Hardwood Federation Supplies Business-Targeted Updates in January 12th “D.C. Cheat Sheet”
The Hardwood Federation produces a “D.C. Cheat Sheet” e-newsletter to maintain the business up-to-date on the newest information from Washington D.C. Take a look at the January 12th version under and sign up to obtain your copy.
New Home Speaker, New Home Guidelines
Following a number of days of negotiations, Rep. Kevin McCarthy (R-CA) received sufficient votes on January 6 to safe the Home Speakership as Congress then turned to a brand new GOP-drafted guidelines package deal that may govern legislative procedures for the subsequent two years. Republican lawmakers have positioned a precedence on {dollars} and cents, proposing that any invoice that will increase federal spending could be accompanied by equal spending cuts. Importantly for the hardwood sector, on the income aspect, the plan would require a three-fifths supermajority to extend taxes, together with these imposed on small companies. The Hardwood Federation will maintain you posted on the ultimate make-up of the brand new guidelines package deal and the way it will have an effect on laws impacting the business.
Home Farm Invoice Leaders to Play Catch Up
Within the wake of a protracted election for Home Speaker, farm invoice leaders, together with Ag Chair Rep. GT Thompson (R-PA) and panel member Rep. Dusty Johnson (R-SD) have said that they’ve “catch-up” to do to maneuver the laws ahead in 2023. Fundamental house-keeping issues equivalent to last committee assignments and delays in hiring employees will immediate members to “burn the midnight oil,” in response to Rep. Thompson. The prolonged debate over the Speakership additionally resulted in a postponed “listening session,” which Chair Thompson deliberate to steer in Harrisburg, Pennsylvania, on January 6 and rescheduled for January 13.
EPA Proposes New Air High quality Laws
On January 6, EPA introduced proposed, new laws on superb, air-borne particulate matter (PM 2.5) which will create extra crimson tape for companies, particularly producers, working in areas of the nation that the company classifies as being in “non-attainment” of the requirements. EPA identifies frequent sources of PM to incorporate dust roads, fields, fires and development websites. Frequent “management measures” embrace necessities to spray dusty, out of doors areas to forestall tiny particles from turning into airborne. Producers have criticized the proposal on the grounds that it’ll undermine enterprise funding because the economic system faces headwinds in 2023. The Hardwood Federation will maintain you posted on EPA actions that might improve prices for hardwood operations, particularly because the company strikes ahead with its agenda for the final two years of the present Administration.
Supply: Hardwood Federation
