Letters to Washington
|
July 31, 2024
Letter to Senate Committee on Finance on the Tax Relief for American Families and Workers Act of 2024
On behalf of the 450 members of the National Stone, Sand & Gravel Association (NSSGA), I write to express our strong support for The Tax Relief for American Families and Workers Act of 2024 and urge the Senate to pass it expeditiously. Specifically, we are encouraged to see the legislation restores immediate expensing of domestic research and development expenditures, extends 100 percent bonus depreciation, and extends enhanced interest deductibility. These provisions support our nation’s manufacturing economy and will ensure construction materials are available and competitively priced to build the infrastructure that America needs.