COLUMBUS, Ohio — Heating, Air-conditioning & Refrigeration Distributors International (HARDI) applauds today’s introduction of the Tax Cuts and Jobs Act to the House of Representatives. Regarding specific portions of this tax reform bill, HARDI supports the inclusion of the provisions from the HVAC Expensing and Technology (HEAT) Act, repeal of the estate tax, and preservation of the Last In-First Out (LIFO) accounting method.
“We are glad to see that this bill is in line with the White House framework from just over a month ago,” said Talbot Gee, CEO, HARDI. “There are still many details to work out and gain clarity from, but we look forward to working with the House and Senate to make sure this opportunity for reform and growth is maximized.”
For more information, visit www.hardinet.org.
Publication date: 11/02/17