WASHINGTON, DC – Congressman Ander Crenshaw will outline the impact of new international trade legislation at Coach, Inc. Distribution Center in Jacksonville on the morning of Tuesday, August 7. Later in the day, he will review progress on his ABLE Act legislation which allows for the creation of tax free savings accounts for the disabled. Specifics and background on each event can be found below.
TUESDAY, AUGUST 7
• JACKSONVILLE - 11:45 a.m. - Crenshaw will outline positive economic impact of new international trade legislation - the GSP Update for Production Diversification and Trade Enhancement Act - at a briefing at Coach, Inc. Distribution Center which is located at 1 Coach Way at the JIA Tradeport. The legislation, formally introduced on August 2, would allow for travel goods, such as purses, briefcases and backpacks to be eligible for approval as duty free trade products under the Generalized System of Preferences (GSP) Program. By providing GSP eligibility to travel goods, U.S. businesses would have viable sourcing alternatives to China which is not a GSP country. The GSP Update Act is an opportunity to enhance a successful global development program for U.S. partners and allies while providing key benefits to U.S. businesses. Crenshaw will review the positive overall economic impact of the bill for American companies. Coach representatives will provide comment on the importance of the legislation for their global supply chain and the impact on their U.S. operations. Contacts: Barbara Riley, Communications Director, Congressman Ander Crenshaw at 202-225-2501 (legislation) and Daryl Sando on behalf of Coach at 831-801-0023 (logistics/directions to Jacksonville facility).
• JACKSONVILLE - 1:30 p.m. - Crenshaw hosts forum with Northeast Florida disability advocacy groups to review the progress of his Achieving A Better Life Experience Act (ABLE Act) at the offices of The Bold New Arc, which are located at 1050 North Davis Street. The ABLE Act (H.R. 3423, S. 1872) would create tax-free savings accounts for individuals with disabilities and is gaining support in Congress with 304 co-sponsors (184 House and 25 Senate). Representatives from the Down Syndrome Association of Jacksonville, the Epilepsy Foundation of Florida, Special Olympics, The Arc of Florida, The Collaboration to Promote Self Determination and other groups will be in attendance and give specific examples of why the ABLE Act is needed.
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