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News April 27, 2023

This Week in D.C.

Roofing Day in D.C. 2023 was a huge success!

Roofing Day in D.C. 2023 was held April 18-19 with more than 220 attendees representing 33 states and the District of Columbia. Participants took to Capitol Hill to discuss workforce challenges, pro-business tax policy and funding for the Department of Energy’s Building Technologies Office.

“As the roofing industry faces ongoing challenges, it is more important than ever for industry professionals to interact with lawmakers face-to-face to share information and concerns, and that’s exactly what happened here,” says McKay Daniels, NRCA’s CEO. “In one day, roofing professionals attended more than 170 meetings with congressional leaders and their staff. Thank you to all who attended this significant event.”

Couldn’t make it this year? Please save the date for Roofing Day in D.C. 2024, which will be held April 16-17 at the Grand Hyatt Washington.

House passes the Limit, Save, Grow Act of 2023 to address the debt limit

On April 26, under the leadership of Jodey Arrington (R-Texas), chairman of the House Budget Committee, along with 10 other committee chairmen, the House passed H.R. 2811—the Limit, Save, Grow Act. This legislation is a starting point as Congress and the Biden administration seek to avoid a potential default on the U.S.’ debt. The bill suspends the debt ceiling either through March 31, 2024, or if there is a $1.5 trillion increase from the current $31.4 trillion ceiling—whichever comes first. The Congressional Budget Office finds the bill would save $4.8 trillion through fiscal year 2033, with about $4.3 trillion of policy savings and $545 billion of interest savings.

Main provisions of this bill would return total discretionary spending to the fiscal year 2022 level in fiscal year 2024 and cap annual growth at 1% for a decade thereafter; rescind unspent COVID-19 relief funds; repeal much of the Inflation Reduction Act’s energy and climate tax credit expansions; claw back increased IRS funding; make changes to energy, regulatory and permitting policies; impose or expand work requirements in several federal safety net programs; and prevent implementation of President Biden’s student debt cancellation.

NRCA comments on FTC’s proposed rule regarding use of noncompete agreements

On April 14, NRCA submitted comments regarding the Federal Trade Commission’s proposed rulemaking to prohibit the use of noncompete agreements by employers across all industries. The agency argues such agreements constitute an unfair method of competition and therefore violate the Federal Trade Commission Act. NRCA’s comments on the proposal reflect the view of members that, though there are diverse views regarding the use of noncompete agreements within the roofing industry, they are a legitimate tool many members use to protect proprietary information and investments and should remain available to employers within certain guidelines to protect legitimate business interests. NRCA’s comments also note the FTC’s proposed rulemaking rests on questionable legal authority and likely would preempt laws in 47 states that have their own rules governing the use of such agreements. NRCA urges the agency to withdraw the proposal and work with Congress to address concerns with respect to unfair competitive practices.

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