On behalf of the 500 members of the National Stone, Sand & Gravel Association (NSSGA), I write to you with our priorities regarding the upcoming expiration of the Tax Cuts and Jobs Act of 2017 (TCJA). NSSGA appreciates the committee's work creating tax teams to study key tax provisions and identify legislation solutions to help families, workers and small businesses. A tax code that encourages investments in infrastructure development and allows families and businesses who operate quarries to create and support high-paying jobs is critical to a growing and sustainable economy.

On behalf of the 450 members of the National Stone, Sand & Gravel Association (NSSGA), I write to express our strong support for The Tax Relief for American Families and Workers Act of 2024 and urge the Senate to pass it expeditiously. Specifically, we are encouraged to see the legislation restores immediate expensing of domestic research and development expenditures, extends 100 percent bonus depreciation, and extends enhanced interest deductibility.

The undersigned organizations, representing millions of small businesses, strongly support legislation to repeal the Corporate Transparency Act (CTA). Your bill, appropriately entitled the Repealing Big Brother Overreach Act, would put an end to this poorly constructed and onerous reporting regime. The CTA was designed to help law enforcement prevent money laundering by requiring shell companies to report information regarding their beneficial owners (BOI) to the Department of the Treasury.

We, the undersigned organizations, representing hundreds of thousands of businesses who collectively employ tens of millions of Americans in all sectors of the U.S. economy, urge Congress to immediately enact the pro-growth Tax Relief for American Families and Workers Act. Tax policy plays a critical role in the ability of American businesses to thrive, create jobs in the U.S., and effectively compete in today’s global economy.

On behalf of the 450 members of the National Stone, Sand & Gravel Association (NSSGA), I write to express our strong support for The Tax Relief for American Families and Workers Act of 2024 and urge Congress to pass it expeditiously. Specifically, we are encouraged to see the legislation restores immediate expensing of domestic research and development expenditures, extends 100 percent bonus depreciation, and extends enhanced interest deductibility.

The undersigned business groups strongly support the introduction of your Main Street Tax Certainty Act of 2023, legislation to make permanent the 20-percent deduction for small- and individually-owned businesses (Section 199A). Your legislation would provide certainty to the millions of S corporations, partnerships and sole proprietorships that rely on the Section 199A deduction to remain competitive both here and overseas. Individually- and family-owned businesses organized as pass-throughs are the backbone of the American economy.

The 32 undersigned organizations oppose the following bills being considered at the U.S. Senate Health, Education, Labor, and Pensions Committee markup on June 21, 2023: the Richard L. Trumka Protecting the Right to Organize (“PRO”) Act (S. 567), the Healthy Families Act (S. 1664), and the Paycheck Fairness Act (S. 728).

The undersigned business groups strongly support the introduction of your Main Street Tax Certainty Act of 2023, legislation to make permanent the 20-percent deduction for small- and individually-owned businesses (Section 199A). Your legislation would provide certainty to the millions of S corporations, partnerships and sole proprietorships that rely on the Section 199A deduction to remain competitive both here and overseas. Individually- and family-owned businesses organized as pass-throughs are the backbone of the American economy.

The undersigned organizations support your bill, the Death Tax Repeal Act of 2023. We appreciate your work to lead the country towards a commonsense tax code that does not impose a destructive double or triple tax at death. We support full and permanent repeal of the federal estate tax for the following reasons: Repealing the death tax would spur job creation and grow the economy. Many studies have quantified the potential job growth that would result from estate tax repeal. Last year the Tax Foundation found that the US could create over 150,000 jobs by repealing the estate tax.

The budget released today continues the Biden administration’s attack on individually- and family-owned businesses and should be strongly opposed by Congress. The more than $4 trillion in tax hikes it proposes target businesses responsible for most of the jobs and growth in this country and come at a time when federal tax collections are at record levels. The President claims his budget will only go after “super-wealthy” tax cheats, but it targets over one million small and family-owned businesses.