On Tuesday, December 16th, the U.S. Senate passed H.R. 5771, the Tax Extenders Bill. This legislation retroactively expands the Section 179 deduction limits to individuals, businesses, and the energy sector for 2014. The bill extends the cut off date through December 31, 2014. For more information, please click here.
EPA is proposing to strengthen air quality standards to within a range of 65 to 70 parts per billion (ppb) to better protect Americans’ health and the environment, while taking comment on a level as low as 60 ppb. The Clean Air Act requires EPA to review the standards every five years by following a set of open, transparent steps and considering the advice of a panel of independent experts. EPA last updated these standards in 2008, setting them at 75 ppb. To view the proposal, click here.
Please click here to see the full text of S. 2949, the Motor Vehicle Safety Whistleblower Act. This bill is currently before the Senate Committee on Commerce, Science, and Transportation.