturer(s) in one country exports a product to another
country at a price that is below its production costs or the price
charged in its home market. “Countervailing duties” are imposed when
an investigation finds that a foreign country is subsidizing its
exports and injuring the importing country’s domestic producers. The
Commerce Department initiated 34 AD/CVD investigations in 2009 compared
to 19 the previous year.
The Wisconsin Department of Transportation has proposed a new
regulation (Chapter Trans 123) to prohibit the registration of imported
vehicles manufactured after 1967 that do not meet Federal Motor Vehicle
Safety Standards (FMVSS). U.S. law specifically exempts imported
vehicles that are 25 years old and older from these safety standards.
Trans 123 offers no such reasonable exemption.
Registering your intellectual property is key to establishing legal rights. Visit SEMA's "Introduction to Intellectual Property Rights" webpage for resources to help protect your valuable IP work.
Legislators set classification standards and exempt street rods and custom vehicles from emissions inspection requirements.
Under a SEMA-supported “jobs bill” enacted into law last March, private
employers can claim tax credits if they hire someone in 2010 who has
been out of work for at least 60 days. The federal government estimates
the credit already applies to 4.5 million new workers hired between
last February and May.
As the political climate continues to evolve in advance of the 2010
elections, SEMA members arrived in Washington, D.C., for the biennial
SEMA Washington Rally. On May 12, Rally participants met with the
senators and representatives to discuss critical issues facing their
businesses and the industry.
Read more about how the SEMA Washington Rally helps members of Congress better understand the specialty-equipment industry and provides SEMA members the opportunity to provide recommendations on how to address touch issues facing businesses and employees.
Read more about how the SEMA Washington Rally helps members of Congress better understand the specialty-equipment industry and provides SEMA members the opportunity to provide recommendations on how to address touch issues facing businesses and employees.
- Read more about SEMA Street Rod and Custom Vehicle Bill Goes to Massachusetts Governor for Signature
A version of SEMA-model legislation (H.B. 4871) to create a vehicle
registration classification for street rods, custom vehicles, replicas
and specially constructed vehicles was passed by the Massachusetts
State Legislature. The bill has been sent to the governor for his
signature and enactment into law.