Pay-When-Paid Sales Tax Law 2015

Posted by & filed under Legislative.

Purpose: This Informational Publication describes how materialmen may remit sales and use taxes on certain sales of building materials and services to real property as and when actually paid by the purchasers to whom the materialmen have extended credit, instead of remitting the full amount of tax at the time of the transaction as generally required by law.  … Read more »

LDAC Legislative Update March 2015

Posted by & filed under Legislative.

After nearly six weeks of activity and multiple snowstorms, the pace at the Capitol is set to increase. Until now, most of the bills are merely “proposed” bills, which are concepts and not fully drafted. Committees are now starting to fully draft several of those, and more importantly, Governor Malloy will submit his budget proposal… Read more »

NRLA/LDAC Lowe’s 2×4 Case about Undersized Lumber

Posted by & filed under Legislative.

Lowe’s entered into a settlement in Northern California agreed to pay a $1.6 million due to a lawsuit alleging the inaccurate description of dimensional building products. Since the settlement was announced there has been questions concerning what our members need to do to make sure they are not sued for the same issue.   NRLA… Read more »

LDAC New Training and Development Program

Posted by & filed under Membership.

The Lumber Dealers Association of Connecticut (LDAC) is in the early stages of developing a program with the idea of introducing new people to the Lumber Building Material (LBM) industry. LDAC will partner with members in the training and development of tomorrow’s LBM employees by offering financial assistance in the form of a one-time stipend,… Read more »

2014 Scholarship Winners

Posted by & filed under Scholarship.

Congratulations to our 2014 Scholarship Winners: Haley Nix Sponsored by United Building Supply Attending University of New Hampshire Mariel Baker Sponsored by Brockway-Smith Attending University of Central Florida Amanda Carofano Sponsored by Sanford & Hawley Attending Endicott College

NRLA’S Regulatory Update Newsletter July 2014

Posted by & filed under Legislative.

LEAD PAINT UPDATES EPA Starts Lead Safe Logo Program Contractors who have been certified under the Lead Renovation, Repair, and Painting (LRRP) rule are being encouraged to use a new logo that highlights them as an “EPA Lead-Safe Certified Firm.” The Environmental Protection Agency (EPA) campaign includes ads that encourage parents and those that care… Read more »

Pay-When-Paid Sales Tax Law 2014

Posted by & filed under Legislative.

Purpose: This Informational Publication describes how materialmen may remit sales and use taxes on certain sales of building materials and services to real property as and when actually paid by the purchasers to whom the materialmen have extended credit, instead of remitting the full amount of tax at the time of the transaction as generally… Read more »