The tax credit “is one of the biggest selling points for SHOP. This would be harmful to small businesses overall, since many benefit from the tax credit and like to have extra enrollment options through SHOP,” says John Arensmeyer, founder and CEO of Small Business Majority, an advocacy group for entrepreneurs. “We would much prefer to see the small business tax credit strengthened and streamlined, with more attention placed on the success of the SHOP marketplaces.”
SHOP plans in jeopardy under AHCA
Letter: Repeal will hurt small businesses
As a small-business owner, I am disappointed by the House’s passage of the American Health Care Act, the Republican plan to repeal and replace the Affordable Care Act (ACA). The ACA has been crucial to helping small business owners like me gain access to more comprehensive and affordable health coverage.
Under the ACA, rates in the small group market are finally starting to stabilize, and many small businesses have been able to receive tax credits for providing coverage. Additionally, the law has helped many would-be entrepreneurs, especially those with pre-existing conditions,...
Get Started: Bills that would affect small business advance
The health care bill, which would scuttle much of the Affordable Care Act enacted under the Obama administration, passed the House by a tight 217-213 vote and now goes to the Senate, where it is expected to undergo substantial revisions.
Small business advocacy groups are split over the bill. The National Federation of Independent Business and the U.S. Chamber of Commerce applauded the legislation, saying it would make health care more affordable. The Small Business Majority said the bill would limit the ability of small businesses and their employees to obtain insurance.
Congress Scraps Obama-Era Rule for State Retirement Plans
"Striking down this rule will have a chilling effect on states that are establishing their own retirement savings programs, which in turn will harm small businesses and their employees", John Arensmeyer, founder and CEO of Small Business Majority, an advocacy group for small business owners, said in a statement. States say the exemption would have let employers pass workers' money into plans without footing ERISA compliance costs.
House Passage of ACA Replacement Plan Devastating for Entrepreneurs
We are frustrated and disappointed that the U.S. House of Representatives passed the American Health Care Act today, the Republican plan to repeal and replace the Affordable Care Act. This is an irresponsible and costly move that will do little more than create instability in the insurance market and greatly reduce the ability of small business owners, their employees and self-employed Americans to obtain health coverage. What’s more, we know small businesses strongly support the current healthcare law and oppose the replacement.
Our scientific opinion polling found small businesses...
House passes bill to repeal Affordable Care Act
John Arensmeyer, founder and CEO of the Small Business Majority, expressed frustration and disappointment with the vote.
“This is an irresponsible and costly move that will do little more than create instability in the insurance market and greatly reduce the ability of small business owners, their employees and self-employed Americans to obtain health coverage,” he commented. “What’s more, we know small businesses strongly support the current health care law and oppose the replacement.”
Arensmeyer’s organization’s opinion polling found small businesses favor the Affordable...
Congress stops California from creating retirement plans for private sector workers
“Striking down this rule will have a chilling effect on states like California that are establishing their own retirement savings programs, which in turn will harm California’s small businesses and employees,” says Mark Herbert, California director of Small Business Majority.
He says most small businesses lack the resources to set up an employer-sponsored retirement plan. Mr. Herbert says two-thirds of the 7.5 million Californians who don’t have access to employer-sponsored retirement plans work for small businesses with fewer than 100 employees.
Rep. McNerney Introduces Small Business Legislation To Boost Job Opportunities
'Congressman McNerney's re-introduction of the Small Business Relief and Job Creation Act is good news for small businesses. Legislation that incentivizes small employers to grow their businesses and create jobs will help strengthen our economy and move us further down the path to recovery. What's more, this bill encourages small employers to hire workers who were previously unemployed, which will lower our unemployment rate, put more money in the pockets of consumers and bolster small employers' bottom lines.'
Congress votes to block California’s retirement-savings plan for private-sector workers
Mark Herbert, California Director of Small Business Majority, said only 14 percent of small businesses offer retirement plans.
“Striking down this rule will have a chilling effect on states like California that are establishing their own retirement savings programs,” Herbert said, “which in turn will harm California’s small businesses and employees.”
A single Senate vote makes it to harder for states to offer retirement plans to neglected workers
In a 50-49 vote, the U.S. Senate repealed Labor Department rules from the Obama administration that would have made it easier for states to offer retirement plans to private-sector employees who don't have those benefits at work.
Trade groups from the financial services industry supported the measure while consumer advocates worried that it will be harder to help the roughly 55 million employees who don't have access to a workplace retirement plan.
"Striking down this rule will have a chilling effect on states that are establishing their own retirement savings...
Congress shouldn't retire a rule that will help Illinois small businesses save for the future
The Senate is expected to vote as early as this week to overturn a Department of Labor rule that makes it easier for states to establish retirement savings plans, like the Secure Choice Retirement Savings Program being implemented here in Illinois. Striking down this rule would have a chilling effect on Illinois’ Secure Choice Program, and would be especially harmful to small businesses and their employees who are looking forward to taking advantage of this program.
Tsongas Discusses Importance Of Maintaining Antiquities Act Designations
A study released by the Small Business Majority also found that national monuments designated by President Obama have provided significant boosts to small businesses in rural communities, driving $156 million dollars in annual revenue and creating more than 1,800 jobs a year.
Congress shouldn't retire a rule that will help California small businesses save for the future
The Senate is expected to vote as early as this week to overturn a Department of Labor rule that makes it easier for states to establish retirement savings plans, like the Secure Choice Retirement Savings Program being implemented here in California. Striking down this rule would have a chilling effect on California’s Secure Choice Program, and would be especially harmful to small businesses and their employees who are looking forward to taking advantage of this program.
If Gov. Hogan Wants to Help Small Businesses, He Should Sign Paid Sick Days Bill
The Maryland General Assembly made history this year when it passed the Healthy Working Families Act (HB 1), which would benefit the state’s small businesses and their employees by allowing workers at firms with 15 or more employees to earn paid sick days, while employees at firms with fewer than 15 employees would be able to accrue unpaid sick leave. Unfortunately, Gov. Larry Hogan (R) claimed that the bill would be “dead on arrival” if it reached his desk, even though the legislation would level the playing field for small firms that want to provide these type of benefits. Although Hogan...
To fight Goliath, David-sized businesses need help on retirement plans
Now that National Small Business Week is here, lots of lawmakers will be telling us about the importance of fighting for the interests of America’s job creators. It is hard to take some of those claims seriously, however, since politicians in Washington, D.C. are close to killing a federal rule that makes it easier for states to establish retirement savings plans that benefit small businesses.
During the Obama administration, the U.S. Department of Labor gave more options to small businesses that don’t offer retirement programs by permitting states to create a public/private...
Reader Feedback: Savings plan good for small businesses
Colorado lawmakers are considering a bill that would establish a publicly administered retirement savings plan that is available to private-sector workers. I support the Secure Choice Savings Plan because it would give more options to small firms like mine that struggle to offer retirement benefits.
Since my landscaping business is not currently able to offer retirement benefits, it is sometimes difficult for us to compete in a crowded marketplace when trying to hire potential employees—especially those who would serve in management roles.
Retirement benefits, however, don’t...
Bill to create mandatory paid-family-leave program gets Colorado House approval
A proposal that would require businesses across Colorado to participate in a state-run, employee-funded paid-family-leave system received approval from the Colorado House for the first time on Friday, moving to the Senate on a Democratic-led party-line vote.
House Bill 1307 — the third iteration in the past four years of the FAMLI program, sponsored this year by Democratic Rep. Faith Winter of Westminster — assesses fees on employees statewide to build up a pool of revenues that could be used by workers whose companies don’t offer paid family medical leave.
Public Lands Are Responsible For Billions In Consumer Spending, & Trump Wants To Sell Them Off
The Small Business Majority, a nonprofit advocacy group, recently released a report that showed that national monuments strengthen local economies by drawing visitors who stay for several days and spend money locally. Such expenditures “are especially important in rural areas where local economies and small businesses may be particularly reliant on income derived from tourism and outdoor recreation,” the report said.
National Small Business Week 2017 Kicks Off April 30
U.S. Small Administration kicks off National Small Business Week 2017 on April 30 in the nation's capital by having SBA Administrator Linda McMahon recognize and award the nation's top small businesses, entrepreneurs, small business advocates and champions.
Supporting Sponsors: Small Business Majority
Should home cooks be able to sell meals out of their kitchens?
It would also provide an avenue for legitimate entrepreneurship, said Mark Herbert, California director for Small Business Majority, a small business advocacy organization.