Policy Statements

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Small Business Majority Comments on CRA Proposed Rule Changes

miércoles, abril 8, 2020 | National
Attachment:
PDF icon Read the full comment here

Today, Small Business Majority submitted comments to the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation regarding proposed rules changes to the Community Reinvestment Act. Some of Small Business Majority's concerns include that these proposed changes would negatively impact underserved entrepreneurs in low and moderate income (LMI) communities and disincentive banks from making qualified smaller-dollar loans that are the lifeblood of small businesses. 

1,500 small businesses nationwide call on Congress to provide Main Street with cash assistance

domingo, marzo 22, 2020 | National
Attachment:
PDF icon Read the letter

A growing number of small businesses nationwide are calling on Congress and the Administration to provide a massive and bold stimulus package for Main Street. 

Small Business Majority calls on congressional leadership to allocate $250 billion in small business grant assistance in COVID-19 stimulus package

domingo, marzo 22, 2020 | National
Attachment:
PDF icon Read the Senate letter », PDF icon Read the House letter »

On March 22, Small Business Majority sent a letter to Senate and House leadership calling on Congress to provide immediate grant assistance to small businessses being harmed by COVID-19. 

COVID-19 and the impact to small business: Policy solutions to immediately support America’s job creators

jueves, marzo 12, 2020

As cases of COVID-19 continue to rise throughout the country, so does its impact on our economy. From stock market dips to decreased foot traffic in thriving neighborhoods, it's vital that our federal and state officials enact short and long-term policies that will offset these effects, particularly for our small business community, whose success is critical to our nation's economic health. Focusing on key policy issues will help support America's job creators. 

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Small Business Majority testifies in favor of the Colorado Affordable Health Care Option

jueves, marzo 12, 2020 | CO
Attachment:
PDF icon Read the testimony »

Colorado Director Hunter Railey testifed in support of the Colorado Affordable Health Care Option, which would ensure that Colorado's entrepreneurs and small business employees have access to more affordable health coverage choices, while also helping to control costs throughout the state. 

Small Business Majority opposes legislation expanding short-term health insurance

lunes, marzo 9, 2020 | IL
Attachment:
PDF icon Read the letter »

Small Business Majority submitted a letter of support to Chairman Gerg Harris (IL-D) on HB 4094, which would extend short-term, limited duration health insurance from the current 181 days to 365 days with the chance to renew coverage for up to three years.

Small Business Majority Supports Unitary Combined Reporting in Virginia

viernes, enero 31, 2020 | VA
Attachment:
PDF icon Small Business Majority Supports HB 1109.pdf

Small Business Majority submitted a letter of support to the House Committee on Finance on HB 1109, corporate income tax; combined reporting requirements; disclosures. Currently, many multi-state corporations are able to take advantage of accounting measures to reduce their state tax bills by shifting their profits to a state that tax it at lower rates, giving them an unfair advantage over small businesses. HB 1109 would level the playing field for small businesses in Virginia that are unable to use loopholes to lower their tax bills.

Small Business Majority Testifies on Limiting Short-Term Medical Plans

lunes, enero 27, 2020 | VA
Attachment:
PDF icon Small Business Majority support SB 404 .pdf

On January 27, 2020, Small Business Majority's Government Affairs Manager, Awesta Sarkash, testified before Virginia's Senate Committee on Commerce and Labor, in support of SB 404, health insurance; short-term limited-duration medical plans. Protecting the individual marketplace is important to entrepreneurs because many self-employed individuals and small business employees rely on the marketplace to purchase coverage.

Small Business Owner Supports Paid Family Leave in Virginia

lunes, enero 27, 2020 | VA
Attachment:
PDF icon SandraLeibowitz-Support-SB770.pdf, PDF icon SandraLeibowitz-Support-HB825.pdf

Today, Virginia small business owner, Sandra Leibowitz, submitted a letter of support for HB 825 and SB 770, paid family and medical leave program. Implementing this state-run leave program helps small businesses to compete with larger companies by retaining employees while allowing those who need time off to take it without worrying about the cost.

Small Business Majority Supports Refundable Tax Credit in Virginia

jueves, enero 23, 2020 | VA
Attachment:
PDF icon Small Business Majority Supports VA HB 1435.pdf

Small Business Majority submitted a letter of support to the House Finance Committee on HB 1435, a refundable earned income tax credit for low-income taxpayers. This bill would support entrepreneurs, as well as many low-wage small business employees, by allowing low-income individuals to claim more money. This would put money back into their pockets and help grow their businesses, as well as their customers and local economies. 

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