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National Restaurant Association expects One Big Beautiful Bill to benefit US restaurant operators

July 10, 2025 — The One Big Beautiful Bill Act, an omnibus piece of U.S. legislation that President Donald Trump signed into law on 4 July, includes tax policies that will strengthen the U.S. foodservice industry, according to the National Restaurant Association (NRA).

“The pro-growth tax policy in this bill will make it easier to start a restaurant and to continue to improve and modernize as the business grows. It lays the groundwork for long-term innovation, job creation, and economic growth, ensuring restaurants can continue to meet evolving consumer needs and power the U.S. economy,” NRA President and CEO Michelle Korsmo said.

Read the full article at SeafoodSource

Dealing with Trump’s megabill remains a work in progress

July 9, 2025 — On July 3, the U.S. House narrowly passed the One Big Beautiful Bill Act, sweeping federal legislation that extends tax cuts and reduces social safety net programs. President Trump signed the bill into law during a ceremony held the following day.

For coastal fishing communities endeavoring to protect access to their fisheries and fisheries habitats, efforts to deal with the legislation remain a work in progress.

One possible saving grace was that before it went to the House, Sen. Mike Lee, R-Utah, dropped from the H.R. 1 package in the Senate a contentious plan to sell between 2.2 million and 3.3 million acres of public lands in 11 western states for the construction of housing.

“Public land sales or privatization could cut off lifelines to water, or at the very least, create disruptive and unnecessary uncertainty,” said Michelle Stratton, a fisheries scientist and executive director of the Alaska Marine Conservation Council in Anchorage. “Without reliable public access to harbors, fish camps, and boat ramps, especially on or near federal lands, Alaska’s small boat fishermen can’t operate or know how to prepare for their season.”

Read the full article at the National Fisherman

Trump’s One Big Beautiful Bill Act includes several seafood provisions

July 8, 2025 — U.S. President Donald Trump has signed into law the One Big Beautiful Bill Act, an omnibus piece of legislation enacting the president’s policy preferences into law.

While the U.S. Senate made substantial changes to the bill before passing it, several seafood provisions included in early versions of the legislation survived the final cut, and a few additional carveouts were added for the Alaska fishing sector during last-minute negotiations.

Read the full article at SeafoodSource

US House passes “One Big Beautiful Bill Act” with seafood, aquaculture provisions

May 23, 2025 — The U.S. House of Representatives has passed the One Big Beautiful Bill Act, a megabill enacting much of U.S. President Donald Trump’s second-term policy agenda, such as slashing domestic spending programs in exchange for tax cuts and new military and border spending.

“’THE ONE, BIG, BEAUTIFUL BILL’ has PASSED the House of Representatives! This is arguably the most significant piece of Legislation that will ever be signed in the History of our Country!” Trump wrote on his Truth Social account. “The Bill includes MASSIVE Tax CUTS, No Tax on Tips, No Tax on Overtime, Tax Deductions when you purchase an American Made Vehicle, along with strong Border Security measures, Pay Raises for our ICE and Border Patrol Agents, Funding for the Golden Dome, ‘TRUMP Savings Accounts’ for newborn babies, and much more!”

Read the full article at SeafoodSource

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