The Future of America’s Small Family Farms

Dodd-Frank, Death Tax and the Regulatory Assault on Small Family Farms WASHINGTON – Small family farmers told the House Small Business Committee’s Subcommittee on Agriculture, Energy, and Trade today that capital access restrictions, the death tax and overregulation pose significant challenges to the future of America’s family farms. “Small farms have always been a part of our nation’s fabric, and it cannot be stressed enough that the small family farm is a small family business,” said Subcommittee on Agriculture, Energy, and Trade Chairman Ro... [...]

Making Washington Work for America’s Small Businesses

Small Business Owners Sound Off on Obamacare, Regulations, Taxes WASHINGTON – Today small business owners told the House Small Business Committee that Obamacare’s mandates, as well as overregulation and the current tax code, are having a devastating effect on their businesses, employees and customers. “These issues are important because too often, small businesses get the short end of the stick which is counterproductive to the economic health of our nation,” explained House Small Business Committee Chairman Chabot (R-Ohio). “This hearing is a... [...]

Chairman Chabot Hails House Passage of Small Business Health Fairness Act

WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) took to the House floor today in strong support of H.R. 1101, the Small Business Health Fairness Act. The measure was approved by a vote of 236 to 175 in the House and now advances to the U.S. Senate. VIDEO: Chairman Chabot Speaks in Support of H.R. 1101 “For virtually any one of us in this Chamber, it can be said that hundreds of thousands of our constituents depend on small businesses for their livelihoods. They’ve been looking to those same small businesses for option... [...]

Cafeteria Plans: A Menu of Non-Options for Small Business Owners

WASHINGTON – Experts told a Subcommittee of the House Small Business Committee today that millions of American small business owners and employees are barred from using a popular provision of the tax code that would enable them to save on important expenses such as insurance premiums, medical costs and dependent care. “Cafeteria plans are available across the board to large and mid-size companies, non-profits, schools, universities, and the federal government,” said Subcommittee on Economic Growth, Tax, and Capital Access Chairman Dave Brat (R-... [...]

Small Business Committee Examines SBA’s 7(a) Loan Program

Popular Program Helps Entrepreneurs Access Early Capital WASHINGTON – Today the House Small Business Committee’s Subcommittee on Investigations, Oversight and Regulations examined the successes of the U.S. Small Business Administration’s (SBA) 7(a) loan program, as well as potential opportunities to strengthen and improve the program. The 7(a) loan program is the SBA’s most common loan program, which made 64,000 loans in FY2015, totaling $24.1 billion. Today’s hearing was the first in a series of hearings and actions the Small Business Committe... [...]