PLUMBING MANUFACTURERS INTERNATIONAL

- FY25 Interior-Env appropriations bill - Urge lawmakers in the to appropriate the full authorized funding levels for water, wastewater, and stormwater programs in order for water utilities to have the resources to invest in water infrastructure and meet their federal regulatory obligations. - Urge lawmakers to support and maintain EPAs voluntary WaterSense program at level funding.

- Freedom to Invest in Tomorrows Workforce Act - H.R. 1477 /S. 722 - support expansion of the use of 529 tax-advantaged education savings account funds to pay for postsecondary credential and training program expenses, such as licenses and professional certifications. - Skills Investment Act of 2024 - S.3816 - increase access to skills training by expanding Coverdell Education Savings Accounts (ESAs) - tax advantaged savings accounts for educational expenses-so workers can use the accounts to pay for skills training, career-related learning, adult education, and professional development.

- Tax Relief for American Families and Workers Act of 2024 (H.R. 7024) - Support bill to restore and extend three essential tax priorities through 2025: immediate R&D expensing for domestic research, full expensing for capital investments, and restoring pro-growth interest deductibility standard. - American Innovation and Jobs Act (S.866) and American Innovation and R&D Competitiveness Act of 2023 (H.R. 2373)- Support bills to allow businesses to fully deduct R&D expenses annually. - Accelerate Long-term Investment Growth Now (ALIGN) Act - H.R. 2558 / S. 1166 - Support bill which would make permanent full and immediate investments in machinery and equipment. - Urge re-instating the EBITDA standard for business interest deductions. Prior to January 1, 2022, businesses' interest expense deductions were limited by section 163(j) to 30% of their earnings before interest, tax, depreciation, and amortization (EBITDA). Interest deductions are now limited to 30% of earnings before interest and tax (EBIT). By excluding depreciation and amortization, the stricter EBIT standard makes it more expensive for capital-intensive companies - Water Conservation Rebate Tax Parity Act (H.R. 8682) - Support bill which will exclude water conservation rebates from federal taxable income, and would establish that rebates provided by municipalities or water agencies to incentivize water conservation are not subject to federal income taxes.

Healthy H2O Act - H.R. 1721 / S. 806 - urged support for bill which offers federal grants for water quality testing and certified treatment technology in rural and underserved communities - Discussed importance of water efficiency and offering grants to entities (state, local, tribal governments, as well as water and energy utilities and nonprofits) for the purchase, installation, or use of efficient landscape, appliances, and fixtures, as well as grants and technical assistance to public water systems to conduct an annual audit and establish a water loss control program.

Section 301 Tariffs - urge elimination of tariffs on plumbing products.