Former Speaker Newt Gingrich reached the podium to a standing ovation. He assessed his audience for a moment. “This is a very intense, serious looking group,” he said.

The National Lumber and Building Material Dealers Association (NLBMDA) praised the actions of the United States Senate for passing the crucial 1099 Repeal Legislation. The Senate passed H.R.4, the Comprehensive 1099 Taxpayer Protection and Repayment of Exchange Subsidy Overpayments Act without changing anything in the House-passed bill. 

The bill now goes to the desk of President Obama.

The National Lumber and Building Material Dealers Association (NLBMDA) recently released its national legislative and regulatory policy agenda.


In it, NLBMDA calls on Congress to encourage financial institutions to renew lending activity that will spur new-home construction, while also encouraging the need to review federal rules and regulations that stifle job creation.