Vending
AAMA advocates for small business issues in D.C.
June 28, 2024
Members of the American Amusement Machine Association recently traveled to Washington D.C. to lobby for its members and the small business community at large.
The AAMA advocacy team, along with industry representatives, met with congressional leaders and key committees, according to a press release.
The AAMA members met with staff from the offices of several legislators, including Senators Durbin (IL.) and Hagerty (TN), and Representatives Krishnamoorthi (IL-08), Ramirez (IL-04), and Neguse (CO-02).
Discussions centered on five key areas of concern for small businesses:
- Supporting the bipartisan Main Street Certainty Act (HR 4721/S 1706): This act aims to provide tax predictability for small businesses, allowing them to invest and grow.
- Making permanent tax cuts: The AAMA supports extending the benefits of the Tax Cut and Jobs Act (HR 976/S 1226) for individuals and small businesses.
- Delaying the Corporate Transparency Act (HR 5119/S 3635): While acknowledging the act's goals, the AAMA expressed concerns about its burden on small businesses and requested a delay for implementation.
- Promoting credit card competition (S1838): The AAMA believes increased competition in credit card processing can lead to lower swipe fees for businesses.
- Opposing changes to overtime exemptions: The AAMA voiced concerns about the Department of Labor's proposed changes to overtime regulations for managerial employees, arguing for a nuanced approach that considers regional economic factors.
Pete Gustafson, AAMA executive vice president, praised the advocacy team's efforts. "They effectively communicated the needs of our industry and the broader small business community," Gustafson said in the release. "Their message highlighted the impact that congressional decisions have on millions of small businesses across the country."
