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Unexpected Turn of Events in the Lawsuit Regarding the Corporate Transparency Act (CTA) 

Unexpected Turn of Events in the Lawsuit Regarding the Corporate Transparency Act (CTA) On December 26, 2024, the Fifth Circuit merits panel reinstituted the preliminary injunction against the enforcement of the Corporate Transparency Act (CTA); thereby, there is no requirement or deadline to file a company Beneficial Ownership Information (BOI) report pursuant to the CTA.…

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Preliminary List of Legislative Priorities for the 119th Congress

Preliminary List of Legislative Priorities for the 119th Congress Debt Ceiling:  In December 2021, Congress voted to increase the debt limit, the maximum amount of money that the U.S. can borrow to meet its legal obligations, to $31.4 trillion.  The Treasury hit that limit in early 2023.  The bipartisan Fiscal Responsibility Act, passed by Congress…

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ASA’s Comments to OSHA’s Heat Injury and Illness Prevention Rule

ASA’s Comments to OSHA’s Heat Injury and Illness Prevention Rule ASA, along with the Construction Industry Safety Coalition (CISC), 30 trade associations representing virtually every aspect of the construction industry, submitted comments in response to the Occupational Safety and Health Administration (OSHA)’s Notice of Proposed Rulemaking (NPRM) concerning the Heat Injury and Illness Prevention in…

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ASA Government Relations 2024 Recap

ASA Government Relations 2024 Recap As we enter the New Year, the American Subcontractor Association (ASA) Government Relations Team wanted to briefly update you on our legislative and regulatory successes. Though this year has proven to be challenging, we offer thanks to our Government Relations Committee (GRC) for their tireless efforts in advocating for our…

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This Week in Congress

This Week In Congress This was the last week of the 118th Congress and the new Congress will convene on January 3, 2025. Our weekly updates will resume in the New Year once the 119th Congress is sworn in. In the interim, we wish you a Merry Christmas and Happy New Year! Federal government funding…

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OSHA Updates

OSHA Update Heat Injury and Illness Prevention Standard Comment Period Extended On November 29, 2024, OSHA announced a 15-day extension of the comment deadline for the agency’s proposed heat injury and illness prevention standard. The new deadline to submit comments will be January 14th. As part of the announcement, OSHA has also scheduled an informal…

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This Week in Congress

This Week in Congress This week, congressional leaders continued bipartisan negotiations on a continuing resolution (CR) to fund the federal government beyond December 20th. The CR is expected to run through March. Still being negotiated is the size and scope of disaster aid and “anomalies” including $6.6 billion for veterans’ health care and nearly $10.7…

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2024 Election Concludes

  2024 Election Concludes The 2024 federal election has finally concluded with Republicans winning 220 House seats to Democrats’ 215.  That represents a two-seat loss for Republicans as compared to the size of their majority after the 2022 elections.  It is the second-smallest House majority in history, percentagewise, and the smallest in more than 100…

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The 119th Congress by the Numbers

The 119th Congress by the Numbers When the 119th convenes on January 3rd, there will be 81 new Members of Congress from 31 states and territories including: • 13 new U.S. Senators • 68 New U.S. Representatives • 38 New Republicans • 41 New Democrats • 2 Vacancies – Rep. Gaetz (R-FL) resigned, and Rep.…

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Update: The Suspended Corporate Transparency Act

Update: The Suspended Corporate Transparency Act Brief Summary: The U.S. District Court for the Eastern District of Texas granted a nationwide injunction suspending enforcement of the Corporate Transparency Act (CTA) and its Beneficial Ownership Information (BOI) Reporting Rule.  The injunction suspends obligations to file initial BOI reports by January 1, 2025.  The court found that…

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