MRAA seeks Senate support for dealer amendment

Author:
Updated:
Original:

The Marine Retailers Association of America is asking its members to contact certain U.S. senators in support of the Brownback Boat Dealer Amendment.

Sen. Sam Brownback, R-Kansas, has filed two amendments, one exempting auto dealers only and one exempting auto, RV and boat dealers, from the Senate Bureau of Consumer Financial Protection Bill.

The bill's language is similar to the Consumer Financial Protection Act already passed by the House of Representatives. The consumer act contains exemption language for auto dealers only.

It is expected the Senate will debate and vote on its bill by Thursday night.

Brownback will offer the amendment that includes boat and RV dealers only if he hears from Democratic senators voicing their support for the bill.

The MRAA asks dealers to contact their senators in several key states by calling the general switchboard number of the U.S. Senate at (202) 224-3121, and ask to speak to your senator's staff person working on the Bureau of Consumer Financial Protection Bill.

Key Democratic contacts include the senators from Indiana, Arkansas, Maryland, Michigan, Delaware, Rhode Island, Virginia, Florida, Louisiana, Colorado, North Carolina, Wisconsin, Missouri, Connecticut and Nebraska.

"The boating industry is just seeing the beginning of an economic recovery with credit still near impossible to obtain for many consumers from many banks," the MRAA said in its release.

"[D]on't make it harder for consumer to buy a boat by significantly increasing the reporting requirements of boat dealers not involved in providing financing of boats," the MRAA added.

Anyone needing help contacting their Democratic senator should e-mail MRAA's Washington representative Larry Innis at LarryInnis@aol.com.

Related

MarineMax Posts Record Q2

Coming off its most profitable fourth quarter, first quarter and fiscal year, the company continued to roll with a 70 percent increase in revenue.

MMTA Lands State Grant

Massachusetts Marine Trades Association will use the $20,000 recovery grant to promote its “Stay Local Boat MA” program.

Hundreds Stream ABC

Topics of discussion during Day One of NMMA’s virtual American Boating Congress included policy updates, infrastructure, the global supply chain and more.

Next Stop, Key West

The Moorings adds the Conch Republic to its roster of charter bases.

IBEX to Host Supply Chain Webinar

The April 29 session will address logistical issues that continue to impact manufacturers amid strong customer demand.

Safety is no Accident

Sure, it’s a cliché, but it’s 100 percent accurate. With boats going in the water for a new season in many areas, dealers should wave the safety flag wide and high, especially for the newcomers.

Brunswick Recognized for Diversity

Forbes ranks Brunswick as one of the top employers for diversity for the second consecutive year.

ABYC names Content Director

Sarah Devlin will support ABYC’s events and communications, distributing content through various channels.

Ferretti Group Reports Strong Q1

The conglomerate saw revenues increase by 40 percent, with a record 56 yachts launched in the first quarter.