In short, it’s death by delay. At least some of those tech companies that the Secretary of Commerce will be studying should have been reporting under Statement 123(Revised) soon, given that the SEC’s delay of Statement 123 (Revised) didn’t affect them.Describing HR 913 – which basically prohibits the enactment of Statement 123R - that is now gathering steam as a “fantastic piece of double-speak”, Mr. Ciesielski suggests that if your representative is one of the 40 co-sponsors of HR 913, “you should drop them a line and offer your discouragement.”
The list of co-sponsors is here.
A summary of HR 913 is here.
Hat tip to Mr. Ciesielski for staying on top of this slippery issue.

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