The 70th Annual Meeting & Expo was held April 29 - May 2 at the JW Marriott Orlando Grande Lakes. Click here to visit the Highlights page and see the photo slideshow.

Onto the Senate: US House of Representatives Passes HR 3534
On March 15, the U.S. House of Representatives passed HR 3534, the Security in Bonding Act of 2012, a bi-partisan, common-sense measure, which will ensure that the assets pledged by individuals acting as sureties on federal contracts are real, sufficient, readily convertible to cash, and in the custody and control of the federal government. HR 3534 was introduced by Representative Richard Hanna (NY), who attended last year’s legislative Fly-in and who was briefed on problems arising from individual surety bonds pledged with insufficient assets. NASBP extends its thanks to Representative Hanna and to the co-sponsors of the bill, who are Representatives Mulvaney (SC), Gowdy (SC), and Polis (CO).