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Legislative Issues

AAF Government Report | October 2017

Michael Johnson Day on the Hill March 2017

House Ways and Means Committee Chairman Kevin Brady, R-Texas, plans to release comprehensive tax reform legislation on Wednesday, November 1. According to the previously released United Framework for Fixing Our Broken Tax Code, the corporate tax rate will be lowered to 20% and many special exclusions and deductions will be repealed or restricted. The Chairman has not said which deductions would be limited, or more specifically, whether the advertising deduction will be targeted. Read More

AAF National Legislative Alert Urgent – Advertising Deductibility


Time is getting short. The time for you to act is now! Congressional tax writers are discussing the specifics of the tax reform bill “ including a possible tax on advertising” this week.  If your Representative is a member of the House Ways and Means Committee, or one of your Senators is on the Finance Committee, I implore you to contact them now and urge them to oppose any effort to change the tax status of advertising.  Read More

Urgent AAF Alert – Advertising Deductibility

AAF Omaha New logo 2015

As you may or may not already be aware, there is an effort underway by Congressional Leadership to enact tax reform. Removing the tax deductibility of advertising expenses is one of the measures currently being considered.  Read More

Legislative Committee Update – October 2017

Nicole Schmoll Board Photo 2017

Clark Rector, Jr., Executive Vice President of Government Affairs for AAF, noted in his Government Report dated September 27 that the Unified Framework for Fixing our Broken Tax Code presents a threat to the advertising industry. The plan itself would reduce the corporate tax rate to 20%. Read More

AAF Government Report | September 2017


Senior Congressional and Administration officials have released their Unified Framework for Fixing our Broken Tax Code. The so-called “Big 6″(Treasury Secretary Steven Mnuchin, National Economic Council Director Gary Cohn, House Speaker Paul Ryan, House Ways and Means Chairman Kevin Brady, Senate Majority Leader Mitch McConnell and Senate Finance Chairman Orrin Hatch) have been negotiating the details of the plan for weeks. Read More

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