RPM Act: Congressional support for the Recognizing the Protection of Motorsports (RPM) Act, H.R. 5434/S. 2602, continues to grow. SEMA is working with lawmakers to pass the bill in 2020. There were 29 co-sponsors in the Senate and 58 co-sponsors in the House at press time for this issue of SEMA News. The bipartisan RPM Act protects the right to convert an automobile into a race car used exclusively at the track and to sell parts used to make the conversion and race the vehicle. SEMA asks its members to contact their lawmakers and urge their support. Visit www.sema.org/rpm.
Collector Car Appreciation Day (CCAD) will be celebrated this year on July 10, 2020.
SEMA and more than 200 trade associations and businesses have called on Congress to quickly enact temporary and targeted COVID-19 liability relief legislation.
The Illinois Motorsports Coalition (IMC), a group comprised of racing facilities across Illinois, has submitted a SEMA-supported eight-step plan to Governor J.B. Pritzker that would allow motorsports to safely resume statewide.
The United Steelworkers union has filed antidumping (AD) and countervailing duty (CVD) petitions on certain passenger vehicles and light truck tires from southeast Asia.
The Pennsylvania House Committee on State Government passed SEMA-supported legislation (H.B. 2489) that would allow outdoor recreational activities, including motorsports, to resume immediately under certain conditions.
SEMA has joined forces with the National Association of Manufacturers (NAM) in requesting the U.S. Congress to enact reasonable COVID-19 liability protections for businesses.
The two-year SBA loans at a 1% annual interest rate are issued through banks and local lenders.
As the country sets its sights on efforts to recover from the COVID-19 epidemic, a critical element will be reopening businesses and putting employees back to work.
While there are more than a few automotive enthusiasts in Congress, U.S. Representative Doug LaMalfa’s (R-CA) enthusiasm for the hobby and collection of classic vehicles puts him in a class by himself.