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  • Cafeteria Plans: A Menu of Non-Options for Small Business Owners
    Posted in Press Releases on March 16, 2017 | Preview rr
    Tags: Taxes

    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 Grow... Read more

  • Small Business Committee Examines SBA’s 7(a) Loan Program
    Posted in Press Releases on March 9, 2017 | Preview rr
    Tags: Access to Capital, Regulatory Reform / Regulations, Oversight

    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 o... Read more

  • Small Business Cybersecurity: Coordinating Federal Resources
    Posted in Press Releases on March 8, 2017 | Preview rr
    Tags: Technology

    60% of Small Businesses Close Within Six Months of a Cyber Attack WASHINGTON – Experts told the House Small Business Committee today that the federal government must do a better job coordinating federal resources to protect America’s 28 million small businesses from growing and varied cybersecurity threats. “A cyber attack can have serious consequences, not only for small businesses, but also their customers, employees, and business partners,” said Chairman Chabot. “Sixty percent of small busine... Read more

  • Chabot Statement on ZTE’s $1 Billion Settlement
    Posted in Press Releases on March 7, 2017 | Preview rr
    Tags: International Trade, Technology

    Small Business Cybersecurity Hearing Set for TOMORROW WASHINGTON – House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement on the announcement that a Chinese cellphone equipment company will plead guilty to charges that it violated sanctions restricting technology sales to Iran. The announcement from the Departments of Commerce and Justice that the company, ZTE, will pay a $1 billion settlement to the U.S. government comes the day before the Small Business Comm... Read more

  • Blacklisting Rule Reversal Clears Senate
    Posted in Press Releases on March 6, 2017 | Preview rr

    Measure to Undo Obama-Era Rule Heads to President Trump's Desk WASHINGTON- House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement after the U.S. Senate voted to pass H.J. Res 37, agreeing with the House’s disapproval of the Obama Administration’s controversial “blacklisting” rule which barred many small businesses from competing for federal contracts. "When the federal government contracts with small businesses, the American taxpayer saves money and communiti... Read more

  • Learning from History: Committee Examines HUBZone Program @ 20
    Posted in Press Releases on March 2, 2017 | Preview rr
    Tags: Contracting

    WASHINGTON – As the Small Business Administration’s Historically Underutilized Business Zones (HUBZone) program approaches the 20 year anniversary of its establishment, experts told the House Small Business Committee’s Subcommittee on Contracting and Workforce today that the program faces significant challenges with certification and reporting. “When the HUBZone Program was first established, its goal was to create hope for ‘hundreds of thousands of underemployed or unemployed who long ago thoug... Read more

  • Small Business Committee Approves FY 2018 Views and Estimates
    Posted in Press Releases on March 1, 2017 | Preview rr
    Tags: Regulatory Reform / Regulations, Oversight

    WASHINGTON—Today, the House Small Business Committee unanimously approved its Views and Estimates for the FY 2018 budget. The Views and Estimates markup is an important step in the budget process in which House Committees set the funding priorities for the federal agencies within their jurisdiction. “Over the past several years, this Committee has identified numerous issues that have prevented the SBA from playing its vital role in helping small businesses grow our economy,” said Chairman Chabot... Read more

  • Chairman Chabot Statement on House Action to Overturn Obama-era DOL Rule
    Posted in Press Releases on March 1, 2017 | Preview rr
    Tags: Regulatory Reform / Regulations, Workplace Issues

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement on House Passage of H.J.Res. 83,a measure which would block implementation of the Occupational Safety and Health Administration’s controversial “Volks” rule: “As with so many of the Obama-era regulations, small businesses were hit worst and first by the OSHA power grab known as the “Volks” rule. This sweeping new rule not only failed to improve the health and safety of Americans who work for ... Read more

  • Chairman Chabot Statement on Senate Confirmation of Wilbur Ross as Commerce Secretary
    Posted in Press Releases on February 28, 2017 | Preview rr

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement after the U.S. Senate confirmed Wilbur Ross as the 39th Secretary of Commerce. “I congratulate Mr. Ross on his confirmation as Commerce Secretary and look forward to working with him to craft pro-growth policies that will open new doors for America’s entrepreneurs,” said Chairman Chabot. “From infrastructure to innovation, the Commerce Department has wide-ranging jurisdiction over a number of ... Read more

  • Chairman Chabot Statement on President Trump’s WOTUS Executive Action
    Posted in Press Releases on February 28, 2017 | Preview rr

    WASHINGTON - House Small Business Committee Chairman Steve Chabot (R-Ohio) made the following statement on President Donald J. Trump’s executive action reviewing the Obama administration’s Waters of the United States (WOTUS) rule: “Over the past several years, our Committee has been laser-focused on cutting unnecessary government red tape that burdens America’s small businesses. Through this effort, we have found that few rules have been as far-reaching and devastating to small businesses as the... Read more