House Passes Committee-Led Small Business Cybersecurity Bill

Bipartisan Measure Helps Protects Small Biz from Online Hackers WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-OH) today applauded House passage of H.R. 5064, the Improving Small Business Cyber Security Act of 2016, bipartisan legislation which gives small businesses access to additional tools, resources and expertise to help protect their sensitive electronic data from cyber-threats. “American small businesses are under cyberattack like never before,” said House Small Business Committee Chairman Steve Chabot (R-OH). “Smal... [...]

Chabot, Velázquez Ask for Explanation of 504 Loan Program Outages

WASHINGTON—Upon learning that the Small Business Administration’s (SBA) CDC/504 Loan Program has experienced outages for roughly one third of all business days since June, House Small Business Committee Chairman Steve Chabot (R-Ohio) and Ranking Member Nydia Velázquez (D-NY) have written to SBA Administrator Maria Contreras-Sweet seeking answers. The program, which is intended to promote local economic development by providing long-term fixed rate financing for small businesses, is handled through the Sacramento Loan Processing Center. The Hous... [...]

IRS Audits Target Small Businesses

Committee Spotlights Abusive IRS Tactics WASHINGTON – Today, Small Business Committee witnesses told Congress that increasingly aggressive audits by the Internal Revenue Service (IRS) are harming innocent small businesses, forcing some to close their doors entirely. “The IRS has an obligation to provide small businesses with clarity and to treat all taxpayers with fairness and respect,” said House Small Business Committee Chairman Steve Chabot (R-OH). “The agency has failed repeatedly in meeting this obligation to the people it is supposed to ... [...]

Obama Executive Orders: A Crushing Burden on Small Business

Small Contractors Say New Red Tape Pushing Them Out of Markets WASHINGTON – Today members of the small business community told Congress that President Obama’s executive orders are preventing small businesses from competing for federal contracts, raising costs for the taxpayers while killing jobs and economic growth. Today’s joint hearing of two subcommittees of the House Small Business Committee comes as House Republicans are offering a policy agenda to reduce the regulatory burden on small businesses as part of A Better Way to Grow our Econom... [...]

@HouseSmallBiz and #SubEnergyPower Press EPA on Rules Limiting Refrigerants

Chabot and Olson Concerned with proposed rule’s impact on American businesses and consumers WASHINGTON, DC – House Small Business Committee Chairman Steve Chabot (R-OH) and House Energy and Power Subcommittee Vice Chairman Pete Olson (R-TX)today sent a letter to Environmental Protection Agency (EPA) Administrator Gina McCarthy requesting information related to the legality, cost, and feasibility of the agency’s proposed rule restricting several hydrofluorocarbon (HFCs) refrigerants in residential refrigerators and other equipment. The rule is ... [...]