The National Lumber and Building Material Dealers Association (NLBMDA) said it continues to oppose tax hikes on LBM dealers in the fiscal year 2022 budget reconciliation bill.
In a letter sent to congressional leadership, the organization said new tax increases would negatively impact small businesses and the LBM industry overall. Additionally, the organization said tax increases would hurt the ability to create new jobs in the economy.
While no new legislation is imminent, the NLBMDA sent its letter to reiterate its opposition to tax increases and highlight other legislative priorities of the LBM industry to congressional leadership and other key Senators.
Other legislative priorities for the organization include: NLBMDA’s opposition to provisions from the Protecting the Right to Organize (PRO) Act, NLBMDA’s opposition to unreasonable increases in OSHA fines, NLBMDA’s opposition to expansion of the Family Medical Leave Act, NLBMDA’s support of workforce development initiatives, and NLBMDA’s support of prioritizing the Low-Income Housing Tax Credit and affordable housing.