The IRTA Hall of Fame Committee announced today that Michael Mercier, founder and President of Metro Trading Association, has been selected to receive the 2014 Hall of Fame Award. This is the highest honor conferred by IRTA. He is a barter industry founder and past President of IRTA.
The award will be presented at IRTA’s 35th Annual International Convention being held September 25th through 27th in Cancun at the Grand Oasis Resort.
Michael started Metro Trading Association in 1978. It services the business community in Michigan and Ohio. In addition to being a past IRTA President, Michael has served as IRTA’s Vice-President and Secretary. Mercier has chaired numerous IRTA committees and been recognized with the “Paul St. Martin Award”, “Legend of Barter Award” and numerous “Outstanding Achievement Awards.” Since 1984 he has been a tireless worker to unite the industry domestically.
Michael also played a leading role as the long-term chair person of IRTA’s Government Relations Committee. He authored, (with IRTA staff), legislation to regulate the industry that was twice introduced in the United States Congress. Additionally, he was deeply involved with lobbying Congress in response to the “John Doe” summons activity of the IRS. This led to the government’s recognition of the barter industry as a third-party record keeper via the Tax Equity and Fiscal and Responsibility Act (TEFRA). This record keeper designation was the first point cited by the Commissioner in the the recent exemption obtained by IRTA from the CA Money Transmitter Act.