News

254 Days Until 3% Withholding Begins - Action Needed

AGC continues to urge Congress to repeal the 3 percent withholding mandate on federal, state, and local government contracts. Starting January 1, 2012, public owners will begin withholding 3 percent of every payment to contractors for goods and services, including construction. Stand-alone legislation has been introduced in the House and Senate to repeal this mandate. Grassroots contact from AGC members is very important. To write your legislators and urge them to cosponsor the legislation, click here. Currently H.R. 674 has 75 cosponsors in the House and two Senate bills, S. 89 and S.164, have 13 cosponsors. To see if your Senators and Representative are or have been a cosponsor of legislation to repeal the 3 percent withholding mandate, click here. For more information, contact Karen Lapsevic at lapsevick@agc.org.