NLBMDA UPDATE
Highlights from the 2021 Policy Agenda The National Lumber and Building Material Dealers Association (NLBMDA) has released its 2021 National Policy Agenda. The comprehensive advocacy agenda for the year outlines important policy positions for the lumber and building material industry that will boost the housing and construction industry and support continued job creation across the U.S. economy, the NLBMDA said. The document includes a letter to policy makers from NLBMDA Chair Robert Sanford, the president of Connecticut-based Sanford and Hawley. “NLBMDA applauds congressional action in recent years that has updated fiscal policies and improved the regulatory climate for businesses,” he wrote. “NLBMDA looks forward to continuing its work with Congress and the White House in 2021 to address regulatory red tape and pass common-sense policies that properly sustain the building supply industry and the Nation’s economy for the long-term.” The 2021 NLBMDA National Policy Agenda is divided into nine different policy areas. The 18-page agenda document (available at dealer.org) contains numerous principles and policies for each issue. Here are a few highlights:
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Housing & Construction NLBMDA will continue to work with policymakers to support responsible lending practices that promote and preserve the value of home ownership.
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Tax & Economic Policy NLBMDA supports the mortgage interest deduction and opposes efforts that would eliminate or substantially modify it.
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Legal Reform & Consumer Protection Surveys of NLBMDA members have found that more than one in four has been the subject of a lawsuit over a product they sold but did not manufacture, alter, or install. Under current law, sellers
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“NLBMDA looks forward to continuing its work with Congress and the White House in 2021 to address regulatory red tape and pass common-sense policies that properly sustain the building supply industry and the Nation’s economy for the long-term.” —Robert Sanford, NLBMDA Chairman
can be equally and wholly liable for damages regardless of any wrongdoing. According to the Small
FEBRUARY 2021 HARDWARE + BUILDING SUPPLY DEALER
The NLBMDA and HBSDealer will co-host the 2021 ProDealer Industry Summit May 19-21.
Business Administration, it can cost as much as $100,000 to defend against a predatory lawsuit, which often forces dealers to settle the suit regardless of the merits of the case
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Workforce Policy NLBMDA opposes any increase to the overtime pay eligibility threshold that does not factor into consideration regional variations in wages and cost of living, would decrease workplace flexibility, or make it more difficult to develop future managerial talent.
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Environment, Health & Safety Safety of our employees is of utmost importance, therefore NLBMDA will support workplace safety regulations that effectively
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