Small Business Majority has written in support of AB 2459, which would extend tax credits to individuals struggling to access affordable healthcare. Providing tax credits to help individuals unable to afford monthly healthcare premiums would help many of California’s small businesses, their employees and self-employed entrepreneurs.
California Policy Statements
On April 18, Small Business Majority CEO John Arensmeyer testified before the California Senate Committee on Banking and Financial Institutions in support of SB 1235, which would create regulations for new sources of alternative lending in California. The testimony explained that such regulation is widely supported by small business owners, as it would protect them from predatory lending practices.
California Director Mark Herbert testified before the Assembly Committee on Health to voice support for proactive solutions to ensure all of California’s small businesses and self-employed entrepreneurs have access to quality, affordable healthcare. AB 2459 would significantly improve affordability for thousands of middle-income individuals and families, including many entrepreneurs and small business employees.
Mark Herbert, California Director for Small Business Majority, testified in front of California's State Senate in support of SB 910, which would clarify that short-term limited duration health insurance cannot be sold in California and bolster health insurance markets. The legislation is meant to protect the robustness of the individual marketplace, which is vitally important for owners and employees of small businesses without group coverage, especially the roughly three million solo-entrepreneurs in California.
Small Business Majority voiced supports for California Bill SB 1021, which which would extend the cap on prescription drug copays indefinitely by eliminating sunset provisions on current law. The cap is currently set to expire in 2019.
Small Business Majority submitted a letter of support for California's Truth in Lending Act (SB 1235) under consideration by the California Senate. This bill would require standard disclosure methods for the terms of a loan offered to a business, allowing a small business owner to make a better informed decision about loan offers.
Mark Herbert, California Director for Small Business Majority, submitted a letter in support of the California Prompt Payment bill (AB 1552), which would require all public utilities to promptly pay vendors that submit valid invoices. Prompt payment measures such as this will help small businesses compete more effectively in bidding processes for contracts. The bill requires that public utilities will be required to pay vendor invoices within 30 days.
Small Business Majority submitted a letter in support of California's Health Care Market Fairness Act of 2017 (SB 538), which would lower costs and improve value for California's entrepreneurs and the more than six million Californians who work for small businesses. It seeks to ensure lower costs by changing hospital contracting practices.
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Small Business Majority submitted a letter to the California Assembly in support of California's Homemade Food Operartions Act (AB 626), which will help legitimize and create a legal framework for microenterprise home kitchen operations in the state. It will improve public health safeguards around the existing informal food economy by legalizing small-scale home food operations and ensuring health and safety standards. Finally, the bill will enable home cooks—mostly women, immigrants, and people of color—to use their skills to generate income.