Bipartisan LAKES Act Introduced In The House

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FEATURED INDUSTRY NEWS Bipartisan LAKES Act Introduced In The House Representatives Bruce Westerman (R-AR-04), Steve Womack (R-AR-03), and Jared Huffman (D-CA-02), recently introduced the Lake Access Keeping Economies Strong (LAKES) Act (H.R. 6906). This bipartisan, bicameral bill – companion to legislation introduced in 2023 by Senators Kevin Cramer (R-ND) and Martin Heinrich (D-NV) – addresses several priority areas for the recreational boating and fishing industry. The legislation would improve outdoor recreation facilities in U.S. Army Corps of Engineers (USACE)-managed areas, provide new opportunities for public-private investments, and give local districts more flexibility to reinvest their resources. USACE is one of the largest federal outdoor recreation providers in the nation – second in visitation to the National Park Service (NPS) and the leading provider of water based outdoor recreation activities in the U.S. Read More LEADING ECONOMIC AND POLICY NEWS Commerce Dept. Giving Microchip Technology $162M To Boost Domestic Production The AP says the Administration is “providing $162 million to Microchip Technology to support the domestic production of computer chips – the second funding announcement tied to a 2022 law designed to revive U.S. semiconductor manufacturing.” According to the AP, “The incentives include $90 million to improve a plant in Colorado Springs, Colorado, and $72 million to expand a factory in Gresham, Oregon, the Commerce Department said.” The AP says “the investments would enable Microchip Technology to triple its domestic production and reduce its dependence on foreign factories.” Congressional Republicans Scrutinize Energy Department’s Clean-Energy Loan Fund Bloomberg reports Republicans in Congress are “putting President Joe Biden’s $400 billion green bank in their crosshairs.” According to the Bloomberg, “The probe of the Energy Department’s green lending arm threatens to slow the rollout of new clean energy technology that can replace fossil fuels, a key piece of Biden’s climate agenda.” Congress Hopes To Revive Expired R&D Tax Breaks Before Filing Season Ends Bloomberg reports, “Businesses eager to see Congress revive expired research and investment tax breaks have reason for optimism that a deal could come together as soon as this month.” Even as the , Republicans and Democrats “are expressing hope that they can come together on a $100 billion tax deal in time for businesses to make use of the breaks for the 2023 tax filing season.” SpaceX Sues NLRB Over Complaint, Alleges Agency’s Structure Unconstitutional Bloomberg reports SpaceX sued the NLRB on Thursday, “arguing that a complaint against the Elon Musk-led company for firing employees should be put on hold because the agency’s structure is unconstitutional.” The response “comes after National Labor Relations Board prosecutors filed a formal complaint against SpaceX, accusing the space transportation company of illegally firing eight employees over an internal letter that sharply criticized Musk.”         Reuters reports the NLRB is alleging SpaceX “violated federal labor law by firing eight workers in 2022 for signing onto the letter, which accused Musk of making sexist comments that went against company policies.” That case is set to be heard by an administrative judge as well as a five-member board. SpaceX “claims that because federal law only allows board members and administrative judges to be removed for cause, and not at will, the NLRB’s structure is unconstitutional.” Politico and the Wall Street Journal provide similar coverage. Previous Top Stories  • 2024 Discover Boating Boat Shows Kick Off Next Week In Atlanta, Boston And Chicago  • Johnson Ties “Hard-Line” Immigration Changes To Ukraine Funding During Trip To Southern Border, Dimming Hopes For Bipartisan Deal

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