Only a week after the 2019 PIA Federal Legislative Summit (FLS), Senator Steve Daines (R-MT), has introduced a PIA National priority, S. 1149, the "Main Street Tax Certainty Act of 2019," to make permanent the 20 percent tax deduction available to passthrough entities. S.1149 is the companion bill to H.R. 216, bipartisan House legislation introduced …
PIA 2019 Legislator of the Year, Rep. Billy Long
PIA National is pleased to name Representative Billy Long (R-MO) the 2019 Legislator of the Year for his long-standing effort to ensure the role of independent insurance agents in delivering healthcare to consumers. Representative Long represents the 7thCongressional District of Missouri in the U.S. House of Representatives. First elected to Congress in 2011, Rep. Long …
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FIO Repeal Bill, PIA Top Priority, Introduced
PIA National has led the insurance industry on the movement to repeal the Federal Insurance Office (FIO), and we’re pleased that Rep. Alex Mooney (R-WV) has reintroduced H.R. 1862, legislation to repeal the Federal Insurance Office (FIO). PIA National has worked closely with Rep. Mooney on developing this legislation. Building support for it will be …
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PIA National Continues to Lead on Passthrough Tax Deduction
PIA National is building on our major win from earlier this year that ensured independent insurance agents could qualify for the 20 percent deduction for passthroughs. PIA National aggressively advocated for this tax relief for passthrough entities after the tax reform law (P.L. 115-141) was passed in December 2017. We advocated for the language that …
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PIA National Succeeds in Keeping Agent Commission Cut Out of Draft NFIP Legislation
The National Association of Professional Insurance Agents (PIA National) is optimistic about four draft bills that were recently released by House Financial Services Committee Chairwoman Maxine Waters (D-CA). Each of the released bills pertains to one of four categories: mitigation, mapping, administrative reform, and a foundational bill that reauthorizes the program for five years, forgives …
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PIA Opposes Proposal to Allow Sale of Health Insurance Across State Lines
PIA National is strongly opposed to an action taken by the administration that seeks to allow the sale of health insurance across state lines. In October 2017, President Trump issued an executive order (EO #13813), directing federal agencies to consider ways to increase competition and consumer choice in health care. In accordance with this executive …
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PIA Opposes Proposed Budget Cuts to Crop Insurance
Today, President Trump released his FY 2020 budget proposal. In it, he proposes a 15% cut to the U.S. Department of Agriculture. Within that decrease in funding are steep cuts to the federal crop insurance program. The budget proposes to cut crop insurance by nearly $26 billion over the next 10 years. There are three …
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