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NLBMDA Hails Year-End Legislation Passed By Congress

Posted By Administration, Monday, December 21, 2015
Updated: Tuesday, January 05, 2016
[Washington DC - 12/21/2015] - The National Lumber and Building Material Dealers Association (NLBMDA) welcomes action completed Friday by Congress and President Obama that will benefit lumber dealers. The legislation (H.R. 2029) had strong bipartisan support and includes the permanent extension of the Section 179 deduction, multi-year extensions of tax incentives for energy efficient improvements and bonus depreciation, suspension of the Health Insurance Tax (HIT), and continued relief from commercial trucking rules. Read More.

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