Dear Speaker Ryan, Democratic Leader Pelosi, Majority Leader McConnell, Democratic Leader Schumer, Chairman Brady, Ranking Member Neal, Chairman Hatch and Ranking Member Wyden:
The following organizations, representing diverse business, energy, transportation, real estate and agriculture sectors, are writing to you regarding the pressing need to address the expired tax provisions (“tax extenders”). We respectfully ask that at a minimum, the House and Senate retroactively extend these provisions through the end of 2019 before the 115th Congress adjourns sine die.
The tax extenders have remained lapsed since the end of 2017. This has created confusion for the numerous industry sectors that utilize these tax incentives and support thousands of jobs in the U.S. economy. The continued uncertainty with regard to eventual congressional action on tax extenders is undermining the effectiveness of these incentives and stands as a needless barrier to additional job creation and economic growth in the private sector.
Providing taxpayers with a predictable planning outlook as it pertains to tax rules is conducive to increased private sector investment and economic activity. Accordingly, we respectfully ask that before Congress adjourns sine die, you act to retroactively extend these expired tax provisions, at a minimum, through 2019.
We sincerely appreciate your attention to this matter, and stand ready to work with you to achieve this important objective.
Sincerely,
Alliance for Industrial Efficiency
American Council of Engineering Companies
American Farm Bureau Federation
American Horse Council
American Public Gas Association
American Public Transportation Association
American Short Line and Regional Railroad Association (ASLRRA)
American Society of Cost Segregation Professionals (ASCSP)
American Soybean Association
American Veterinary Medical Association
Asphalt Roofing Manufacturers Association Association of American Railroads
Biomass Power Association
Biotechnology Innovation Organization
Business Council for Sustainable Energy (BCSE)
CCIM Institute
Citizens for Responsible Energy Solutions (CRES)
Energy Recovery Council
Environmental and Energy Study Institute
Fuel Cell and Hydrogen Energy Association
Growth Energy
National Association of Energy Service Companies (NAESCO)
NATIONAL ASSOCIATION OF REALTORS®
National Association of State Energy Officials (NASEO)
National Council of Farmer Cooperatives
National Employment Opportunity Network
National Hydropower Association (NHA)
National Lumber & Building Material Dealers Association
National Railroad Construction and Maintenance Association (NRC)
National Renderers Association
National Thoroughbred Racing Association
NATSO, Representing America’s Travel Plazas and Truckstops
Renewable Fuels Association
Sheet Metal & Air Conditioning Contractors’ National Association (SMACNA)
SIGMA, Representing America’s Leading Fuel Marketers South West Transit Association (SWTA)
Spray Polyurethane Foam Alliance (SPFA)
The Electric Drive Transportation Association
The Independent Fuel Terminal Operators Association
The National Propane Gas Association (NPGA)
Tile Roofing Institute