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eNews Article

DEADLINES APPROACHING TO CAST ABSENTEE BALLOTS

Our industry has much at stake in this election. On November 4, 2008, voters will elect thousands of state and local leaders, 11 governors, 435 members of Congress, 35 senators and a new president. Each and every one of these elected officials has the ability to positively or negatively shape...
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R&D TAX CREDIT RENEWED AS PART OF FINANCIAL RESCUE BILL

President Bush signed into law the economic stabilization bill which included renewal of the research and development (R&D) tax credit, a top legislative priority for SEMA. The R&D tax credit was extended through 2009, retroactive to its expiration on December 31, 2007. The new law increases the...
eNews Article

DEFENDING OHV ACCESS TO PUBLIC LANDS

SEMA submitted comments to federal lawmakers defending continued use of off-highway vehicles (OHV) on federal lands in the Eastern Sierra and Northern San Gabriel region in Southern California. SEMA opposes legislation (H.R. 6156) to designate 475,000 acres of federal lands in Mono, Inyo and Los...
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FEDS PLAN UPDATE ON MOTORCYCLE HELMET TESTS AND LABELING REQUIREMENTS

The National Highway Traffic Safety Administration (NHTSA) plans to update the new performance tests for motorcycle helmets under Federal Motor Vehicle Safety Standard (FMVSS) No. 218. The NHTSA is proposing to strengthen the penetration, impact and retention tests.
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RACING NEWS: CASTRONEVES PLEADS NOT GUILTY TO TAX EVASION AND FRAUD

TROUBLED TIMES: Two-time Indianapolis 500 winner Helio Castroneves pleaded not guilty to charges of tax evasion and fraud, which the federal government brought against Castroneves and his sister Katiucia last week. Castroneves was freed on a $10 million bond but cannot leave the country. HE’S OUT...