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  • Chairman Chabot Says New Tax Withholding Guidance A Win For Small Business Employees
    Posted in Press Releases on January 18, 2018 | Preview rr

    WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement in response to the Treasury Department’s announcement of updated tax withholding tables following the Tax Cuts and Jobs Act: “We continue to see positive steps as a result of the Tax Cuts and Jobs Act. The IRS update of the withholding tables is another example of the law delivering for hardworking small business employees. This is in addition to the Tax Cuts and Jobs Act, which en... Read more

  • Engaging Energy: How the Energy Department is Helping Small Businesses
    Posted in Press Releases on January 18, 2018 | Preview rr

    WASHINGTON—Today, Subcommittee Chairman Rod Blum (R-IA) and the Subcommittee on Agriculture, Energy, and Trade heard from Charles R. Smith, the Director of the Office of Small and Disadvantaged Business Utilization (OSDBU) at the United States Department of Energy (DOE). “Small businesses are integral to the success of the DOE mission and the energy industry; however, the high cost and high technology required in the energy field often leaves small businesses struggling to compete with large cor... Read more

  • Strengthening SBA’s 7(a) Loan Program
    Posted in Press Releases on January 17, 2018 | Preview rr

    WASHINGTON—Today, Chairman Steve Chabot (R-OH) and the Committee on Small Business heard from a panel of key stakeholders about the Small Business Administration’s (SBA) 7(a) Loan Program and H.R. 4743, the Small Business 7(a) Lending Oversight Reform Act of 2018. “The economy is improving. Treasury numbers are moving in the right direction. The tax reform law is being implemented. However, we continue to see that lending and borrowing remain flat. This becomes more acute for the nation’s smalle... Read more

  • Chairman Chabot Responds To President’s Decision To Improve Rural Access to Broadband
    Posted in Press Releases on January 10, 2018 | Preview rr
    Tags: Rural America

    WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the President issued a Presidential Memorandum directing the Department of the Interior to increase access to broadband tower facilities and other assets to support rural broadband deployment and an Executive Order streamlining broadband infrastructure installation in federally owned buildings: “Traditionally, rural America has not kept pace with urban areas in large part bec... Read more

  • Bipartisan, Bicameral Small Business Committee Leaders Introduce Legislation Protecting Integrity of 7(a) Loan Program
    Posted in Press Releases on January 9, 2018 | Preview rr
    Tags: Access to Capital

    WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH), Senate Small Business and Entrepreneurship Committee Chairman Jim Risch (R-ID), and respective Ranking Members Nydia Velázquez (D-NY) and Jeanne Shaheen (D-NH) joined together to introduce the Small Business 7(a) Lending Oversight and Reform Act of 2018. This bipartisan, bicameral legislation will increase the Small Business Administration’s (SBA) oversight authority over the 7(a) Loan Program. “Many small busine... Read more

  • Chairman Chabot Responds to DOL’s Proposed Rule Expanding Access to Health Insurance for Small Businesses
    Posted in Press Releases on January 4, 2018 | Preview rr
    Tags: Taxes, Health, Oversight and Regulatory Reform

    WASHINGTON—Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the Department of Labor(DOL) published a proposed rule expanding the definition of “employer” to allow more small business employees and sole proprietors to access health insurance through Small Business Health Plans (also known as Association Health Plans): “While the tax reform package Congress passed and the President signed into law in December effectively ended the burdens... Read more

  • Chairman Steve Chabot Hails Passage of Historic Tax Reform
    Posted in Press Releases on December 19, 2017 | Preview rr

    WASHINGTON—Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement on the passage of the Tax Cuts and Jobs Act Conference Report: “It is a new day in America: from Cincinnati to Silicon Valley, hardworking families and the 29 million small businesses fueling our economy will see a real decrease in the taxes they pay and a growth in their paychecks,” said Chairman Chabot. “I am proud to have worked with our Republican majorities in the House and the ... Read more

  • Chairman Chabot Responds to NLRB Decision to Restore Joint Employer Definition
    Posted in Press Releases on December 18, 2017 | Preview rr
    Tags: Oversight and Regulatory Reform

    WASHINGTON – House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the National Labor Relations Board (NLRB) overruled the 2015 Browning-Ferris Industries decision and reinstated the prior joint-employer standard: “I commend the NLRB for its decision to restore the common sense definition of a joint employer that the Obama Administration reversed. The only way to ensure that this standard remains in place, and that small businesses have certainty t... Read more

  • Chairman Chabot Seeks Information from IRS on the Effect of Obamacare on Small Businesses
    Posted in Press Releases on December 14, 2017 | Preview rr
    Tags: Health

    WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) sent a letter to David Kautter, Acting Commissioner of the Internal Revenue Service (IRS), requesting more information about the IRS’s recent enforcement of the Affordable Care Act (ACA) employer mandate. While ACA exempted businesses with 50 or fewer employees from the employer mandate, businesses with 51 or more employees who work 30 or more hours a week were classified as applicable large employers and were... Read more

  • Chairman Chabot Applauds President Trump’s Signing of the NDAA
    Posted in Press Releases on December 12, 2017 | Preview rr

    WASHINGTON—Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after President Trump signed the Fiscal Year 2018 National Defense Authorization Act (NDAA) into law: “Today is a great day for our nation’s military and our nation’s entrepreneurs and innovators. I applaud the President for signing this overwhelmingly bipartisan bill that not only funds our military, but also is a win for America’s 29 million small businesses.” Some small business-f... Read more