On June 7-8, nearly 40 member company CFO’s and other senior accounting and tax professionals attended the AGC Financial Issues Committee (FIC) Summer Meeting in Washington, DC. Committee members heard a legislative update from Senator Steve Daines (R-Mont.), and discussed the recently passed tax reform legislation and how it impacts the construction industry and its priorities.
The group also heard a presentation on the new “Opportunity Zones,” created in the Tax Cuts and Jobs Act from Shay Hawkins, tax counsel to Senator Tim Scott; received an update on the implementation of new accounting standards; and heard from AGC Chief Economist Ken Simonson about the economic outlook for construction.
The FIC Winter 2019 Meeting will be held January 10-11 at the JW Marriott Turnberry Resort in Miami, Florida.  Meeting and hotel information will be circulated in the coming months.
For more information, contact Matt Turkstra at [email protected].