You’ll be able to meet directly with your congressional representatives and share with them the challenges you and your business are facing, and what you’d like to see Congress do to help.  
 
This is your opportunity to be heard by your elected officials and help make a positive difference for you and your industry. 

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The AAMA serves as the legislative voice of the coin-operated amusement industry in dealing with a variety of government issues which directly affect the industry. The committee works closely with John Russell and Margeaux Plaisted, of Dentons GlobalAdvisors, to monitor these issues as we track events occurring on Capitol Hill.

Our next scheduled Washington DC Fly-In is set for Wednesday and Thursday, June 12 and 13.
 
The purpose of the Fly-In will be to meet with members of Congress to share the many challenges our small business owners are facing, and ways they can help us overcome these obstacles.
Talking points will include:
1.      Make the Small Business Deduction Permanent.
We will encourage Congress to pass the Main Street Tax Certainty Act, making the Small Business Deduction permanent. Failure to do so will result in increased taxes for over 30 million small business owners. H. R. 4721 – S. 1706
 
Further, we support the Tax Cut and Jobs Act to make permanent reductions in individual and capital gains tax rates. The bill increases the standard tax deduction for individual taxpayers. It also increases and modifies the child tax credit and raises the contribution base for the tax deduction for charitable contributions. H.R. 976
 
2.      Increase competition to reduce credit card swipe fees. 
Small business owners are forced to pay swipe fees as high as 3 to 4 % per transaction.  Given the lack of competition in the marketplace, the mega-banks who set these fees have no incentive to reduce them. We will voice our support for the Credit Card Competition Act to create competition within the credit card network marketplace.  The CCC Act will stimulate innovation and allow other service providers the opportunity to offer solutions that improve efficiencies while driving down costs.   S. 1838
 
3.      We encourage members of Congress to consider the impact on small businesses before implementing new regulations.  
Small business owners are ill-equipped to deal with matters of compliance, often having to handle these cumbersome and complicated issues themselves. 
In this atmosphere of inflation and rising costs, we oppose the Department of Labor’s April 23, 2024 rule change of the overtime exemption threshold for managerial workers. 
We support delaying the filing deadlines of the Corporate Transparency Act by passing S. 3635, (the Protect Small Business and Prevent Illicit Financial Activity Act). The House adopted companion legislation, (H.R. 5119) in a 420 – 1 bipartisan vote on December 12, 2023. 
 
The CTA began as an attempt to combat illicit financial activity but has morphed into a
bureaucratic nightmare targeted squarely at America’s smallest businesses. It subjects covered entities and their “beneficial owners” to vague and complex reporting requirements while putting their sensitive personal information at risk. Failure to comply with the new statute – even in cases amounting to nothing more than a paperwork violation – can result in stiff fines and criminal penalties.

Contact Pete at pete@coin-op.org if you’re interested in more information or register below.
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