TRUE NORTH TAKES PART IN INDUSTRY LOBBYING EFFORT
True North was honored to take part in the SGMA Industry Leadership Summit held March 5-7 in Washington, DC. On hand were executives from many of the industry’s leading brands to talk about financial, internet and retailing issues facing the industry but the highlight of the summit was on March 7 when the SGMA held its National Health-Through Fitness Day on Capital Hill.
True North President Mark Tedeschi joined industry executives and athletes to lobby for the PEP (Physical Education Program) and PHIT (Personal Health Investment Today) Bills.
True North was a part of a delegation that included former Wimbledon and U.S. Open tennis champion Stan Smith; Heisman Trophy winner Tim Brown (Notre Dame); current NFL quarterback Chad Pennington; former major league infielder Ted Sizemore; current NFL linebacker Jonathan Vilma; current WBA Lightweight World Champion Juan Diaz; and ex-Boston Celtics guard Jo Jo White. Some of the sporting goods brands which also participated in the lobbying process included Accusplit, Cramer Products, Easton-Bell, Heelys, Horizon Fitness, Rawlings Sporting Goods, Russell Athletic, and Spalding.
More than 110 meetings with U.S. Senators, Representatives and their respective staffs took place in their offices on Capitol Hill. Every year since 2000, SGMA has organized a lobby day on Capitol Hill to help drive physical activity legislation.
The PEP Bill provides grants to local school districts to purchase equipment and train teachers in innovative physical education methods. The PEP program has successfully enhanced K-12 physical education programs across the country through grants used for training in state-of-the-art health and wellness-based physical education methods which include the addition of new technology such as heart-rate monitors, pedometers, and the acquisition of state-of-the-art PE equipment and facilities.
The PHIT Bill would change current federal tax law to allow for the use of pre-tax dollars to cover expenses related to sports, fitness and other physical activities. Americans could invest up to $1,000 annually to pay for physical activities by investing money in existing pre-tax Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), Medical Savings Accounts (MSA), and/or medical reimbursement arrangements. PHIT would only expand the eligible expenses. It would not increase contribution limits to these accounts.
True North was honored to take part in the SGMA Industry Leadership Summit held March 5-7 in Washington, DC. On hand were executives from many of the industry’s leading brands to talk about financial, internet and retailing issues facing the industry but the highlight of the summit was on March 7 when the SGMA held its National Health-Through Fitness Day on Capital Hill.
True North President Mark Tedeschi joined industry executives and athletes to lobby for the PEP (Physical Education Program) and PHIT (Personal Health Investment Today) Bills.
True North was a part of a delegation that included former Wimbledon and U.S. Open tennis champion Stan Smith; Heisman Trophy winner Tim Brown (Notre Dame); current NFL quarterback Chad Pennington; former major league infielder Ted Sizemore; current NFL linebacker Jonathan Vilma; current WBA Lightweight World Champion Juan Diaz; and ex-Boston Celtics guard Jo Jo White. Some of the sporting goods brands which also participated in the lobbying process included Accusplit, Cramer Products, Easton-Bell, Heelys, Horizon Fitness, Rawlings Sporting Goods, Russell Athletic, and Spalding.
More than 110 meetings with U.S. Senators, Representatives and their respective staffs took place in their offices on Capitol Hill. Every year since 2000, SGMA has organized a lobby day on Capitol Hill to help drive physical activity legislation.
The PEP Bill provides grants to local school districts to purchase equipment and train teachers in innovative physical education methods. The PEP program has successfully enhanced K-12 physical education programs across the country through grants used for training in state-of-the-art health and wellness-based physical education methods which include the addition of new technology such as heart-rate monitors, pedometers, and the acquisition of state-of-the-art PE equipment and facilities.
The PHIT Bill would change current federal tax law to allow for the use of pre-tax dollars to cover expenses related to sports, fitness and other physical activities. Americans could invest up to $1,000 annually to pay for physical activities by investing money in existing pre-tax Flexible Spending Accounts (FSA), Health Savings Accounts (HSA), Medical Savings Accounts (MSA), and/or medical reimbursement arrangements. PHIT would only expand the eligible expenses. It would not increase contribution limits to these accounts.
posted by True North at 10:59 AM
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