July 10, 2025

On July 4, 2025, President Trump signed H.R. 1—dubbed the One Big Beautiful Bill Act (OBBBA)—enacting significant modifications to the United States tax code ranging from increasing bonus depreciation amounts to scaling back clean-energy credits—both of which affect the agricultural aviation industry. One provision that might benefit aerial application businesses is an increase in the state and local taxes, or SALT deduction.

NAAA received notification that scammers have sent an email from NAAA President Mike Rivenbark to several members that is titled, “Assistance with vendor payment.” The email states that Sue Stewart [2025 NAAA Treasurer] is out of the office and asks for assistance in using a third-party payment vendor (i.e. PayPal, Zelle, etc.). AS THE SENDER’S EMAIL ADDRESS ATTESTS, THIS IS NOT FROM PRESIDENT RIVENBARK OR THE NAAA. IT IS SPAM; PLEASE DELETE.