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The House’s Dwindling Majority On March 19th, Rep. Gallagher (R-WI) resigned from Congress following the four-term Republican’s announcement last month that he would not run for reelection. Under Wisconsin state law, the vacancy in Wisconsin’s 8th District will not be filled until the general election in November. The next day, Rep. Buck (R-CO) retired from…

ASA Attorneys’ Council SUBExcel Meeting Wrap Up March 2024 We were happy to welcome a group of about 20 of our Attorneys’ Council members from law firms and ASA chapters across the country to meet as part of SUBExcel 2024 in New Orleans. Our dedicated Council members give of their time and expertise hours to…

Click Here to Register for this Webinar Today! Upcoming Webinar: Assuring the Successful Continuation of Your Company ASA invites you to join us on April 9th, 2024 at noon Eastern for the upcoming webinar, “Assuring the Successful Continuation of Your Company”.  This seminar will focus on the areas of business succession, estate planning, and liquidity…

2024 ASA Legislative Fly In on Capitol Hill ASA wants you to join us in Washington DC this June!  On June 11-12, 2024 ASA will be meeting at the Capitol Hill Hotel for the ASA Legislative Fly In.  This event will include the ASA Board Meeting, as well as visits to Capitol Hill. Please register…

This Week in Congress Congress has reached a funding agreement for the six remaining FY24 appropriations bills prior to the March 22nd government shutdown deadline. Those six bills include: Defense, Financial Services, Homeland Security, Labor-HHS-Education, Legislative Branch, and State-Foreign Operations. The House voted on a slate of energy-related legislation as part of their “Energy Week.”…

FY24 War Supplemental? Per Senate Armed Services Chairman Reed, “the Defense Department will be in ‘unknown country’ if Congress does not pass supplemental funding for Ukraine, Israel and Taiwan.” Chairman Reed implored the House to pass the $95.3 billion aid package (H.R. 815) suggesting that the Pentagon will face budgetary challenges without the influx of…

Update on the Federal Aviation Authorization (FAA) Reauthorization Bill Senators from Virginia and Maryland are urging lawmakers negotiating the Federal Aviation Authorization (FAA) Reauthorization bill to omit provisions that would add long-distance flight slots to Ronald Reagan Washington National Airport, a controversial issue that threatened to hold up the bill in the past. A perimeter…

SCOTUS and Social Media The U.S. Supreme Court appeared ready to allow Biden administration officials to communicate with social media companies, as multiple justices sounded skeptical that the government violated free speech rights when it encouraged the removal of posts with misinformation. The justices heard oral arguments over a ruling from a U.S. Court of…

ASA Calls for the Delayed Implementation of the Corporate Transparency Act (CTA) ASA, along with the Small Business Legislative Counsel (SBLC), sent a letter to the Senate Banking Committee Chairs urging to delay the filing deadlines of the Corporate Transparency Act (CTA) by passing S. 3625, the Protect Small Business and Prevent Illicit Financial Activity…

This Week in Congress This week, the House voted on legislation to ban TikTok in the United States unless it spins off from Chinese-owned ByteDance Ltd.  President Joe Biden said he would sign the bill if it reached his desk.  Additionally, the House voted on a bill that would require the General Services Administration (GSA)…