On December 5, ARSA joined a coalition of 78 business organizations and companies on a letter to congressional leaders calling for extending 50 percent bonus depreciation through at least 2013.
“[Bonus depreciation] will provide some certainty to U.S. businesses to allow them to continue to make capital investments, which in turn will create more jobs and help ward off a possible recession in 2013,” the coalition stated. “Enactment of this provision is even more important given the other uncertainties that continue to linger with our U.S. tax code, while at the same time is one of the more cost effective measures that Congress can enact to spur economic growth.”
If lawmakers don’t act, bonus depreciation is set to expire at the end of the year. To urge your lawmakers to support 50 percent bonus depreciation extension visit www.ARSAaction.org.
December 16, 2024 | Categories:
ARSA News & Updates
The office of ARSA’s management firm will be closed from Dec. 24, 2024 to Jan. 2, 2025. Periodicals will not be distributed on these dates, but the association continues collecting…
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December 17, 2024 | Categories:
Act Now,
ARSA News & Updates,
ARSA Works,
Aviation Policy,
Drug and Alcohol,
EASA,
FAA,
Legislative,
Operations,
Press Releases,
Regulatory,
Rulemaking
On Dec. 18, the U.S. Federal Register published the FAA’s long-awaited final rule expanding drug and alcohol testing requirements to repair station personnel outside the United States.
The new rule…
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Congress’ May 2024 reauthorization of the FAA, requires the Department of Transportation’s Office of Inspector General (OIG) to audit the FAA’s Flight Standards and Aircraft Certification Services (see P.L. 118-63,…
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December 05, 2024 | Categories:
Featured Post
March 18-21, 2025
Event Information | Registration | Hotel
Arlington, Virginia and Washington, D.C. with Livestream Options for Online Participants
Experience the international aerospace maintenance community’s premier event. Join ARSA members…
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On Nov. 19, ARSA submitted a pair of draft advisory circulars for FAA consideration to replace its proposed update to AC 43-9, Maintenance Records.
The documents divide overlapping responsibilities previously…
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