National

On July 8, the Small Business Tax Reform Coalition (SBTRC), a joint initiative of Small Business Majority and Main Street Alliance, sent a letter to the House and Senate Financial Services and General Government Subcommittees, urging them to preserve robust funding for the Internal Revenue Service (IRS) in the FY 2026 appropriations bill.

On July 2, Small Business Majority submitted comments in response to the Consumer Financial Protection Bureau’s (CFPB) interim final rule to further extend compliance dates set forth in the small business lending data collection rule required under Section 1071 of the Dodd-Frank Act. Under the interim final rule, the collection of critical small business lending data by financial institutions will be further delayed until July 1, 2026.

On June 10, Small Business Majority and over 25 national and state organizations sent a letter urging the U.S. Senate to reject the nearly $800 billion in cuts to Medicaid outlined in the House-passed reconciliation bill which would strip coverage away from 7.8 million individuals. The letter emphasizes Medicaid's importance to the small business community and urges Congress to pursue alternative reforms, such as site-neutral payments, that would generate revenue without cutting individual coverage.

On May 29, Small Business Majority, alongside more than 30 state and national organizations, sent a letter to the House and Senate Appropriations Committees urging Congress to preserve robust funding for the Small Business Administration (SBA), Minority Business Development Agency (MBDA), and the CDFI Fund to ensure these agencies can continue effectively serving America’s 34 million small businesses.

On May 21, Small Business Majority submitted comments in response to the U.S. Department of Justice’s Anticompetitive Regulations Task Force invitation for public comments to identify regulations that raise barriers to competition for small businesses. Our comments underscore how a broader lack of regulation and antitrust enforcement has made it more difficult for small businesses to compete on a level playing field.

On May 13, Small Business Majority and the Small Business Tax Reform Coalition submitted a letter, signed by nearly 100 small business owners, to the House Committee on Ways & Means in support of the Mom and Pop Tax Relief Act (H.R. 3249). The bill would replace the existing 20% passthrough deduction under Section 199A with a simplified deduction of up to $25,000. The letter highlights how H.R.

On May 6, Small Business Majority and 20 state and national organizations representing small business interests sent a letter to the House Committee on Energy and Commerce, urging members to reject Medicaid cuts that would make it more difficult and costly for millions of small business owners and their employees to access affordable healthcare. The letter was sent ahead of the Committee’s reconciliation markup, where members will outline roughly $880 billion in spending cuts, including significant and harmful cuts to Medicaid.