Print Page   |   Your Cart   |   Sign In
News & Press: Arizona Business News Updates

Repeal of Withholding goes to President for signature

Thursday, November 17, 2011   (0 Comments)
Posted by: Donna Davis, Chief Executive Officer
Share |
Repeal receives bipartisan support in House and Senate

The Senate amended version of H.R. 674 passed this evening in the U.S. House of Representatives by a vote of 422 to 0. The bill now goes to the White House for the President's signature.

Congressmen Wally Herger (R-CA) and Earl Blumenauer (D-OR) along with Senators Scott Brown (R-MA) and David Vitter (R-LA) worked tirelessly to push through the legislation in the House. Chairman Dave Camp and Ranking Member Sander Levin should also be recognized for their efforts in Committee, and Speaker John Boehner, Leader Eric Cantor and Whip Kevin McCarthy for putting the 3% repeal on the House "to do" list. Also deserving of praise is Leader Mitch McConnell for pushing this legislation in the Senate. This resounding and overwhelmingly bipartisan vote is the result of the persistent and diverse efforts of the National Association of Government Contractors and the Government Withholding Relief Coalition.

According to the rule adopted by the House, H.R. 674 has been combined with H.R. 2576, which was also approved by the House with bipartisan support, into one measure. H.R. 2576, in essence the offset, would adjust the income qualifications for purposes of determining eligibility for certain healthcare-related programs, such as Medicaid. Just as the Administration endorsed H.R. 674, it has likewise endorsed H.R. 2576 (Statements of Administration Policy for both H.R.674 & H.R.2576 are attached).

This means the House has approved with bipartisan support and the Administration's blessing a measure to repeal the 3% withholding tax mandate with an offset that enjoys bipartisan support and the Administration's support as well. The President is expected to sign the repeal measure.

Source: Staff at NAGC

Get $5k-$20 in Free Marketing: Make 2016 Your Year for Success!

In Business Magazine

Use In Business Magazine as a tool to reach your customers for 2016. Through Print, Online, Social Media, Email & Events, you can realize an additional $5k to $20k in free advertising with In Business Magazine over 2016.


Small is the New Black


What's trending for 2016? Small Business! This year, resolve to support our local economy by "Thinking Small" at least one time each week! Need help finding a small biz? Visit! #ThinkSmallBiz


Allowing you to concentrate on what's really important.

Low and Johnson Inc.

We understand the insurance needs of locally-owned businesses because we're one, too. As an ASBA member backed by CNA, we're dedicated to helping small businesses like yours safeguard all you've worked so hard to build.



ASBA 101


Date: Held monthly
Time: Click to check times
Location: Phoenix or Tucson


ASBA Speed Networking


Date: Every 2nd Tuesday of the Month
Time: 3:00 PM - 4:30 PM
Location: Phoenix or Tucson

You're important to us and we want to help protect you

Mutual of Omaha

Protecting you and your family through the use of insurance products. Purchase an insurance policy with lower premiums and/or enhanced benefits not available to the general public.


Have questions on small business and health insurance?

Health Insurance

Get the latest on individual, sole proprietor, or group plans related to small business. We can help you find the right plan for you, and your employees. Click to learn more!


CopperPoint Insurance Companies

CopperPoint Mutual

CopperPoint Insurance is Arizona's premiere provider of workers compensation insurance. We've been providing coverage and advocating for Arizona businesses, small and large, throughout the state since 1925.


Association Management Software Powered by YourMembership  ::  Legal