To Advance Member Companies- PMPA Government Affairs

 

 To advance member companies is part of the PMPA’s Mission; “to identify legislative issues having a significant impact on the Precision Machining Industry… to provide information to impact those issues”  is part of the PMPA Government Affairs Committee’s Mission.

PMPA Government Affairs Committee Member Brad Ohlemacher at the signing.

The Small Business Jobs and Credit Act of 2010 signed into law today by President Obama, includes the following provisions to help small manufacturers remain competitive:  It creates a $30 billion lending fund to provide community banks with capital to increase small business lending

  • Expands access to and lowers the costs for small business to access Small Business Administration (SBA) loans and increases loan limits
  • Spurs investors by giving 100% exclusion from capital gains taxes on small business investments
  • Reduces small business taxes by allowing them to carry back general business tax credits to offset their taxes from the previous five years
  • Doubles small business expensing for immediate write-offs of capital investments, such as equipment and machinery, in 2010 and 2011.
  • Extends bonus depreciation
  • Spurs investment and growth – giving small businesses more cash on hand to create jobs

Government affairs work takes time. Passion. Patience.

News Release

We’re glad to show that the hard work of our Government affairs committee has had a desired result: Legislation releasing money for small business loans to help us stay competitive, hire new employees, and restore American Manufacturing’s Competitiveness.

Thats just one thing that our trade association has done lately.

EMC Precision

PMPA Membership

Just like you, we are getting important work done. Shouldn’t you belong?

 Share

Advertisements

One Response to To Advance Member Companies- PMPA Government Affairs

  1. John sonnhalter says:

    Kudus to the PMPA for sticking up for the little guy

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s