On Friday, December 20th, President Trump signed into law two spending packages totaling $1.4 trillion, averting a government shutdown. The bills included all 12 annual appropriations bills for fiscal year 2020, which include full funding for NATaT’s priority programs.
The spending packages signed into law also included two major legislative victories for NATaT:
- Repeal of the “Cadillac Tax,” which would have imposed a 40% excise tax on certain employer-provided healthcare plans.
- Passage of the Volunteer Responder Incentive Protection Act, which will amend the Internal Revenue Code of 1986 to exclude property tax benefits and up to $600 per year in other benefits provided to volunteer firefighters and EMS personnel from employment taxes and wage withholding. NATaT worked to get these benefits into law from 2007 to 2010. We have been working since they expired December 31, 2010, to reinstate these benefits. Success!