SFIA will be celebrating the 21st annual National Health Through Fitness Day in Washington, DC on March 10-11, 2020. The Personal Health Investment Today (PHIT) Act has been making big progress in the 116th Congress, as the bill just landed its 100th congressional cosponsor, Congressman Cedric Richmond. For the more information on the vast amount of bipartisan support, click here.
We are confident that this is the year for PHIT, as our lawmakers are laser focused on health care spending and seeking alternative methods of reform. PHIT would allow families and individuals the opportunity to use pre-tax dollars to pay for activity-related expenses. This approach focuses on prevention, rather than costly medical treatment. Numerous studies have proven the importance of an active lifestyle, and it is paramount that our government takes action, for the future health of our nation. Click here to learn more about PHIT & register for National Health Through Fitness Day.
On December 13th, President Trump agreed to a limited trade deal with China, putting a stop to the additional tariffs on $156 billion of Chinese-made goods, including footwear and apparel, that were set to go into effect on Sunday, December 15th. Also in this agreement, existing tariffs on about $360 billion of Chinese-made goods will be cut in half.
List 4A goes went into effect on September 1, 2019 and List 4B was set to go into effect on December 15, 2019. These tariffs have negatively impacted the sport and health industry, and we are hopeful that this trade agreement comes to fruition.
Another opportunity for American companies to decrease tariff exposure is through the Miscellaneous Tariff Bill (MTB) petition process. To learn more about the MTB, click here.
SFIA, NFHS & NCAA are co-hosting the annual Team Sports Rules & Management Conference on April 13-14, 2020 in Indianapolis. This event brings together manufacturers, retailers, brands and governing bodies in the team sports industry to discuss changes in team sports rules, standards and regulations. In addition, SFIA council meetings for Football, Baseball/Softball and Lacrosse will be held on April 13. Breakout sessions for all individual team sports will take place on April 14. Presentations covering the state of the sports industry, the environment of high school sports and the competitive play at the college level will be enlightening conversations that you can't afford to miss!