Tax Extender Letter February 2019

Letters

February 19, 2019

The Honorable Nancy Pelosi                                                     The Honorable Kevin McCarthy
Speaker of the U.S. House                                                         U.S. House Republican Leader
Washington, DC 20515                                                               Washington, DC 20515

The Honorable Mitch McConnell                                             The Honorable Charles Schumer
U.S. Senate Majority Leader                                                     U.S. Senate Democratic Leader
Washington, DC 20510                                                              Washington, DC 20510

The Honorable Richard Neal                                                     The Honorable Kevin Brady
Chairman                                                                                      Ranking Republican Member
U.S. House Committee on Ways and Means                           U.S. House Committee on Ways and Means
Washington, DC 20515                                                               Washington, DC 20515

The Honorable Charles Grassley                                              The Honorable Ron Wyden
Chairman                                                                                      Ranking Democratic Member
U.S. Senate Finance Committee                                                 U.S. Senate Finance Committee
Washington, DC 20510                                                               Washington, DC 20510                

Dear Speaker Pelosi, Republican Leader McCarthy, Majority Leader McConnell, Democratic Leader Schumer, Chairman Neal, Ranking Member Brady, Chairman Grassley and Ranking Member Wyden:

The following organizations, representing diverse business, energy, transportation, real estate and agriculture sectors, are writing to you regarding the pressing need to address the expired tax provisions (“tax extenders”).  We respectfully ask that at a minimum, the House and Senate retroactively extend these provisions through 2019 promptly in order to minimize potentially severe disruptions to the recently opened tax filing season. 

These temporary tax provisions have remained lapsed since the end of 2017.  This has created confusion for the numerous industry sectors that utilize these tax incentives and has threatened thousands of jobs in the U.S. economy.  The continued uncertainty with regard to eventual congressional action on tax extenders is undermining the effectiveness of these incentives and stands as a needless barrier to additional job creation and economic growth in the private sector. 

Providing taxpayers with a predictable planning outlook as it pertains to tax rules is conducive to increased private sector investment and economic activity.  Accordingly, we respectfully ask that you act to retroactively extend these expired tax provisions through 2019 on the first appropriate legislative vehicle.

We sincerely appreciate your attention to this matter, and stand ready to work with you to achieve this important objective.

Sincerely,

Advanced Biofuels Association
Advanced Biofuels Business Council
Air Conditioning Contractors of America (ACCA)
Air-Conditioning, Heating, and Refrigeration Institute
Alliantgroup
American Biogas Council
American Council of Engineering Companies
American Council On Renewable Energy (ACORE)
American Horse Council
American Public Gas Association
American Public Transportation Association
American Short Line and Regional Railroad Association
American Soybean Association
American Trucking Associations
American Veterinary Medical Association
Association of American Railroads
Biomass Power Association
Biotechnology Innovation Organization
Business Council for Sustainable Energy
CCIM Institute
Citizens for Responsible Energy Solutions
Coalition for Energy Efficient Jobs & Investment
Coalition for Renewable Natural Gas (RNG Coalition)
Community Transportation Association of America
Copper Development Association
Directors Guild of America
E2 (Environmental Entrepreneurs)
Education Theatre Association EDTA
Electric Drive Transportation Association
Fuel Cell and Hydrogen Energy Association
Growth Energy
Hearth, Patio & Barbecue Association
Independent Electrical Contractors
Independent Film and Television Alliance
Independent Fuel Terminal Operators Association
Institute of Real Estate Management®
NAESCO (National Association of Energy Service Companies)
National Association of Home Builders NAHB
National Association of REALTORS®
National Biodiesel Board
National Corn Growers Association
National Council of Farmer Cooperatives
National Hydropower Association
National Lumber and Building Material Dealers Association
National Propane Gas Association
National Railroad Construction and Maintenance Association
National Real Estate Investors Association
National Renderers Association
National Thoroughbred Racing Association
NATSO
NEFI
NGVAmerica
Pellet Fuels Institute
Renewable Fuels Association
South West Transit Association
The American Society of Cost Segregation Professionals
The National Employment Opportunity Network (NEON)
The Railway Engineering-Maintenance Suppliers Association (REMSA)
The Railway Engineering-Maintenance Suppliers Association (REMSA)
The Sheet Metal and Air Conditioning Contractors National Association (SMACNA)
U.S. Canola Association

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Independent Film and Television Alliance

Independent Fuel Terminal Operators Association

Institute of Real Estate Management®

NAESCO (National Association of Energy Service Companies)

National Association of Home Builders NAHB

National Association of REALTORS®

National Biodiesel Board

National Corn Growers Association

National Council of Farmer Cooperatives

National Hydropower Association

National Lumber and Building Material Dealers Association

National Propane Gas Association

National Railroad Construction and Maintenance Association

National Real Estate Investors Association

National Renderers Association

National Thoroughbred Racing Association

NATSO

NEFI

NGVAmerica

Pellet Fuels Institute

Renewable Fuels Association

South West Transit Association

The American Society of Cost Segregation Professionals

The National Employment Opportunity Network (NEON)

The Railway Engineering-Maintenance Suppliers Association (REMSA)

The Railway Engineering-Maintenance Suppliers Association (REMSA)

The Sheet Metal and Air Conditioning Contractors National Association (SMACNA)

U.S. Canola Association

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