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 December 26, Small Business Majority submitted comments to the U.S. Departments of the Treasury, Labor and Health and Human Services regarding proposed changes to regulations governing the use of health reimbursement arrangements (HRA). The comments argued that HRAs should not be expanded to allow for use in purchasing coverage through association health plans (AHPs) or short-term insurance plans, as these plans do not offer quality coverage and destablize insurance marketplace for other small business owners and their employees.
We are proud of our work this year serving small businesses and independent entrepreneurs. As we prepare to expand this work in 2019, we’re taking time to reflect on our successes over the last year.
This was certainly a year of expansion for Small Business Majority. We worked hard to bring new resources to underserved communities and supported new policies that will benefit small business owners. Here are six of our biggest accomplishments in 2018:
Sponsored by Sen. Kirsten Gillibrand (D-N.Y.) and Rep. Rosa DeLauro (D-Conn.), the proposed Family and Medical Leave Insurance (FAMILY) Act would create an insurance program enabling workers to take up to 12 weeks of paid time away from work in order to care for a loved one or bond with a new child.
This document is intended to answer any questions small employers might have about the proposed program and its effects on small business owners and their workers.
Our educational video series, Small Business Financing 101 & Small Business Retirement 101, provides quick answers to several frequently asked questions about accessing capital and saving for retirement.
The videos feature short 2-3 minute tutorials on topics such as key questions to consider before taking out a loan, the pros and cons of online lending and common workplace-based retirement plans.
Open enrollment to purchase health insurance plans for 2019 through the Affordable Care Act (ACA) individual marketplaces has started. This open enrollment season, we are partnering with Fiverr and Postmates to highlight the importance of enrolling and share important resources to help you get covered. Fiverr, Postmates and Small Business Majority are coordinating marketing and educational efforts to engage independent workers, remind them of important deadlines and promote resources that can help you navigate your options.
This Saturday, November 24, is Small Business Saturday! It’s a great occasion to kick off your holiday marketing and get customers in the door. While small businesses may not have access to expensive marketing gimmicks, you can make up for it in creativity and excellent customer service, and utilize the many resources available to small business owners.
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
On October 3, Small Business Majority CEO John Arensmeyer testified before the U.S. Senate Committee on Small Business and Entrepreneurship on "Expanding Opportunities for Small Businesses Through the Tax Code." The testimony offered proactive solutions for tax reform to encourage entrepreneurs to start and grow their businesses, including ways the Opportunity Zones program can be targeted to benefit small businesses.
Small Business Majority CEO John Arensmeyer testifies before the U.S. House Subcommittee on Health, Employment, Labor, and Pensions on how the U.S. Department of Labor's proposed changes to association health plans could hurt the small group market for health insurance.