News

296 Days Until 3% Withholding Begins – Action Needed

ºÚÁϲ»´òìÈ continues to urge Congress to repeal the 3 percent withholding requirement on federal, state and local government contracts. Starting January 1, 2012, public owners will begin withholding 3 percent of every payment to contractors. Legislation has been introduced in the House and Senate to repeal this mandate and grassroots contact from ºÚÁϲ»´òìÈ members is important. To write your legislators and urge them to cosponsor the legislation, click. Currently H.R. 674 has 30 cosponsors in the House and S.164 has 2 cosponsors in the Senate. For more information, contact Karen Lapsevic at lapsevick@agc.org.