ELFA - Equipment Leasing and Finance Association Inc.

09/16/2024 | Press release | Distributed by Public on 09/16/2024 11:08

ELFA Advocacy in Action

In early September, ELFA members hosted a visit in the Dallas area with Rep. Beth Van Duyne (R-TX-24), a member of the House Ways & Means Committee serving on the Subcommittees on Oversight and Tax Policy. It was a productive meeting where members discussed key tax provisions set to expire next year and highlighted the critical need to address interest limitation deductibility and bonus depreciation. These provisions are crucial for helping businesses manage cash flow and drive equipment investments through leasing and financing, which not only supports business growth but also strengthens the U.S. economy. Special thanks to Kirk Phillips of Wintrust Commercial Finance for hosting the meeting, Jill McKean-Bilby of Huntington Equipment Finance for coordinating the event, and all the members who participated.