Policy Statements

On April 3, Small Business Majority sent a letter to Senate leadership in opposition to the budget framework released this week which keeps trillions of dollars in spending cuts on the table and provides for more than $5 trillion in tax cuts that will largely benefit wealthy individuals and large corporations at the expense of small businesses.

On April 2, 2025, California Director Bianca Blomquist testified to underscore the importance SB 362, a bill introduced by Chair Grayson that would strengthen California’s truth in lending laws by creating a more coherent disclosure framework resulting in small businesses receiving better information as they shop for loans.

On March 31, Small Business Majority submitted a response to the House Committee on Financial Services’ request for feedback on several pieces of legislation, including a bill to repeal Section 1071 of the Dodd-Frank Act which requires financial institutions to collect and report data on small business lending. Our response urges the Committee to reconsider any efforts to repeal 1071, emphasizing its critical role in enhancing transparency and competition in small business lending which will expand access to capital for minority- and rural-owned businesses.

On March 28, Small Business Majority Colorado Director Hunter Nelson sent a letter to the Colorado House in support of HB 25-1174. This legislation would establish reimbursement limits for prices paid to certain hospitals through the small group market, resulting in lower healthcare costs for small businesses in Colorado.