News

247 Days Until 3 Percent 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. The House bill, H.R. 674, currently yhas 75 cosponsors 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.