Small Business Majority writes in support of AB 1309, which would extend California’s open enrollment period by two additional weeks. The legislation would help more Californians, including many small business owners and their employees, enroll in healthcare coverage.
Small Business Majority writes in support of AB 929, which would require that current data reporting on health plan cost, quality and outcome required by Covered California be made publicly available. Making this data publicly available would increase transparency about healthcare costs and outcomes that would further efforts to improve affordability and quality of existing healthcare options for all Californians, including many entrepreneurs and small business employees.
Small Business Majority writes in opposition to HB 2042, which would extend short-term, limited duration health insurance from the current 181 days to 366 days. We believe this legislation would help undermine a robust individual marketplace, which is vitally important for owners and employees of small businesses without group coverage, especially the roughly one million solo-entrepreneurs in Illinois.
Colorado Director Hunter Railey testifies in support of HB19-1164, which would expand the child tax credit. Expanding the child tax credit is an investment in Colorado’s working families, including small businesses. It will help grow the economy and improve long-term financial wellness for thousands throughout the state.
Colorado Director Hunter Railey testified in opposition to HB19-1058. Unlike the previously proposed FAMLI Act, HB19-1058 would not do enough to make accessing paid family and medical leave affordable for most small business owners and their employees. Additionally, it would not do enough to increase access for moderate- and low-income workers who already struggle to save for emergencies or retirement.
On December 28, Small Business Majority submitted comments to the Internal Revenue Service regarding proposed regulations for the operation of Opportunity Zones, a new program designed to increase investment in low- and moderate-income communities. Small Business Majority's comments emphasized the need for improvements to the regulations to ensure they benefit Main Street small businesses.
On November 14, Small Business Majority submitted comments to the Office of Comptroller of the Currency regarding a proposed rule amending regulations for the Community Reinvestment Act. The letter provides feedback and suggestions to strengthen the proposed rule in order to better stimulate small business lending.
WRITTEN STATEMENT BEFORE THE HOUSE COMMITTEE ON WAYS AND MEANS TAX POLICY SUBCOMMITTEE HEARING ON
“TAX REFORM AND SMALL BUSINESSES: GROWING OUR ECONOMY AND CREATING JOBS”
May 23, 2018
John Arensmeyer, Founder & CEO
Small Business Majority
Testimony before the Joint Economic Committee Hearing on “Breaking through the Regulatory Barrier: What Red Tape Means for the Innovation Economy”
May 22, 2018
Jessica A. Milano
Former Deputy Assistant Secretary for Small Business, Community Development, and Housing Policy
U.S. Department of the Treasury
Small Business Majority writes in support of California's Angel Investor Bill, AB 2758. The legislation would would support qualifiying small businesses struggling to find financing by creating a tax credit of 5% to angel investors that invest in businesses with less than $2 million in gross receipts. Additionally, the legislation prioritizes investor applications from those investing in traditionally underrepresented businesses.