More than 80 small business owners and advocates signed on to Small Business Majority's letter to California Governor Gavin Newsom in support of passing SB 33, which preserves a cornerstone of SB 1235 by requiring APR disclosure for all commercial financing products. These protections were set to expire in 2024, but SB 33 will eliminate the sunset date and guarantee continued transparency for businesses.
Policy Statements
Today, John Arensmeyer, Founder and CEO, submitted a comment to the Federal Register on The Department of Justice (DOJ) and the Federal Trade Commission's (FTC) joint 2023 Draft Merger Guidelines. Robust market competition is essential to a thriving small business ecosystem. A level playing field can boost healthy competition between small and large businesses. This promotes more competitive prices and business terms, as small firms are regularly buying from and selling to larger companies.
On August 22, Small Business Majority sent a letter to Senator Tim Scott urging him to co-sponsor the bipartisan Small Business Technological Advancement Act, which would help ensure that America’s small businesses have the cutting-edge digital resources they need to compete domestically and to guarantee they will operate with a global advantage against large competitors.
Small Business Majority writes in support of AB 716 (Boerner Horvath), which will prevent consumers from being charged an out-of-network surprise bill for ground ambulance services, both emergency and non-emergency, and protect uninsured Californians from being charged inflated ambulance rates.
Small Business Majority submitted an amicus brief before the Delaware Supreme Court in response to a case regarding forfeiture-for-competition clauses (FFCs), which are similar to non-compete agreements. The brief explains how these types of agreements create barriers to entrepreneurship and make it harder for small employers to attract the best talent.
On August 1, Small Business Majority's Colorado Director Lindsey Vigoda testified before the Colorado Department of Labor & Employment, Division Family and Medical Leave Insurance, to provide comments on the Colorado Family and Medical Leave Insurance Program (FAMLI) rulemaking process, in particular the rules around self-employed enrollment. As we approach the 2024 FAMLI benefit rollout, it’s more important than ever to ensure the rules governing this critical program are inclusive, equitable and fair for Coloradans, especially for small business owners, their employees and t
On July 6, Small Business Majority's Colorado Director Lindsey Vigoda testified before the Colorado Division of Insurance to provide comments on the Colorado Option’s small group market premium reductions to ensure that health insurance carriers and hospitals are making all efforts to lower healthcare costs. This will greatly benefit Coloradans and small businesses and make healthcare more affordable for all.
On July 6, Small Business Majority, along with Good Business Colorado and local small business owners, sent a letter to the Colorado Division of Insurance urging them to address issues with key stakeholders in the Colorado Option to ensure they are participating in the premium rate reduction process.
Small Business Majority submitted testimony to the California Assembly Judiciary Committee in support of SB 33, which would protect SB 1235’s most critical protection: disclosure of the Annual Percentage Rate (APR).
On June 15, Small Business Majority and nearly 40 organizations in the small business ecosystem sent a letter to policymakers urging them to support the Small Business Lending Disclosure Act. This legislation would provide small businesses with transparent lending terms that protects them from hidden fees and undisclosed APR rates.