Last week, AFSA, along with other associations, signed a letter supporting the reconciliation bill in the U.S. House. This legislation builds on the 2017 Tax Cuts and Jobs Act by extending and strengthening key provisions that fuel the Main Street business community.
The bill enhances and solidifies three cornerstone provisions for pass-through businesses: the lower individual tax rates, the Section 199A pass-through deduction, and the higher estate tax exemptions. These measures provide long-term certainty, helping small and family-owned businesses reinvest, grow, and plan across generations without facing punishing tax burdens. The bill also restores immediate expensing for R&D, 100% bonus depreciation, and a higher cap on interest deductions—making it easier for businesses to invest in innovation and expansion.
AFSA and the other signing associations applaud the House for crafting a pro-growth tax package that adheres to fiscal responsibility. This legislation proves it is possible to support job creators and uphold budget discipline—a clear win for Main Street businesses and the broader U.S. economy.
AFSA Supports Reconciliation
May 30, 2025
Last week, AFSA, along with other associations, signed a letter supporting the reconciliation bill in the U.S. House. This legislation builds on the 2017 Tax Cuts and Jobs Act by extending and strengthening key provisions that fuel … Read the rest
AFSA Continues to Oppose Rate Caps
May 30, 2025
Last week, AFSA, along with other associations, signed a letter to U.S. Senate leadership opposing Amendment 2239 to S. 1582, which proposes an all-in annual percentage rate (APR) cap of 10% for credit cards. While this amendment claims … Read the rest
AFSA Webinar | Using Effective Digital Engagement to Cut Call Volume, Increase Self-Service & Get Paid Faster
May 27, 2025
Join us Thursday, June 5th at 2:00 p.m. EST
Auto finance portals are failing to meet customer expectations— according to a recent study, only 2% of industry websites and mobile apps provide a truly valuable digital experience. When portals
AFSA Expresses Concerns with Oregon’s Medical Debt Bill
May 27, 2025
AFSA’s State Government Affairs team submitted a comment letter to the Oregon House Committee on Behavioral Health and Health Care regarding SB 605, a bill that would significantly amend Oregon’s existing medical debt collection statutes.… Read the rest
Improved Q1 Business Conditions
May 23, 2025
AFSA Member Companies’ assessment of the current and prospective business environment remained positive on balance in the first quarter of 2025 according to the results of AFSA’s Q1 Consumer Credit Conditions Index Survey (C3 Survey). … Read the rest
Industry Expertise | The Future of Dealer Commercial Lending: Transforming Challenges into Growth
May 19, 2025
“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan … Read the rest
Industry Expertise | Build vs. Buy: Making the Right Customer Portal Decision
May 19, 2025
“Industry Expertise” is sponsored content produced by AFSA’s Business Partners’ to provide thought leadership and best practices for AFSA member companies. For more information about this sponsored content opportunity, contact Dan … Read the rest
AFSA Concerns on ELT
May 16, 2025
AFSA’s State Government Affairs team submitted a comment letter to Service Oklahoma regarding the upcoming implementation of the state’s mandatory electronic lien and title (ELT) program, scheduled to begin July 1, 2025. AFSA and the … Read the rest
AFSA Testified on DIDMCA in RI
May 16, 2025
On April 24th AFSA Senior Vice President Danielle Arlowe testified in person before a Rhode Island committee hearing in opposition to H 6055. This bill would opt-out the state from the Depository Institutions Deregulation and Monetary… Read the rest
A Busy Week in Deregulation
May 16, 2025
This week, AFSA responded to the Office of Management and Budget (OMB) Request for Information on Deregulation. This request invited the public to identify regulations that should be rescinded along with justifications for doing so. … Read the rest