U.S. Congressman Lou Barletta (L) discusses the effects of the recently passed Highway Bill and Section 179/Bonus Depreciation with Stephenson President and CEO Dennis Heller.
U.S. Congressman Lou Barletta (R), representative of the 11th district in Pennsylvania, was at Stephenson Equipment Inc.’s (SEI) Harrisburg, Pa., facilities on Dec. 7. The congressman, who has visited the location before, requested the meeting with Stephenson to discuss his future sustainable highway funding ideas and the recent house approval of the highway bill with congressman Barletta’s priorities in place.
Meeting with Stephenson’s President Dennis Heller, EVP and CFO Robert Criste, and VP and Wilkes-Barre Branch Manager Dave Donati, the Congressman also discussed bonus depreciation legislation and his feelings that it should get passed before the end of the year.
Stephenson Equipment takes pride in being active in the political arena and realizes the importance of sharing the voice and view of a local company involved in the heavy equipment and highway industry with lawmakers like Barletta.
In a recent press release, Barletta expressed his disappointment with the offsets in the highway bill and feels it is irresponsible that neither the house nor the senate has worked on serious reforms that will provide the Highway Trust Fund with a sustainable funding source.
In their meeting the Congressman told SEI that he looks forward to working with his colleagues on policy ideas that could be included in a comprehensive bill to ensure the Highway Trust Fund has a sustainable funding source longterm, said Dennis Heller SEI president and CEO.
Stephenson Equipment met with the Congressman for several hours and discussed their views on how the Highway Bill affects them and the importance of sustainability of the Highway Trust Fund to a local business like SEI. Stephenson Equipment employs 140 employees at its six locations across Pennsylvania and New York, offering cranes, construction, highway building and road maintenance equipment sales, rentals, parts and service.
Heller said, “It is great to have someone like Lou in office, his background in road construction and as a mayor are of great value in his position on the House Transportation and Infrastructure Committee, and it shows by his efforts to secure a number of victories in the highway bill for transportation safety, reduced regulation and just plain common sense.”