Small Business Majority testifies about the new tax law's impact on small business
On May 23, CEO John Arensmeyer testified before a House Committee on Ways & Means subcommittee hearing to discuss how the new tax law fails to level the playing field for small businesses.
On June 19, the U.S. Department of Labor released a final rule authorizing the expansion of association health plans (AHPs), against the objections of Small Business Majority and countless healthcare organizations and providers who are concerned about a disruption in the small group market. The new rule will allow groups of business to band together to purchase insurance, which will be bad for small firms by leading to higher premiums, unbalanced risk pools and lower-quality insurance.
Read our full statement »On June 14, Small Business Majority filed an amicus brief urging the U.S. District Court for the Northern District of Texas to uphold the constitutionality of the Affordable Care Act (ACA), which is being challenged in Texas v. United States. The brief explains why we believe the healthcare law’s remaining components must be upheld to support the success of small businesses.
Read the amicus brief »Small Business Majority's St. Louis-based Missouri Outreach Manager Maximilianah Zales was recently selected to participate in the 43rd Leadership St. Louis class. The participants, selected as emerging leaders with a commitment to the St. Louis community, will participate in a nine-month program that will provide a deeper understanding of leadership approaches across a variety of sectors.
Read the release »On June 6, the U.S. Senate passed two bills, the Small Business Investment Opportunity Act and the Small Business 7(a) Lending Oversight Reform Act, which will both expand access to capital for small business by raising lending caps for SBA-administered lending programs. The bills now head to the president's desk for signature.
Read the release »On May 23, CEO John Arensmeyer testified before the House Committee on Ways & Means at a hearing about tax reform and small businesses. John spoke about the new tax law's impact on small businesses, and how the law fails to benefit small businesses or level the playing field with large corporations.
Read the testimony »On May 22, Small Business Majority released the results of a national scientific opinion poll that revealed small business owners believe commensense regulations are needed to ensure a modern, competitive economy. The poll also found current levels of regulation are not a top concern for our nation’s small business owners, and they do not support rolling back all federal regulations on businesses.
Read the report »On May 22, Small Business Majority Board Member Jessica Milano testified before the Joint Economic Committee about small businesses' views on regulations and the importance of access to responsible capital to support innovation and small business growth.
Read the testimony »On May 2, Small Business Majority released the results of a national scientific opinion poll that shed light on small business owners’ views regarding the small business lending landscape. The poll found 77% of small business owners are supportive of a policy that would lift a cap on credit union lending and an overwhelming 87% support a “truth in lending” act for small business loans to increase transparency.
Read the report »On April 24, we released the results of a national scientific opinion poll that found small business owners strongly oppose the repeal of rules enforcing net neutrality. According to the poll, 56% of small business owners oppose the FCC’s recent repeal of net neutrality rules, with nearly 4 in 10 (39%) strongly opposed.
Read the report »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.
Read the testimony »
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