Q1 Boat Sales: Strong Start for Brokerage Sales, Dealer Sales Hold Steady
Boat registrations by brokers posted strong Q1 registrations totaling $152M compared to $126M in 2024 for a 57% increase in value. Brokerage registrations in units totaled 735 for Q1 compared to 522 in 2024 for a 45% increase. New registrations by dealers for Q1 were flat with $79M in sales compared to $79M in 2024. […]
Legislative Update: NMTA Legislation Making Waves in Olympia
Senator Deborah Krishnadasan and Catherine Veninga (staff) with Tim Gorman (DNR), Ian Wilkinson (Foss Harbor Marina), Tarin Todd (Foss Harbor Marina), and NMTA’s Roman Daniels-Brown (lobbyist) and Jay Jennings (VP & Dir. of Government Affairs) awaiting the signing ceremony for SB5656 on aquatic lease rates on Tuesday, April 22, 2025. Senate Bill 5801: Transportation/Luxury Tax […]
Defeat the Boat Tax!
ISSUE OVERVIEW: You may have heard about the proposed “luxury tax” on recreational watercraft, RVs, airplanes, and automobiles. This tax would add an extra 10% charge on purchase prices exceeding $500K for boats, RVs, and planes. Automobiles over $100K would also face a similar tax on the value above that threshold. We are specifically concerned […]
Member News: Local Investment Firm Purchases Dagmars Marina
GT Capital, a Seattle-based real estate holding company specializing in the acquisition, development, and operation of commercial and residential properties across the Pacific Northwest, has successfully acquired Dagmars Marina, located on the Snohomish River in Everett. This purchase marks a significant milestone for GT Capital, which last year led a group of investors in acquiring […]
Government Affairs Update
Jay Jennings, NMTA’s director of government affairs, Scott Anderson, CSR Marine and Dave Gering, Manufacturing Industrial Council testified in Olympia last week to persuade members of the Senate Environment, Energy & Technology committee to vote against HB 1814 which would counter Seattle’s established plan to connect the missing link of the Burke-Gilman on Leary Way, rather than […]
Save the Dates!
Mark your calendars for two of our key events later this year: Annual Meeting: June 18, Queen City Yacht Club Annual Boatyard and Marina Conference: Oct. 9-10, La Conner Please plan on joining us for these important opportunities to connect, learn and grow with the maritime community.
Apply Now For Boating Facility Grants from RCA
Do you need funding for boating facilities targeting transient recreational vessels 26 feet and larger? If so, we have a grant program for you! The Recreation and Conservation Office (RCO) is now accepting grant applications for the federal Boating Infrastructure Grant (BIG) Program. BIG provides funding to develop and renovate public boating facilities for transient recreational […]
Register Now for Maritime Safety Day
Register
Join NMTA at American Boating Congress, May 12 – 14 in Washington, D.C.
At the Northwest Marine Trade Association (NMTA), we recognize the significant role our regional boating industry plays in driving the national boating economy that contributes over $230 billion annually and supports hundreds of thousands of jobs. To safeguard this success, it’s crucial that we advocate for policies that protect boater access, foster manufacturing competitiveness, and support infrastructure investments. The American […]
Board Self-Nominations Due April 4
The 13 member NMTA Board of Trustees charts the course for NMTA by setting policy and establishing direction for the association which NMTA staff implements. Are you interested in serving and contributing your voice and expertise? Consider running for the Board in the upcoming May election. Each year three NMTA members are elected to serve a […]