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Februa r y 2023 To promote, educate and advocate for the Residential Building & Remodeling Industry; providing resources that benefit industry professionals and consumers in the communities we serve. NEWSLETTER Your 2023 Board of Directors WHATS INSIDE 2023 RAFFLE WIN $500 WEEKLY  Top Golf Outing April 4th  Clay Shoot May 12th  PWB Scholarship Sponsorship Opportunities  Installation Banquet moments  Exclusive money savings programs  New Members & renewals MORE INFO ON NEXT PAGE Page 1 I

A Message From the President: Dear HBR friends, I am excited to be able to serve as President of the HBR in 2023. It’s already shaping up to be a year of uncertainty and challenges for our industry. In 2023 I want to challenge our membership to get more engaged with our organization, find committees and councils that speak to you and become more involved in areas you are passionate about. I also challenge our membership to help one another. Take the time to call or grab a lunch with other members and figure out ways to help each other in this market, bounce ideas off each other to find ways to help strengthen your businesses. And finally I challenge you as members to continue to give back to our communities in even bigger ways. Our members already have an amazing impact on our communities, and in 2023 we can continue to be leaders in having a positive impact in our communities. Thank you all and I look forward to a prosperous 2023 for our organization and membership. Mike Needles, President Page 2

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GOVERNMENT OFFICIAL RECEPTION

2022 SPONSORSHIP OPPORTUNITIES $250 SNACK / SODA STATION SPONSOR Tent on course with refreshments to share with shooters. $250 AWARDS & CONTEST SPONSOR Logo on awards and Sharp Shooter contest. $150 SCORE SHEET SPONSOR Your company logo on all scoresheets. $100 STATION SPONSOR Company name on signage at a station. SPONSORED BY: Weatherby Orion I O/U 12ga 28” barrel Limited number of tickets sold. *One of the Nation’s Finest Hunting and Shooting Facilities NILO Farms 15025 IL-111, BRIGHTON, IL $650 cash will be awarded for the non-shooting enthusiast. ONE (1) TICKET - $20 THREE (3) TICKETS - $50 $110 PER SHOOTER “LOADED” WITH 100 Rounds of Sporting Clays, Ammo, Cool Shirt, Drinks, Lunch and Friendly Competition *Protective eye wear required PLEASE COMPLETE & REGISTRATION NO LATER THAN MAY 1st No refunds or credits will be given for cancellations or no-shows after 5/8/2020 Home Builders & Remodelers Metro East Association, 6100 West Main St., Maryville, IL 62062 Page 5

2023 Installation of Officers & Industry Awards The big crowd enjoyed the ceremonies and awards shared throughout the evening. Mike Lippert presented Presidential Citations to Drew Halliday w/ Hallmark Stone, Tricia Buehne w/First Mid Bank & Trust and Brittney Ragsdale w/C.A. Jones for all their efforts within the organization during his Presidency year. Mike Needles was Page 6

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2023 Installation of Officers & Industry Awards GOLD SILVER BRONZE Page 8

2023 Installation of Officers & Industry Awards Ron Padgett was presented with the Lifetime Achievement Award by our Emcee and his son, David Padgett! It was quite the moment and presentation given with so many accolades and love shared for Ron. He truly has given a lifetime of professionalism, community care and proven success in the building industry. Ron received a standing ovation from the room. Page 9

Illinois is the most unfriendly state for taxes, study says Illinois has a reputation of being a high-tax state and one that is losing population, but is that a reality? According to one website, it absolutely is. This month, MoneyGeek.com published a study to "assess the tax-friendliness of all 50 states and the District of Columbia" and found Illinois is the most unfriendly state when it comes to taxes. Money Geek used data from the U.S. Census Bureau, the Tax Foundation and the U.S. Bureau of Labor Statistics’ Consumer Expenditure Surveys. Armed with that, the website gave each state a grade, A being the best and F being the worst. The website looked at property, sales and income taxes in its calculations, as well as population change. Illinois families pay $14,778 in annual taxes on average, while Wyoming, the most tax-friendly state in the survey, has families pay $3,438, a difference of $11,340 each year. Illinois families, the study found, pay 16.9% of their annual income to taxes. The five states that got A's (Florida, Wyoming, Nevada, Tennessee and Alaska) experienced aboveaverage population growth of about 1%, while states that received an F (Illinois, Connecticut, New Hampshire and New Jersey) saw a slight decline of 0.1%. "Have taxes influenced their decision to move to a new state? MoneyGeek’s analysis suggests that the answer is 'yes,'" the website states. It found that in the top and bottom tax states, population growth or loss was tied to the state's tax grade. Illinois, the study states, lost 0.7% in population. Last year, Illinois Gov. JB Pritzker touted his 2023 budget as one that brought financial stability to the state and one that provided $1.8 billion in tax relief to families in Illinois. Among the items in the budget were: • a suspension of taxes on groceries for one year, which the governor says will save people $400 million • freezing the motor fuel tax for six months, which Pritzker says results in a $70 million savings • a $520 million one-time property tax rebate, which Pritzker said would amount to about $300 a household • expanding the Earned Income Tax Credit from 18% to 20% of the federal credit while increasing the number of households that would be covered. That, Pritzker's office said, would put about $100 million back into the wallets of families. Andy Kravetz Journal Star Page 10

2023 Installation of Officers & Industry Awards The Board was installed by Mayor Herb Roach of O’Fallon. Chris Jones, 2015 HBR President, had the honor of performing the installation ceremony for Mike Needles. Mike shared his vision for his presidency year that includes membership growth and continued successful events. Maintaining our friendships with our government officials while standing strong for our industry regulations and laws. Page 11

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2022 MEMBERSHIP UPDATES RENEWING MEMBERS Bank of Belleville - 3 years Beloman - 5 years Con-Tech Building Components -1 year E.A. Knight Construction - 9 years Fence & Deck Depot - 16 years Halloran Construction - 18 years Heartland Turf Farms - 10 years Hometown Properties - 2 years Illinois Closet Concepts - 5 years John Bender Inc - 18 years Mark’s Appliance - 5 years Midwest Solar Solutions - 1 year Missouri Vinyl Products - 3 years Mr. Handyman - 7 years Munie Green Care Professionals - 17 years P&A Drywall - 26 years Pederson HVAC - 5 years Pfund Construction - 1 year R.P. Lumber - 37 yars Redbox+ of St. Louis - 1 year Rehkemper & Son Building Components - 26 years Rodrigues Siding & Roofing - 1 year Trost Plastics - 24 years Vogt Builders - 21 years NEW MEMBER Auffenberg Dealer Group 1130 Auffenberg Ave., O’Fallon IL 62269 Tim Klein O: 618.624.2277 Email: tklein@auffenberg.com Page 13

NAHB, Other Groups Warn DOE Plan Will Worsen Transformer Shortages NAHB and six other organizations have sent a joint letter to Energy Sec. Jennifer Granholm to sound the alarm that the Department of Energy’s (DOE) recent rulemaking proposal to increase the energy conservation standards for the production of electrical transformers will severely exacerbate the current supply shortage. Noting that it currently takes more than 16 months to produce and deploy new transformers, the groups warned that the “inability to quickly manufacture and deliver these critical components threatens the ability of the electric sector to service current and planned housing markets.” The proposed rule would dictate that manufacturers increase the efficiency of distribution transformers by a mere tenth of a percentage point — but the organizations pointed out that increasing efficiency by even this nominal amount “could add months to an already lengthy order cycle.” Granholm was warned that the proposed rule would “require manufacturers to transition to a different type of steel, which is largely untested, less flexible and more expensive. Further, the existing supply chain of this alternative steel is very limited and mostly foreign-sourced.” (The National Rural Electric Cooperative Association and American Public Power Association, two of the groups that signed onto the joint letter, separately warned DOE that only one domestic steel producer exists that could make transformers under this proposal.) “This rule would impose unnecessary cost burdens and further delay the delivery of such critical products,” the letter stated. Simply put, this DOE proposal does nothing to address, and is likely to exacerbate, the current distribution transformer crisis.” Given the unprecedented demand for distribution transformers, NAHB and the other building and electrical groups called on DOE to maintain the current efficiency levels required of these products. “Getting these already highly efficient products into the market more quickly should be the highest priority and will result in the realization of electrification benefits much sooner — benefits that will far outweigh any gains achieved through a fractional percentage increase in efficiency,” the letter stated. Separately, in a positive development, the Internal Revenue Service recently affirmed that electric grid modernization and components (including transformers) are now eligible under the 48C tax credit, which provides $10 billion in credits for qualifying advanced energy projects. Other groups signing the letter — in addition to NAHB, the National Rural Electric Cooperative Association and American Public Power Association — included Edison Electric Institute, GridWise Alliance, the Leading Builders of America and the National Electric Manufacturers Association. Page 14

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