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News Jan. 11, 2024

This Week in D.C.

Registration for Roofing Day in D.C. 2024 is open!

Join us April 16-17 in Washington, D.C., for the largest advocacy event dedicated solely to the roofing industry.

Each year, roofing professionals meet with members of Congress on Capitol Hill to discuss the critical issues facing their companies and the roofing industry. Our priority issues this year will focus on solutions to workforce shortages and pro-growth tax reform

Roofing Day in D.C. features expert speakers and panelists to inform and inspire attendees ahead of meetings with members of Congress and their staffs. As always, attendees will have ample opportunity to network and connect with fellow professionals, and we encourage you to bring key employees to the event. To view our draft itinerary, book your hotel and register, visit www.nrca.net/roofingday.

Support ROOFPAC at NRCA’s annual convention and the 2024 IRE

NRCA and National Women in Roofing will host “An Elegant Extravaganza on the Strip” Feb. 5 from 4:30-6:30 p.m. during NRCA’s 137th Annual Convention and the 2024 International Roofing Expo.® This cocktail reception and live auction will be held at the Eight Lounge located in Resorts World, where guests can bid on vacations, artwork and more. Register for this fun-filled event

NRCA also will open its popular silent auction Jan. 31 featuring luxury items such as trips, jewelry and electronics to benefit ROOFPAC. Stop by NRCA’s booth, No. 6130, during IRE to view select items, and don’t miss our complimentary bar to close out the auction Feb. 7 from 2-4 p.m. Bids will be placed electronically; attendance at the convention and trade show is not required. NRCA is grateful for many generous sponsors who help underwrite the costs of these events so all proceeds may directly benefit ROOFPAC.

Congressional leaders reach agreement regarding topline funding, but issues remain

Congressional leaders reached an agreement regarding a topline federal government funding level of $1.58 trillion for fiscal year 2024, consistent with the previously passed Fiscal Responsibility Act. Although this is a sizable breakthrough, there is still much disagreement regarding specific funding and policy riders within each appropriations bill as we near two funding expiration dates for a potential shutdown Jan. 19 and Feb. 2.

Department of Treasury issues final rule regarding beneficial ownership information reporting under the Corporate Transparency Act

On Dec. 21, the Department of the Treasury’s Financial Crimes Enforcement Network issued a final rule that establishes the access to and protection of beneficial ownership information required under the Corporate Transparency Act. The Corporate Transparency Act requires certain small businesses to report ownership information to the government to catch money laundering and other criminal activities that may use “shell corporations.” NRCA has supported legislation to delay implementation until further guidance is provided about how this information will be used and secured, as well as the need to address the lack of public awareness regarding complying with this law. Noncompliance carries stiff penalties, including potential jail time. View more information about compliance.


ROOFPAC is the federally registered political action committee of NRCA and contributions will be used for political purposes. Contributions to ROOFPAC are not tax-deductible, and the name, address, occupation and employer's name of individuals whose contributions exceed $200 during a calendar year will be reported to the Federal Election Commission. Contributions are voluntary, and you have the right to refuse to contribute without any reprisal.

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