Legislative News
Pictured: IIPAC Board Chair Kirk Tyler, U.S. Chamber of Commerce Midwest Region Manager Ethan Hellier, U.S. Sen. Joni Ernst, ABI President Mike Ralston
Sen. Ernst Receives U.S. Chamber Award
Sen. Joni Ernst was presented the U.S. Chamber Spirit of Enterprise Award on Monday morning at ABI for her support of pro-growth policies during the first session of the 115th Congress. The chamber recognizes members of Congress each year for their support of the business community. Keep reading.

ABI Attends IWD Board, EPC and Budget Hearings
As ABI gears up for the 2019 legislative session,  staff  has been attending budget hearings, along with state board and commission meetings. Highlights this week include the Department of Revenue budget hearing on Monday morning, followed by the Iowa Workforce Development Board meeting. Keep reading.

Iowa Supreme Court Ruling Expands Work Comp Claims for Injuries Due to Medical Conditions
Last Friday, the Iowa Supreme Court issued a ruling that could greatly expand the liability of employers, because the decision will allow individuals to file for workers' compensation for injuries that are caused by medical conditions. The case stems from 2012 when a worker with an uncontrolled seizure condition fell on a ceramic floor due to a seizure and suffered brain injuries.  Keep reading.

Iowa Unemployment Rate Hits Historic Low
Iowa Workforce Development announced last Friday that Iowa's seasonally adjusted unemployment rate dropped to 2.4 percent for the month of October, which ties the lowest percentage rate on record. The last time Iowa's unemployment was at this rate was in March 2000. Keep reading.

ABI Requests Feedback on Manufacturer Rule
The Iowa Department of Revenue recently proposed rules related to the definition of manufacturer. The rules come as a result of the tax reform bill, SF 2417, that passed last legislative session. The rules update the definition of a manufacturer and also provide several new examples. Keep reading.

IIPAC: Thank You 2018 Investors
Thank you to all 2018 IIPAC investors! We had a successful election with many  IIPAC -endorsed candidates winning their elections.  IIPAC  has more than 100 contributors, and your contributions are critical to helping ensure pro-jobs legislators represent you at the Iowa Capitol. At the end of election night, not including races that are still too close to call,  IIPAC's  success rate was 85 percent. Keep reading.

Prichard Elected House Minority Leader
As many predicted, the House Democrats elected a new minority leader in Rep. Todd Prichard during their caucus Saturday. After the announcement, Prichard, a well-respected veteran and rural legislator from Charles City, spoke about looking for issues like mental health and Medicaid that his caucus can work on in a bipartisan fashion. Keep reading.
Final Speaker Announced
Author/Former NBA and ISU Basketball Player to Address 2019 Conference
Paul Shirley, an author and former NBA and Iowa State University basketball player, will speak at the 2019 Taking Care of Business Conference

After graduating from ISU, Shirley embarked on a nine-year professional basketball career that included stops on three NBA teams, five teams in Europe and several minor league outfits.  His first book,  Can I Keep My Jersey? , was released to wide acclaim in 2007.  Paul has since written for Esquire, The Wall Street Journal, Slate and ESPN.com. 

Save the date: The conference will be June 4-6 in Ames. Registration will open February 21.  Click on the "Hotels" tab to book your hotel room at a discounted rate.
Present at Conference
Deadline to Submit Workshop Proposals is Dec. 1
ABI is  accepting workshop proposals for its 2019 Taking Care of Business Conference. Workshops will be held on Wednesday, June 5. The deadline for submission is Dec. 1.  Email  Emily Betz , conference programming co-chair, with questions.
From the Desk of...
Common Strategies When Planning Your Business Succession Plan

Vicki Beckey, CPA, CFF, CSEP
Partner/Principal
TD&T CPAs and Advisors, P.C.
vickib@tdtpc.com

Most business owners are busy running their business rather than focusing on business succession. Business owners need to be thinking about what will happen to their businesses when they retire, die or become unable to remain active in the business for an extended period. In my experience, most businesses do not survive to the next generation because the owners do not properly plan. Failure to plan properly can result in unnecessary estate taxes, as well as failure to find a suitable successor. It can also cause the company to lose value during the transition that follows a death or retirement. Keep reading.
Top News
Russell Breaks Ground on New Headquarters
Russell has broken ground on a new 22,500-square-foot corporate headquarters, located approximately 375 feet from its current office in the Birchwood Fields Office Park in Davenport. The company specializes in construction, planning and program management, property management and real estate development.  This new corporate office space is a result of new tenants looking to relocate into the Birchwood Fields Office Park.   Read more .

Free Start Smart Workshop Offered in Mason City
The NIACC Pappajohn Center and the Small Business Development Center is offering a   free   two-hour workshop designed for anyone who is considering starting a business. P articipants will learn how to create a business plan, do market research, consider different types of business ownership and learn how to register a business.  Start Smart will be offered on Nov. 28, 6-8 p.m., at the Pappajohn Center, room #117, on the west side of the NIACC campus.  To register, contact Mary Spitz at 641-422-4342 or   mary.spitz@niacc.edu .
Governor's Club Sponsors