Today, CEO John Arensmeyer shared a letter with congressional leadership outlining key policy recommendations that must be included in the forthcoming human infrastructure package. These investments are critical because small businesses need more support to ensure a successful long-term recovery from the pandemic, and to promote a more resilient workforce and economy.
Colorado small business owner Alejandro Flores-Muñoz joined testified in favor of SB 21-199, which allows undocumented entrepreneurs to access certain business and professional licenses.
Small Business Majority welcomes the opportunity to comment on the advanced notice of proposed rulemaking issued by the Treasury Department’s Financial Crimes Enforcement Network (FinCEN), titled “Beneficial Ownership Information Reporting Requirements," regarding the implementation of the recently enacted Corporate Transparency Act of 2020 (CTA). An anti-money laundering measure, the CTA requires FinCEN to establish a secure, private database to which U.S. companies submit basic identifying information of their true, “beneficial” owners.
Today, John Arensmeyer submitted a letter to congressional House and Senate leadership outlining the key provisions in the American Families Plan that would support small businesses. Additionally, the letter provides recommendations for how to structure tax reforms to ensure they level the playing field for small businesses.
Founder and CEO, John Arensmeyer, submitted a letter to Senate leadership urging for the swift confirmation of President Biden's nominee for Deputy Secretary of the Department of Commerce, Don Graves.
Small Business Majority submitted testimony to the Senate State, Veterans, & Military Affairs Committee in suport of House Bill 21-1222, which would would classify child care homes as residences for purposes of licensure and local regulations.
Colorado Director Lindsey Vigoda and small business owner Alejandro Flores-Muñoz provided testimony on April 13 in support of SB 21-199, which will remove barriers to access certain public opportunities for undocumented entrepreneurs and support the immigrant small business community in Colorado.
Colorado Director Lindsey Vigoda testified to the Colorado House Business Affairs & Labor Committee in support of House Bill 21-1167, which would cap retainage for all public and private entities at 5% and allow small construction and subcontract firms to be more competitive against larger firms.
Today, Small Business Majority submitted a letter to the U.S. Senate Committee on Health, Education, Labor and Pensions urging for members to swiftly confirm Julie Su as President Biden's nominee for Deputy Secretary of Labor. Ms. Su is the current Secretary for the California Labor and Workforce Development Agency and has a distinguished career. Small Business Majority has worked closely with Secretary Su to support workforce issues in California, including the Future of Work Commission and the Employer Training Panel, which she oversaw.
Today, Small Business Majority submitted a letter calling on the Small Business Administration (SBA) to reopen the Paycheck Protection Program (PPP) for all self-employed individuals and sole proprietors who previously received PPP loan funds based on their net profits. PPP loans were originally calculated using net profits, which resulted in very low amounts after accounting for business deductions.