In The News
Grandville/Wyoming Manufacturer Echos Call For U.S. Senate To Act On House-passed Jobs Bill
Washington,
August 26, 2014
Yesterday, Congressman Huizenga visited Industrial Innovations' manufacturing facility in Grandville to discuss federal workforce training programs and reforming the tax code to provide certainty for Michigan manufacturers. The very tax provision mentioned by Industrial Innovations owner Troy Turnbull is one of the 43 House-passed jobs bills currently stuck in the Senate. H.R. 4457 would permanently allow manufacturers, like Industrial Innovations, to immediately deduct the cost of purchasing new equipment so they can invest, expand, and hire more employees.
This is just one example of how the House-passed jobs plan would improve Michigan's economy for job creators as well as job seekers. A complete list of House-passed jobs bills collecting dust in the Senate can be found at http://www.speaker.gov/jobs Below are excerpts from coverage of the tour from the Grand Rapids Press. U.S. Rep. Bill Huizenga gets pitch on tax breaks during visit to Grandville shop floor Grand Rapids Press/MLive - August 25, 2014 at 3:49 PM GRANDVILLE, MI – Troy Turnbull played “show and tell” on Monday, Aug. 25, when he brought U.S. Rep. Bill Huizenga into his back shop at Industrial Innovations, the company he owns and manages at 2936 Dormax St. SW. Turnbull, who recently expanded into the building after acquiring a Grand Haven rival, wanted to show Huizenga the type of investment he has made to bring his shop up to world-class standards. ... Industrialists like Turnbull are applauding the recent reauthorization of the Workforce Innovation and Investment Act, a job training bill that has been one of the few new laws to emerge from both houses of Congress this year. Huizenga voted for the bill on a 416-5 vote ... President Barack Obama signed the bill on July 22. Turnbull’s group also is pushing for a reauthorization of a Bush-era law that allows companies to deduct up to $500,000 in new equipment purchases from their income tax. ... Rep. Huizenga's office notes the extension of the bill allowing for increased deductions for new equipment purchases also passed in the House on a 272-144 vote, with the support of Huizenga and Amash. That bill is now before the Senate.
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