Washington Conference on Capitol Hill A special thanks to Richard Stephens, NADA Director for West Virginia, and Jack Stewart, Dealer of Country Club Chrysler, for attending the Washington Conference last month in D.C. Richard and Jack met with Senators Capito and Machin and Representatives Miller and Mooney to discuss NADA’s legislative priorities. Those priorities consist of the: • “Supply Chain Disruptions Relief Act” which would allow businesses on LIFO an extended time to replace vehicle inventory as pandemic-related global disruptions and reduced auto production have made it nearly impossible to replenish new vehicle supply. • Catalytic Converter Anti-Theft Legislation which would help to address the growing national problem of catalytic converter thefts. • Urging changes to the FTC’s new UDAP Rule that would impose a wide range of unwarranted and ill-advised new duties and restrictions on motor vehicle dealers. Each of these issues has bipartisan support and NADA is working diligently to protect the interests of new motor vehicle dealers. I will keep everyone updated as each of these legislative initiatives develop. Please do not hesitate to contact me if I can be of any assistance. I am honored to serve you. Please stay in touch. Issue 3, 2022 7 WVADA
RkJQdWJsaXNoZXIy ODQxMjUw