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Representatives Blake Moore (R-UT) and Norma Torres (D-CA) introduced bipartisan legislation to increase access to floor plan financing deductions for semi-trailer dealers. Current law provides exclusions for dealerships with motor vehicles, recreational trailers, and campers to fully deduct interest paid on floor plan financing, but doesn't extend to semi-trailers. This leaves dealers in a non-parity position with automobile, truck, and recreational trailer dealers despite their shared relianc…  Continue Reading

Representatives Blake Moore (R-UT) and Salud Carbajal (D-CA) introduced bipartisan legislation to ensure event contracts can continue to serve legitimate business interests while protecting Americans from the safety and national security risks of dangerous or otherwise problematic event contracts. Event contracts are longstanding financial instruments that many industries, particularly farmers, use to hedge against potential losses. In recent years, prediction markets have sponsored contracts r…  Continue Reading

Congressman Blake Moore issued the following statement on the recent military campaign in Iran. “This weekend’s military campaign against Iran has dealt a major blow to the largest state sponsor of terrorism in the world. Iran provided a safe harbor to Al Qaeda militants immediately after the 9/11 attacks and allowed its senior leaders to base their operations there. President Trump took decisive action to halt Ayatollah’s power under the 2001 Authorized Use of Military Force approved by Congre…  Continue Reading