On February 12, Small Business Majority penned a letter to Senate leaders to offer our strong support for key provisions in the stimulus package that are essential to our nation’s small businesses at this critical time.
On February 10, 2021, Small Business Majority submitted testimony in support of SB 58, which would create a state earned income tax credit (EITC) providing a much-needed boost to the state’s small business community.
Today, Small Business Majority submitted remarks to the House Committee on Finance during the Virginia Regular Session support SB 1146, which would provide up to $50,000 in deductions related to the Rebuild Virginia Grants and up to $50,000 for forgiven PPP loans. SB 1146 would create parity in how PPP funds are treated at both the federal and state level and would allow small businesses not to incur more debt during the pandemic.
Keeping kids engaged, curious and confident throughout virtual learning and lockdowns is a task many parents and schools have struggled with over the past 10 months. Fortunately, Virginia small business owner Ellen Victoria Luckey is well equipped to help her community tackle the issue.
Small Business Majority submitted a comment today on the State Small Business Credit Initiative (SSBCI) ahead of a House Committee on Financial Services subcommittee hearing about the program. SSBCI was a critical resource to strengthen state programs that support financing for small businesses across the country.
Nearly a year into the COVID-19
Today, Small Business Majority submitted a letter of support for HB 2174, which would establish an automatic enrollment payroll deduction individual retirement account (IRA) retirement savings program in Virginia. This would be an important step to support small business owners and their employees who are unable to access traditional retirement benefits.
When Dr. Shelley Cooper launched her telehealth consulting business Diversity Telehealth LLC in Kansas City, Mo. in 2015, she knew she’d face an uphill battle due to the nature of her work. “‘What is telehealth, and how does it work?’—Those are the questions I get all the time,” says Dr. Cooper. “But I’m here to tell you about the lifesaving benefits it can provide, and why you should care about it.”
Small Business Majority submitted written testimony during Virginia's General Session in support of HB 1787, which would establish an state income tax exclusion for Paycheck Protection Program (PPP) borrowers. Small Business Majority called on the House Committee on Finance to support the legislation as it would help small buisnesses by creating parity in how PPP funds are treated at the federal and state level.
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