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  • Do Small Businesses Need Insurance for Cyber Attacks?
    Posted in Press Releases on July 26, 2017 | Preview rr

    WASHINGTON – Today, the House Committee on Small Business heard from a panel of experts on how cybersecurity insurance solutions can help small businesses recover from a cyber attack. They also took a closer look at the challenges small businesses may face in selecting a cybersecurity insurance policy and how insurers can make it a more affordable option for small companies trying to grow and protect themselves. “One case in particular that stands out is the story of a small business owner who t... Read more

  • Chairman Chabot Applauds the Department of Labor Taking First Steps to Address Harmful Overtime Rule
    Posted in Press Releases on July 26, 2017 | Preview rr
    Tags: Oversight and Regulatory Reform, Workplace Issues

    WASHINGTON – This week, the Department of Labor invited stakeholders to submit public comments on the overtime rule. The rule, put in place by the Department of Labor during the Obama Administration in May 2016, was delayed by a federal judge in December 2016. The public will have 60 days to comment whether the rule will have an adverse effect on low-wage regions and industries. House Small Business Committee Chairman Steve Chabot (R-OH) released the following statement following this news: “Thi... Read more

  • Chairman Chabot: Tax Reform is Critical for Small Businesses
    Posted in Press Releases on July 25, 2017 | Preview rr
    Tags: Taxes

    WASHINGTON –This week, House Small Business Committee Chairman Steve Chabot sent a letter to Chairman Peter Roskam, Chairman of the Ways and Means Subcommittee on Tax Policy following their hearing titled, “How Tax Reform Will Help America’s Small Businesses Grow and Create New Jobs.” “I believe that it is imperative for small businesses to have a seat at the table and a voice in the largest tax reform effort in 31 years. As the House Ways and Means Committee continues to discuss tax reform, I k... Read more

  • House Passes Small Business Committee Bills to Increase Access to Capital
    Posted in Press Releases on July 24, 2017 | Preview rr
    Tags: Access to Capital

    WASHINGTON – Today, the House passed three bipartisan House Small Business Committee Member bills to increase access to capital and improve the lending environment for our nation’s small businesses. All three bills were introduced by Members of the House Committee on Small Business and will move to the Senate for consideration. “Access to capital continues to be a major problem for small business owners who want to start or grow their company. These three bills are another way the Small Business... Read more

  • No Place Too Far for Telemedicine
    Posted in Press Releases on July 20, 2017 | Preview rr
    Tags: Health, Rural America, Technology

    WASHINGTON – Today, Members of the House Small Business Subcommittees on Agriculture, Energy and Trade and Health and Technology heard from leading pioneers in the telehealth industry. They discussed the current use of telehealth services and how expansion can benefit small businesses and rural communities. “While twenty percent of Americans live in rural areas, only nine percent of physicians practice there,” said Agriculture, Energy, and Trade Subcommittee Chairman Rod Blum (R-IA). “Telehealth... Read more

  • How Can We Reverse the Entrepreneurship Decline?
    Posted in Press Releases on July 19, 2017 | Preview rr
    Tags: Taxes, Access to Capital, Oversight and Regulatory Reform

    WASHINGTON – Today, the House Small Business Committee heard from industry experts on the challenges facing entrepreneurs and how the success of our small businesses have a major effect on the strength of our economy. “New and small businesses create the majority of our nation’s jobs and spur innovation. However, since the Great Recession, there has been a significant decline in entrepreneurship, which may in part explain the slow economic growth experienced in America today,” said House Small B... Read more

  • Key Lawmakers Move to Improve HUBZone Program
    Posted in Press Releases on July 19, 2017 | Preview rr
    Tags: Rural America, Contracting

    Washington, DC – Bipartisan leadership of the House Small Business Committee today unveiled legislation to improve and reform the Historically Underutilized Business Zone Program (HUBZone), a procurement initiative that provides federal assistance to firms in economically distressed areas. Created in 1998, the HUBZone helps small companies in these areas to do business with the federal government. The program is overseen by the Small Business Administration (SBA). H.R. 3294, the HUBZONE Unificat... Read more

  • House Passes NDAA with Small Business Reforms
    Posted in Press Releases on July 14, 2017 | Preview rr
    Tags: Access to Capital, Contracting

    WASHINGTON - Today, the House passed H.R. 2810, the FY2018 National Defense Authorization Act (NDAA), which includes small business contracting reforms and entrepreneurial development provisions introduced by the House Small Business Committee. The NDAA included two House Small Business Committee bills, H.R. 1773, the Clarity for America’s Small Contractors Act of 2017, introduced by Chairman Steve Chabot (R-OH) and H.R. 1774, the Developing the Next Generation of Small Business Act of 2017, int... Read more

  • PROMESA: State of Small Business Contracting
    Posted in Press Releases on July 13, 2017 | Preview rr
    Tags: Contracting

    WASHINGTON – Today, Members of the House Small Business Subcommittee on Contracting and Workforce and Subcommittee on Economic Growth, Tax, and Capital Access heard from officials from the Government Accountability Office (GAO) and the Small Business Administration (SBA) regarding small business federal contracting provisions in the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA). Witnesses discussed trends in the SBA’s contracting programs found in a recent GAO report. “... Read more

  • Chairman Chabot: Tax Reform Critical for Small Businesses
    Posted in Press Releases on July 13, 2017 | Preview rr

    WASHINGTON – Today, Chairman Chabot applauded the Ways and Means Committee for holding a hearing to examine how tax reform will help small businesses grow and create new jobs. “As Chairman of the House Small Business Committee, I regularly hear from small businesses across the country about their constant struggle with trying to comply with our nation’s tax laws. They’re confusing. They’re complicated. And they’re costly,” said Chairman Chabot (R-OH). The House Small Business Committee has made ... Read more