Nov 21, 2011 | Legislative
This morning, President Obama, signed into law the Three Percent Withholding Repeal and Job Creation Act. The law permanently repeals the requirement that federal, state, and large local governments begin withholding three percent of each payment of $10,000 or more...
Nov 11, 2011 | Legislative
Yesterday, the U.S. Senate voted 95-0 to pass H.R. 674, legislation to repeal a requirement for governments of all levels to withhold three percent of nearly all payments for goods and services, including construction contracts, beginning January 1, 2013. The...
May 10, 2011 | Legislative
As you are aware, a federal tax provision has been in process to take effect January 1, 2012, requiring governments at all levels to withhold 3 percent of contract payments for goods and services, including construction. The Internal Revenue Service (IRS) issued...
Apr 29, 2011 | Legislative
Clean Water Programs See Federal Cuts There has been final action on the federal FY 2011 Clean Water Appropriations bill and the infrastructure programs saw cuts in funding. According to the final bill, the Clean Water SRF will be $1.5 billion and the Drinking Water...
