According to a new report from the Associated Press (AP) a referendum campaign in Maine similar to the 2020 Massachusetts Right to Repair law has cleared a major hurdle.
AP reports that the “Automotive Right to Repair” proposal in Maine received 7,000 more signatures than needed. The proposal now moves to the state legislature for consideration.
To read the AP report, click here.
The bill aims to reinstate tax incentives for R&D and small business investments, along with other measures.
The U.S. House of Representatives passed H.R. 7024, the Tax Relief for American Families and Workers Act of 2024, with bipartisan support. The bill, now with the Senate's Finance Committee, aims to reinstate tax incentives for research and development (R&D) and small business investments, along with other measures, according to SEMA.
Representatives from MANN+HUMMEL’s North American aftermarket brands recently visited Capitol Hill to express their support for H.R. 906.
This measure contains the restoration of one year deductibility of research and development expenses, a key legislative priority for the association.
The Tax Relief for American Families and Workers Act of 2024 benefits specialty automotive aftermarket businesses, according to SEMA.
The Automotive Service Association says the legislation is beneficial for independent automotive repair businesses.
Eighty-four percent of independent repair shops made that claim, surpassing other timely considerations, like technician recruitment and retention and inflation.
Musselman says passing right to repair legislation is vital – for consumer choice, for independent businesses, for American jobs and for healthy market competition.
The agencies asserted that renewing and expanding repair-related exemptions would promote competition in markets for replacement parts, repair and maintenance services.
MEMA opposes the Maine legislature advancing a law that would undo major parts of the right-to-repair referendum.
