The National Grocers Association (NGA), the trade association representing the independent supermarket industry, released a statement from NGA President and CEO Greg Ferrara on the U.S. Senate including a fix to the retail glitch—a drafting error in the Tax Cuts and Jobs Act (TCJA) of 2017 that harms retailers—in the Coronavirus Aid, Relief and Economic […]
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Passage Of USMCA Draws Reactions From Food Industry
On Jan. 16, the United States Senate voted 89-10 to pass the United States-Mexico-Canada Agreement (USMCA). The agreement will now go to the president, who is expected to sign it into law next week. FMI welcomes passage of trilateral trade agreement Food Marketing Institute (FMI) VP of Tax, Trade, Sustainability & Policy Development Andy […]
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Senate Passes Farm Bill, Omits House Bill’s SNAP Requirements
The Senate passed its version of the 2018 Farm Bill on June 28 with a bipartisan vote of 86-11. The $867 billion bill does not include the controversial work requirements for Supplemental Nutrition Assistance Program (SNAP) recipients that were included in the House version of the bill. It also restates a prohibition of interchange and […]