Skip to main content

MRAA urges continued funding for Wallop-Breaux

The Marine Retailers Association of the Americas is asking members to let the House of Representatives know they support funding The American Energy and Infrastructure Act, which includes funding for the Sport Fish Restoration and Boating Safety Fund.

The bill is expected to come up for a floor vote Thursday, the MRAA’s Larry Innis said in a dealer alert to members.

The Highway Trust Fund was created in the 1950s to construct the interstate highway system. In the 1970s the Sport Fish Restoration and Boating Safety Trust Fund, which is used to pay for fresh- and saltwater fish hatcheries, boating safety and law enforcement, construction of boat ramps and more, became a sub-fund of the Highway Trust Fund.

This bill authorizes these funds, along with the Harbor Maintenance Trust Fund (used to pay for dredging of navigational channels and ports), under the title of The American Energy and Infrastructure Jobs Act.

Although the revenue to pay for these projects comes from the federal excise tax on gasoline purchased for cars, trucks and boats, the $6.93 billion fund has been frozen by the administration to reduce the size of the budget deficit.

Click here to find and contact your representative.

Related

1_CONTENDER

Contender Boats Announces New Factory

The fishboat builder said the 100,000-square-foot facility in Fort Pierce, Fla., will concentrate on its smaller models.

1_IBEX.PRESESSION

Soundings Trade Only Announces IBEX Presessions

The Sept. 26 events in Tampa, Fla., include a Women in the Industry Summit, a leadership panel and the Most Innovative Marine Company Awards.

_MG_0177

U.S. Adds 528,000 Jobs in July

The Department of Labor said the manufacturing and leisure-and-hospitality segments contributed to the gains.

1_ONEWATER.EARNSQ3

OneWater Reports Higher Profit, Raises Guidance

The company said revenue, net income, same-store sales and profit margin all improved in its fiscal third quarter.

1_MASS.WORKFORCE

Mass. Approves Marine Workforce Funding

The Massachusetts Marine Trades Association said the state budget includes $150,000 for training and technical education.

1_STERLING.35

Sterling Acceptance Marks 35 Years

Founded in 1987, the oldest privately owned marine loan origination company is expanding in the Great Lakes and in RV financing.

1_YAMAHAOCEARCH

OCEARCH Names Official Outboard Brand

Yamaha will supply the ocean conservation and research organization with F300, F150 and F60 engines.

1_KADEYKROGEN

Krogen, Summit Hire Sales Manager

Jonathan Cooper will run the brands’ new offices in Seattle and develop a sales team for the West Coast market.