News

296 Days Until 3% Withholding Begins – Action Needed

AGC continues to urge Congress to repeal the 3 percent withholding requirement on federal, state and local government contracts. Starting January 1, 2012, public owners will begin withholding 3 percent of every payment to contractors. Legislation has been introduced in the House and Senate to repeal this mandate and grassroots contact from AGC members is important. To write your legislators and urge them to cosponsor the legislation, click here. Currently H.R. 674 has 30 cosponsors in the House and S.164 has 2 cosponsors in the Senate. For more information, contact Karen Lapsevic at lapsevick@agc.org.