Graham-Cassidy ACA Repeal Measure Would be Devastating for Small Businesses

New ACA repeal measure would harm small businesses by causing 32 million people to become uninsured, gutting protections for those with pre-existing conditions and significantly scaling back funding for Medicaid. Read more »

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Monday, September 25, 2017
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Recent Developments

On September 25, Small Business Majority released a scientific opinion poll that found the majority of small businesses support expanding federal programs to increase access to high-quality, affordable child care, and that many small business owners themselves struggled to access affordable child care.

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On September 6, Southern California Outreach Manager Xiomara Peña was featured on ComCap The Podcast to discuss the current state of economic development in minority communities and how best to serve them.

Listen here »

On July 24, the U.S. House of Representatives passed three bipartisan bills introduced and supported by members of the House Committee on Small Business. The three bills aim to increase access to capital and modernize the lending environment for small businesses. The bills now move on for consideration by the Senate.

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On July 18, Small Business Majority released a report with The Commonwealth Fund entitled “Talking SHOP: Revisiting the Small-Business Marketplaces in California and Colorado.” Small Business Majority’s David Chase, Vice President of National Outreach, and Tim Gaudette, Colorado Outreach Manager, co-authored the report along with Leif Haase, President of LWH Consulting. 

Read the report »

On July 14, Small Business Majority submitted a letter to the Consumer Financial Protection Bureau encouraging implementation of Section 1071 of the Dodd-Frank Act, which requires financial institutions to collect and report data on lending to women- and minority-owned businesses. This information is crucial to increasing access to capital for female and minority entrepreneurs.

Read our letter »

On June 27, California Director Mark Herbert testified in front of the California Assembly Judiciary Committee in support of SB 63, which would provide job protection for employees who take paid leave. Our new scientific opinion poll found 71% of small business owners support expanding job protection to businesses with 20 or more employees.

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On June 20, CEO John Arensmeyer participated in a panel discussion on solutions to capital access and online lending at Wacif's Small Business Capital Forum. 

On June 15, the House Small Business Committee approved five bipartisan pieces of legislation to amend the Small Business Act and the Small Business Investment Act. These bills will help support and improve the Small Business Administration.  

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On June 8, Small Business Majority sent a letter to the U.S. House of Representatives urging lawmakers to oppose the Financial CHOICE Act of 2017, which would undo many provisions of the 2010 Dodd-Frank Act that have addressed practices that led to the 2008 financial collapse and have protected small business borrowers from predatory practices.

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On May 31, CEO John Arensmeyer co-hosted a panel with Oregon Treasurer Tobias Read at the 2017 NewDEAL Ideas Summit. They discussed ideas to help strengthen and modernize America’s safety net for or small businesses, employees and families, such as encouraging retirement savings and offering portable benefits.

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