Why It Matters
The National Hardwood Lumber Association ended its relationship with Capitol Resources LLC, according to a termination filing submitted on Aug. 7.The move came after the Mississippi-based firm represented the industry group on tax and trade issues throughout 2025 and into 2026.
The termination represents a modest loss for Capitol Resources. The hardwood association paid the firm $17,000 in the first and third quarter of 2025 and $51,000 in the second quarter before the engagement wound down.
Broader Context
The termination filing listed three lobbyists: John Simpson Jr. as a Government Relations and Public Affairs Professional, Josh Peaster as a lobbyist, and Andrew Hogin as a Government Affairs Professional.
The Section 232 tariff action on timber and lumber was announced on September 29, 2025. The One Big Beautiful Bill Act, signed into law on July 4, 2025, extended and expanded numerous business tax provisions from the 2017 Tax Cuts and Jobs Act, potentially affecting the tax advocacy work Capitol Resources conducted for the group.
The firm lobbied on taxation issues in all four quarters of 2025, as well as trade issues across the same period. The termination notice filed in August 2026 specified that the engagement had covered tax and trade issues.
The Bottom Line
The quarter two 2026 termination notice, filed in August, reported zero in lobbying expenses, indicating no work was performed in the second quarter of the year.
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