Policy Statements

Browse the full list of our regulatory comments and legislative testimony below, or filter by state or national to view our federal and state-based policy work.

Thursday, November 3, 2022 | National
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Today, Small Business Majority and 42 other business organizations submitted recommendations to the U.S. Department of Treasury concerning the distribution of funding for Technical Assistance (TA) programs and activities that support small business ecosystems.

Friday, August 5, 2022 | National
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Today, hundreds of small business owners and business organizations added their names to a letter urging Congress to pass the Inflation Reduction Act of 2022. The letter outlines how small businesses stand to benefit from the legislation, namely by improving access to healthcare, increasing tax enforcement on large corporations, and making meaningful climate change investments.

Thursday, July 28, 2022 | National
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Today, John Arensmeyer, CEO and founder, submitted a letter to Congressional leadership offering strong support for the Inflation Reduction Act of 2022. The Inflation Reduction Act's provisions would improve access to healthcare, increase tax enforcement on large corporations, and make meaningful climate change investments. 

Wednesday, July 27, 2022 | National
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Small Business Majority submitted a letter to the Board of Governors of the Federal Reserve System, Federal Deposit Insurance Corporation, and the Office of the Comptroller of the Currency regarding the proposed changes to the Community Reinvestment Act. We are pleased with the revisions made to the rule based on feedback from our organization and other stakeholders.

Friday, June 10, 2022 | National
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Today, John Arensmeyer submitted a letter to Chairwoman Waters (D-CA-29) and Ranking Member McHenry (R-NC-10) of the U.S. House Committee on Financial Services urging passage of HR 6814. The Small Business Fair Debt Collection Act extends protections under the Fair Debt Collection Practices Act (FDCPA) to small businesses with loans or obligations that are less than $2.5 million to ensure debt collectors have guardrails on what they can do to collect these debts.

Wednesday, June 8, 2022 | National

Today, John Arensmeyer testified before the U.S. Senate Committee on Small Business & Entrepreneurship at a hearing, "The Small Business Workforce Challenge: Causes, Impacts, and Solutions." More than two years into the pandemic, small businesses are slowly rebuilding but need a vibrant stable workforce to fully recover. Entrepreneurs, especially those in under-resourced communities, need an array of support to address labor shortages and ensure employees are able to come back to the workforce. Mr.

Monday, June 6, 2022 | National

Today, John Arensmeyer submitted comments on the notice of proposed rulemaking issued by the Internal Revenue Service, titled “Affordability of Employer Coverage for Family Members of Employees” (REG-114339-21). The proposed rule would amend the existing regulations regarding eligibility for the premium tax credit to provide that affordability of employer-sponsored minimum essential coverage (employer coverage) for family members of an employee is determined based on the employee's share of the cost of covering the employee and those family members, not the cost of cover

Monday, April 25, 2022 | National
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Today, Small Business Majority and more than 50 small business organizations sent a letter to Congressional leaders underscoring the importance to preserve the $10 billion allocated to the State Small Business Credit Initiative program. As representatives of small businesses around the country, our organizations know firsthand that access to capital can determine the success of any small business and that is why we rise to show our support for preserving a program that is instrumental in helping small business owners access much-needed capital.

 

Wednesday, April 6, 2022 | National
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On April 6, Small Business Majority submitted a letter to congressional leaders opposing pay-fors for the Bipartisan COVID Supplemental Appropriations Act. The Act rescinds dollars from key programs, including $900 million from the Economic Injury Disaster Loan Advance and nearly $2 billion from the State Small Business Credit Initiative. Rescinding these dollars undercuts the trajectory of the small buisness ecosystem during a time when small business owners are still struggling to keep their doors open. 

Wednesday, March 16, 2022 | National
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On March 16, LaJuanna Russell, founder and president of Business Management Associates, Inc. (BMA) and the Chair of the Board of Directors and a member of the Small Business Council for Small Business Majority, testified before the U.S. Select House Committee on Economic Disparity and Fairness in Growth about the critical role of entrepreneurship as a pathway to long-term financial stability and growth for Americans, as well as to discuss barriers to starting and sustaining small businesses.

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