A group of Senate Democrats introduced legislation Tuesday to give small businesses owned by women and people of color greater access to capital through tax incentives.
The bill has gained early support from some small business groups, including the Main Street Alliance and the Small Business Majority.
Small Business News
04/20/2021 |
Accounting Today
04/20/2021 |
United States Senate Committee on Finance
John Arensmeyer, founder & CEO, Small Business Majority. “Even before the COVID-19 pandemic, women and people of color faced systemic barriers to launching and growing their businesses. Entrepreneurship has become even more challenging over the past year as women entrepreneurs and business owners of color have faced disproportionate impacts from the pandemic and greater challenges accessing capital," "In order to promote a more level playing field, we must address inequities in the tax code that are putting these entrepreneurs at a disadvantage.
04/15/2021 |
Representative Jimmy Gomez
Today, Congressman Jimmy Gomez (CA-34) introduced the For the 99.5% Act, legislation that would create a progressive estate tax on the top 0.5% of wealthy Americans. Senator Bernie Sanders (I-VT) introduced this bill in the United States Senate.
04/14/2021 |
Durango Herald
Small businesses across the state support the bill, according to Lindsey Vigoda, director of Small Business Majority, some because they can’t afford to offer decent (if any) health insurance to their employees. Other owners say they can’t attract top-notch workers because they can’t offer benefits competitive with those of larger companies. The Colorado Option might make that a little easier.
04/14/2021 |
Colorado Politics
As a small-business owner, a health-care professional, and someone with a pre-existing condition, I am deeply concerned about the rising costs of quality health care in Colorado. I know that most want to make better care at better prices a reality for more Coloradans, which is why I’m surprised that I have to defend legislation that would help more entrepreneurs access quality health care.
04/09/2021 |
Sacramento Business Journal
“The reality is that as much as most small businesses would love to rehire everyone they’ve let go over the last year, until their revenues return to some semblance of normal they just can't afford to hire more staff,” said Mark Herbert, California managing director or Small Business Majority, a national advocacy organization for small businesses, in an email. Stimulus checks and unemployment benefits help put money into the economy, which in turn can help small businesses, Herbert said.
04/09/2021 |
EIN Presswire
Other partner organizations have also joined the effort, including: Small Business Majority, NextGen Policy, California Small Business Development Center Network, California Women’s Business Center Network, Emerald Cities, Women’s Business Enterprise Council (WBEC-West & WBEC-Pacific), Bishop-Wisecarver, Western Region Minority Supplier Diversity Council (WRMSDC).
04/09/2021 |
Colorado Politics
On the other side, Good Business Colorado, which along with the Small Business Majority has 5,500 small business members, sent out a list of about 40 businesses that support HB 1232.
04/09/2021 |
Denver Channel
Some small business owners voiced their support for the bill during Friday’s hearing. The owner of Sazza Pizza and Salads in Greenwood Village, Jeff Rogoff, said that providing affordable and accessible health care would boost employee morale and retention and ultimately help the business’s bottom line.
04/07/2021 |
Morning Consult
Xiomara Peña, vice president for engagement at Small Business Majority, which represents more than 80,000 small businesses, said any guidance on vaccine passports should provide clarity on “practical implementation” and equity, given digital tools to show proof of vaccination may be inaccessible to some people. Asking businesses to enforce these types of requirements could also create “an extra burden” for them, she said.
