House Small Business Committee
WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement to recognize October as National Cyber Security Awareness Month:
“Digital technology allows small businesses to sell their products and services all over the world and plays a vital role in our nation’s economy. With 81 percent of small businesses concerned by a potential cyber-attack, but only 63 percent having the most basic cybersecurity measures in place, it’s imperative we are vigilant about leveraging resources to protect small businesses owners and their intellectual property.”
This year, the House Committee on Small Business held several hearings to examine how small business owners are confronting cyber threats from numerous bad actors. In addition to phishing scams and ransomware attacks, one of the most significant cyber threats small business owners face is the theft of intellectual property through cyberespionage. Small businesses are often the most underequipped participants in high-tech supply changes, making them the biggest targets for cyber-attacks. Earlier this year, Chairman Chabot introduced H.R. 4668, the Small Business Advanced Cybersecurity Enhancements Act of 2017 in an effort to help small businesses respond to cyber-attacks more effectively.
Additionally, H.R. 3170, the Small Business Development Center Cyber Training Act of 2017, led by Chairman Chabot, passed the House on May 8, 2018. This legislation would provide cyber certification for Small Business Development Center counselors.
WASHINGTON – This week, President Trump signed S. 791, the Small Business Innovation Protection Act of 2017, into law. This bipartisan, bicameral legislation is the Senate companion bill to H.R. 2655, which passed the House in July and was led by Rep. Dwight Evans (D-PA) and Rep. Brian Fitzpatrick (R-PA). The Small Business Innovation Protection Act will expand intellectual property education and training for small businesses by establishing a partnership between the United States Small Business Administration and the United States Patent and Trademark Office. The partnership will leverage existing outreach programs at the agencies to educate more small businesses on domestic and international intellectual property protections. This bill passed both the House and Senate unanimously and was signed into law by President Trump on Tuesday, October 9, 2018.
Chairman Steve Chabot (R-OH) released the following statement:
“With the United States being the largest technology market in the world, intellectual property plays a critical role in protecting creative and innovative products both in the United States and abroad. In fact, America’s intellectual property is worth $6.6 trillion, and intellectual property-intensive industries employ over 45 million Americans. Cyber security protections for small businesses are essential, and I am pleased the President has signed this important legislation. What’s more, I’m proud this new law will utilize existing resources within the federal government to better assist small businesses with intellectual property issues. I thank President Trump for signing this critical piece of legislation into law to protect small businesses and the millions of Americans they employ.”
Additionally, on Thursday, October 11, 2018, H.R. 6758, the Study Underrepresented Classes Chasing Engineering and Science Success Act of 2018, or the SUCCESS Act, passed the Senate by unanimous consent. This bipartisan legislation led by Chairman Chabot encourages woman, minority, and veteran entrepreneurship by studying their use of the United States Patent and Trademark Office and investigates ways to increase their access to patents. Further, the bill extends the United States Patent and Trademark Office’s fee setting authority for eight years.
WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) wrote an op-ed for the Cincinnati Enquirer on how the opioid crisis is affecting small businesses and how the Committee is addressing this important issue.
“... According to a survey by the National Federation of Independent Business (NFIB), small business optimism is at a 45-year high. But they have also expressed concern over a new problem: a lack of qualified workers.
“While this may be due to a number of different factors, research today shows that many young, working-age Americans are not working or actively seeking work as a direct result of opioids. As I learned at a recent hearing we held, small business owners are doing their part to combat the crisis, not just for their bottom lines, but to save people’s lives…
“Not surprisingly, the crisis has had a major effect on small businesses. Workers on opioids are less dependable and productive. In 2015, an estimated two million workers were not in the labor force due to opioids. Small businesses, especially those in the construction and manufacturing sectors, have been hit hard as opioid prescription use is typically 5-10 percent higher in these industries.
“But some small business owners have taken it upon themselves to fight the epidemic… The Ohio SBDC created a workshop to equip small business employers and employees with the information and tools they need to take a proactive role against the epidemic. The Ohio Bureau of Worker’s Compensation also offers free Drug Free Workplace Training that includes employee education, testing for drug use, and how to respond to an employee’s harmful use of drugs.
“While the opioid crisis is taking a hit on our nation’s small businesses, we at the committee will continue to pursue solutions that work for our nation’s small business owners and their employees. Allen likes to say that "a job is the best antidote," and I’d have to agree – that’s why small businesses like hers are so important to overcoming this terrible epidemic.
“My hope is that through practical solutions and a little compassion, we can help small businesses find and retain qualified workers, and more importantly, save peoples’ lives.”To read the FULL article, click here.
WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the United States Department of Labor reported that 134,000 jobs were added in September with unemployment hitting a 49-year low at 3.7 percent. In addition, the National Federation of Independent Business (NFIB) reported that 37 percent of firms are offering higher compensation in September, which is further underscored by the 2.8 percent wage increase generated in 2017.
"It’s great to see the accelerated growth our economy is undergoing with the continued positive effects of our pro-growth policies in full swing. With unemployment the lowest it’s been since 1969 and over 1.8 million jobs created since the Tax Cuts and Jobs Act was signed into law, we’re clearly headed in the right direction. Not only are there more job openings, but a record number of small business owners are increasing wages to attract and retain more employees. This good news will bode well for those seeking employment, and I look forward to seeing this momentum continue.”
October is National Women’s Small Business Month. The Committee on Small Business celebrates all entrepreneurs and wants to take time to recognize the 11.3 million women-owned businesses in the United States, which support almost 9 million jobs. Women-owned businesses generate $1.6 trillion in annual revenue and are starting five times faster than the national average. This is good news for our economic landscape.
In celebration of National Women’s Small Business Month, Chairman Chabot (R-OH) released the following statement:
“National Women’s Small Business Month is a time to recognize the achievements and advancements of women entrepreneurs, businesswomen, and leaders. Women owned small businesses comprise about 40 percent of the total businesses in the United States, and this number continues to grow. As the Small Business Committee Chairman, I look forward to seeing continued expansion of woman-owned small businesses, and barriers to entry consistently broken.”
The Committee on Small Business will meet for a hearing titled, “21st Century Telecom: Is the FCC Addressing Small Business Concerns?” The hearing is scheduled to begin at 11:00 A.M. on Tuesday, October 2, 2018 in Room 2360 of the Rayburn House Office Building.
The hearing will explore the Federal Communications Commission’s response to the telecommunications needs of small businesses. Specifically, the hearing will address issues such as rural broadband deployment, access to spectrum, regulatory reform, and the opportunities of 5G.Attachments
1. Hearing Notice
2. Witness List
The Honorable Ajit Pai
United States Federal Communications Commission
WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) spoke on the House floor in support of H.R. 6760, the Protecting Family and Small Business Tax Cuts Act, which will greatly benefit America’s small businesses, entrepreneurs, and startups.
Click here to watch the video online.
As Prepared for Delivery:
“Mr. Speaker, I rise in support of H.R. 6760, the Protecting Family and Small Business Tax Cuts Act.
“As Chairman of the Small Business Committee, I have closely examined the effects the Tax Cuts and Jobs Act has had on small businesses, startups, and entrepreneurs.
“From a Small Business Committee hearing that I chaired in July that reviewed the impact of the new law on Main Street companies to the many small business optimism surveys that are published on a monthly basis, the results are in, and they are positive for our nation’s 30 million small businesses.
“The tax cuts have provided small businesses with the opportunity to invest in their workers, invest in their companies, and invest in their dreams.
“A small business in my district in southern Ohio recently testified that ‘the recent tax reduction in and of itself will have a positive impact on our employees and our business in 2018 and beyond.’
“The shops on Main Street are transforming our communities and neighborhoods with job growth and business expansion.
“With our economic engine starting to rev, Congress must take the next step in the tax debate, which is making the cuts for the nation’s job creators permanent.
“H.R. 6760 does just this by providing certainty and stability for small businesses and their employees.
“Making Section 199a, the small business pass-through provision, stronger, will be a benefit to small businesses from Ohio to the nation’s coasts.
“I applaud the work of Mr. Davis and all of the Members of the Ways and Means Committee to ensure the nation’s smallest firms are front and center in this important debate.
“When the nation’s small businesses, entrepreneurs, and startups are thriving, so is our economy.
“I urge my colleagues to support H.R. 6760.”
The Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access will meet for a hearing titled, “The Local Impact of Economic Growth.” The hearing is scheduled to begin at 10:00 A.M. on Thursday, September 27, 2018 in Room 2360 of the Rayburn House Office Building.
The Subcommittee will examine how the recent economic expansion is affecting minority-owned small businesses. This hearing will have a particular focus on how regulatory and tax changes have renewed small business optimism and benefited small business owners.Attachments
1. Hearing Notice
2. Witness List
Mr. Larry Lopez
Green JobWorks LLC
*Testifying on behalf of Associated Builders and Contractors
Mr. Mansour Azimipour
A&K Development Corporation
Locust Grove, VA
Ms. Brenda Jones Barwick
President and CEO
Jones Public Relations
Oklahoma City, OK
*Testifying on behalf of Women Impacting Public Policy
Ms. Valarie J. Cofield
President and CEO
Eastern Minority Supplier Development Council
WASHINGTON – Today, the House Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access held a hearing to examine how the recent economic expansion is affecting minority-owned small businesses. The hearing focused on how regulatory and tax changes have renewed small business optimism and benefited small business owners.
“This morning we had an excellent panel to discuss how the recent surge in economic growth, and the policies enacted this Congress, have impacted minority-owned small businesses. By hearing their stories, we hope to further understand how Congress can continue to promote pro-growth policies to help small businesses of all industries and backgrounds. Minority-owned small businesses are growing faster than the national average, and their impact will continue to grow even greater in the years to come,” said Subcommittee Chairman Dave Brat (R-VA).
Entrepreneurs Experiences in Economic Growth
“Small business owner takes risks unlike almost any other component of our economy,” said Mansour Azimipour, Founder and President of A&K Development Corp. “In Orange County, Virginia where I am a business owner, we have about 900 employers. Over 90% of them employ less than 20 people. But that represents nearly 30% of the entire workforce. At the local level, the financial stability of community and sensitivity to the impact of rules and regulations are helping create an environment that encourages investments by small business owners. In the last 24 months, we have 85 new starts up companies.”
“Today’s hearing is focused on the local impact of public policies made in Washington,” said Brenda Jones Barwick, President and CEO of Jones Public Relations, Inc. “It is my experience that it makes all the difference in the world. Tax policy, for example, affects every business in America. Recognizing small businesses as entities that need different rules and regulations than large companies is key to our success. My company is organized as an S Corp and I have recognized a substantial benefit in the new lower tax rate. This change has allowed me to pay bonuses, hire more personnel and increase salaries up to 10% for all employees.”
“While it has been challenging recently to find qualified labor to hire and provide to clients, Green JobWorks is being proactive and setting ourselves apart as an industry leader by developing a process to attract workers in a competitive market,” said Larry Lopez, President of Green JobWorks LLC. “This process and my company’s recent growth are in large part attributable to the impact of policies such as H.R. 1, the Tax Cuts and Jobs Act.”
The Committee on Small Business Subcommittee on Contracting and Workforce will meet for a hearing titled, “Troubled Skies: The Aviation Workforce Shortage's Impact on Small Businesses.” The hearing is scheduled to begin at 10:00 A.M. on September 26, 2018 in Room 2360 of the Rayburn House Office Building.
The purpose of this Subcommittee hearing is to examine the pilot and mechanic shortage in the aviation industry, in the context of small businesses. A confluence of factors has led to a widening gap between pilots and aviation mechanics leaving and entering the workforce. While the shortage has been widely documented and covered by business experts and journalists, the impact to small businesses operating as part of this pipeline remain unexamined. The hearing will allow the Subcommittee to receive testimony on the negative effects of this aviation workforce shortage on small businesses across the country and identify potential solutions that may help reverse this decline.
1. Hearing Notice
2. Witness List
Mr. Brett Levanto
Vice President of Communications
Aeronautical Repair Station Association
Mr. Jay Mercer
Golden State Air Charter, LLC
Ms. Sarah Oberman Bartush
Chief Marketing Officer & Director of Business Development
WASHINGTON – Today, the House Committee on Small Business Subcommittee on Contracting and Workforce held a hearing to examine the pilot and mechanic shortage in the aviation industry, specifically within small businesses. While the shortage has been widely documented, the impact to small firms operating as part of this pipeline remains unexamined.
“With airlines growing and their need for pilots and mechanics ever increasing, small businesses are particularly vulnerable to losing their workforce at a faster rate than their competitors. The point of this hearing is to hear the stories of those who have boots on the ground, and to also inform those who are entering the workforce that aviation is a viable option for their future. Our economy needs pilots and mechanics and our witnesses are here to tell you that they are hiring people like you, right now,” said Subcommittee Chairman Steve Knight (R-CA).
Witness Testimony: Addressing the Aviation Workforce Shortage First-Hand
“Recruiting and retaining the next generation of aviation professionals is the most pressing strategic challenge facing the aviation maintenance community,” said Brett Levanto, Vice President of Communications for Aeronautical Repair Station Association. “Indeed, technical skills development is a long-term threat to the health of every industry dependent on design, construction and maintenance capabilities. For aviation businesses – large and small – the development, production, operation and maintenance of the world’s safest transportation system depends on a skilled, dedicated and knowledgeable workforce that is personally invested for the long term.”
“Despite the growing passenger levels we have been experiencing in Cedar Rapids/Iowa City, many other small communities around the country have been less fortunate,” said Martin Lenss, Airport Director of Eastern Iowa Airport. “Between July 2013 and July 2018, 37 airports in the continental U.S. lost all commercial air service. In addition, 26 communities lost 75 percent of their air service. These, and numerous other data points, tell us we have a real and growing pilot supply issue that threatens to leave more communities with fewer commercial airline options. The most at-risk in facing this challenge are the regional airlines and the communities across the U.S. they serve.”
“There may never be a better time to become a commercial pilot and pursue a career in aviation,” said Sarah Oberman Bartush, CMO of Channel Islands Aviation, Inc. “The pilot shortage has only just begun, and it is already creating hardship on small businesses like mine. Something must be done to bring light to this situation and to encourage the airlines to work with both the charter operators and flight schools rather than just constantly swooping up their talent.”
“The aviation technician shortage could be just as disruptive as the pilot shortage for small business,” said Kenneth Witcher, Dean of the College of Aeronautics Embry-Riddle Aeronautical University. “Small repair shops, who need skilled labor, will find themselves unable to compete for the dwindling supply of experienced technicians due to increased wages offered by the larger Maintenance, Repair, and Overhaul (MRO) organizations. These smaller shops typically do not have the resources/capability to provide the on-the-job training necessary for workers just entering the industry. If these manufactures are unable to recruit a skilled workforce, it could have a ripple effect impacting the large aircraft manufacturing companies globally.”To read the full witness testimony click here and to watch the full hearing click here.
WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the House passed nine bipartisan bills, ranging from legislation making it easier for small businesses to access capital to expanding contracting opportunities.
“I am pleased the House passed these nine common-sense, bipartisan bills to help America’s 30 million small businesses and those they employ. These bills will ensure small businesses’ have access to capital, making it easier for them to thrive and grow. I thank the Committee Members on both sides of the aisle for their hard work and continued bipartisan commitment to putting American entrepreneurs first.”
H.R. 6348, “Small Business Access to Capital and Efficiency (ACE) Act” – introduced by Rep. John Curtis (R-UT) and Rep. Dwight Evans (D-PA)
H.R. 6348 reduces burdens and conflicting regulations for small businesses by updating the Small Business Administration’s 504/Certified Development Company Loan Program’s commercial real estate appraisal threshold.
H.R. 6347, “7(a) Real Estate Harmonization Act” – introduced by Rep. Dwight Evans (D-PA) and Rep. John Curtis (R-UT)
H.R. 6347 updates SBA’s 7(a) Loan Program’s commercial real estate appraisal threshold.
H.R. 6330, “Small Business Runway Extension Act of 2018” – introduced by Rep. Steve Knight (R-CA) and Rep. Yvette Clarke (D-NY)
H.R. 6330 modifies SBA’s size calculation to provide small businesses with more time to be considered “small” for the purposes of SBA’s small business programs.
H.R. 6369, “Expanding Contracting Opportunities for Small Businesses Act of 2018” – introduced by Rep. Roger Marshall (R-KS) and Rep. Brad Schneider (D-IL)
H.R. 6369 increases the size of sole source contract awards for women owned, service-disabled veteran-owned, HUBZone, and socially and economically disadvantaged small businesses, and implements a new eligibility determination process to ensure sole source awards are made to eligible firms.
H.R. 6367, “Incentivizing Fairness in Subcontracting Act” – introduced by Rep. Al Lawson (D-FL) and Rep. Trent Kelly (R-MS)
H.R. 6367 allows large prime contractors to take credit for subcontracting to small businesses at lower tiers, provided that prime contractors keep records substantiating subcontracting credit claimed at lower tiers, and creates a new dispute process for small subcontractors to bring nonpayment issues to the agency’s small business advocate (Offices of Small and Disadvantaged Business Utilization).
H.R. 6382, “Clarity on Small Business Participation in Category Management Act of 2018” – introduced by Rep. Alma Adams (D- NC) and Chairman Steve Chabot (R-OH)
H.R. 6382 requires the SBA to report federal spending made through designated “best-in-class” vehicles, and to report on the dollars spent through these vehicles awarded to small businesses.
H.R. 6316, “Small Business Advocacy Improvements Act of 2018” – Introduced by Rep. James Comer (R-KY) and Rep. Alma Adams (D-NC)
H.R. 6316 allows the SBA Office of Advocacy to examine the role of small business in international economies and to represent small business views before foreign governments and international entities.
H.R. 6368, “Encouraging Small Business Innovators Act” – introduced by Rep. Adriano Espaillat (D-NY) and Rep. Ralph Norman (R-SC)
H.R. 6368 makes a series of changes to the Small Business Innovation Research and Small Business Technology Transfer programs, making them easier for small firms to use.
S. 791, “Small Business Innovation Protection Act of 2017” – introduced by Sen. Gary Peters (D-MI) and Senator James Risch (R-ID)
S. 791 will expand intellectual property education and training for small businesses. It is the Senate companion bill to H.R. 2655, which passed the House in July.
WASHINGTON – House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after welcoming Congressman Troy Balderson (R-OH) to the Committee:
“Congressman Balderson’s experience with his family-owned farm and automotive dealership, coupled with his service as an Ohio State Senator, will make him an asset to our Committee. We value his insight on small business issues and I look forward to working together to ensure small businesses in Ohio and across the country continue to flourish.”
After being named to the Committee, Balderson said, “I am proud to serve as a member of the Small Business Committee. As the former operator of a family-owned farm and auto shop, I know firsthand the difficulties and challenges faced by Ohio’s small businesses. I look forward to using my experience in the private sector and as a former state lawmaker to support these businesses and ensure they have the tools and resources they need to grow and succeed.”
Congressman Balderson represents Ohio’s 12th district and was sworn into Congress on September 5, 2018. He will serve on the Subcommittees on Agriculture, Energy, and Trade and Economic Growth, Tax, and Capital Access.
WASHINGTON – According to a recent report from the Pepperdine Graziadio Business School and Dun & Bradstreet Q3 2018 Private Capital Access Index, small businesses are finding it easier to acquire capital. More specifically, 53 percent of the small businesses surveyed said they were successful in securing a loan in the past three months.
“Access to capital is critical for small businesses to start and grow their companies. This new report is yet more proof that the economic climate, due to fewer regulations and the tax reform law, is favorable for small business owners. This also comes three months after legislation I introduced, the Small Business 7(a) Lending Oversight Reform Act, became law in June. The law ensures appropriate oversight of the Small Business Administration’s most popular loan program, while also providing certainty to small businesses,” said House Committee on Small Business Chairman Steve Chabot (R-OH).
“Small businesses, especially Main Street businesses, have turned a corner and banks have taken notice,” said Nalanda Matia, lead economist at Dun & Bradstreet, in a release. “Funding is flowing to smaller enterprises who are in growth mode.”
WASHINGTON – Last week, the House Committee on Small Business held a full committee hearing on how the opioid crisis is affecting small business, specifically the decline in the labor force participation rate. The discussion included Katie Van Dyke, Director of Cleveland State University’s Ohio Small Business Development Center, as outlined by Cleveland.com below:
“The opioid crisis poses major challenges to small businesses in Ohio as employers in rural and urban areas alike have trouble finding workers who can pass drug tests, the director of Cleveland State University's Ohio Small Business Development center on Thursday told a congressional committee...
“Van Dyke noted that opioid overdose deaths increased 39 percent in Ohio from 2016 to 2017, and many of the deaths were not stereotypical "junkies." She said unintentional drug overdoses that may have started as a prescription for a surgery or injury cost an average of $5.4 million each day in medical and work loss costs in Ohio alone…
“The committee's chairman, Cincinnati-area GOP Rep. Steve Chabot, said many young working age Americans aren't looking for jobs because of opioid addiction, making it harder for businesses to fill important openings. A recent report by the National Safety Council estimated that more than 70 percent of U.S. employers have been affected by prescription drug use, said Chabot.
“Chabot said his committee will use the material it collected at the hearing to examine ways the federal government can help small businesses find ways to help their workers…”Read the full article from Cleveland.com HERE.
WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the National Labor Relations Board (NLRB) published its proposed rule on the joint-employer standard:
“The NLRB’s decision to restore the joint-employer standard is welcome news for small businesses everywhere. Job creators and innovators deserve certainty that they can continue to operate their businesses locally and independently. The Obama-era scheme jeopardizes small businesses, including franchises and subcontractors. I will continue to work with my colleagues in the House to advance a permanent legislative solution for America’s small businesses.”
The proposed rule would roll back the NLRB’s 2015 decision in Browning-Ferris Industries of California, Inc., which expanded the definition of joint employer, and restored the standard that was in place for over 30 years.
On August 31, 2018, Chairman Chabot and Rep. Cuellar (D-TX) introduced H.R. 6695, the Trademark Licensing Protection Act, which clarifies that controlling a licensed trademark does not create an employment relationship.
In March 2018, Chairman Chabot sent a letter to the then-Chairman of the NLRB, expressing his disappointment in the NLRB’s reinstatement of the harmful Obama-era joint-employer standard.
Chairman Chabot is an original cosponsor of H.R. 3441, the Save Local Business Act, which would reverse the NLRB’s decision in Hy-Brand International Contractors, Ltd. H.R. 3441 passed the House on November 8, 2017.
Small businesses are encouraged to send their comments on regulatory proposals and how they will affect their business to the Federal Register through the Committee’s Regulation Watch page.
The Committee on Small Business will meet for a hearing titled, “Now Hiring: How the Opioid Epidemic Affects Small Businesses.” The hearing is scheduled to begin at 11:00 A.M. on Thursday, September 13, 2018 in Room 2360 of the Rayburn House Office Building.
The hearing will explore the effects of the opioid crisis on small businesses. Specifically, the hearing will examine the decline in the labor force participation rate due to the epidemic and the challenges that small businesses experience in finding qualified workers as a result.Attachments
1. Hearing Notice
2. Witness List
Mr. Ben Gitis
Director of Labor Market Policy
American Action Forum
Ms. Cathy Walsh
Ohio Small Business Development Center
Lakeland Community College
*Testifying on behalf of America’s SBDC
Ms. Lisa Allen
President & CEO
WASHINGTON – Today, the House Committee on Small Business held a hearing to explore the effects of the opioid crisis on small businesses. Specifically, Members examined the decline in the labor force participation rate due to the epidemic and the challenges that small businesses experience in finding qualified workers as a result.
“The American economy is soaring. Significant growth is occurring as we speak and Americans, especially entrepreneurs, are once again optimistic about the future of their businesses,” said Chairman Steve Chabot (R-OH). “However, many small businesses are now facing a new challenge in finding, hiring, and retaining qualified workers. Many young working age Americans are not working or actively seeking work as a result of opioid addiction, impeding the ability of businesses to fill important job openings. I look forward to using this conversation to examine potential ways to help small businesses find qualified workers to help grow their business.”
What Experts Say About Combating the Opioid Crisis
“While the health and personal consequences of the opioid crisis are apparent, the increase in opioid dependency is also impacting the broader U.S. economy,” said Ben Gitis, Director of Labor Market Policy at American Action Forum. “The U.S. economy depends on prime-age workers because they are among the most productive workers in the labor force. As federal, state, and local policymakers consider ways to grow the economy, boost the labor supply, and support small businesses, addressing the opioid epidemic must be part of the solution.”
“A significant challenge to Ohio’s current business operations – in both the urban or rural communities – is Ohio’s opioid crisis,” said Katie Van Dyke, Director of the Ohio Small Business Development Center at Cleveland State University. “From small businesses struggling to fill needed positions, to Ohioans unable to fulfill their working potential, opioids are a plague on Ohio’s economy. The Ohio SBDC at Lakeland Community College created a workshop called ‘The Opioid Crisis in the Workplace: The Proactive Role Employers Can Take.’ This Workshop was built to be easily replicable for each SBDC in the different counties to offer and customize with local subject matter experts.”
“Drug addiction knows no bounds. Addicts are our sons, our daughters, our mothers and our fathers,” said Lisa Allen, President & CEO of Ziegenfelder Company in Wheeling, WV. “As a company we work with local counselors, social service agencies, our medical community, law enforcement, Department of Corrections and Rehabilitation, and federal probation officers and state parole officers on a case-by-case basis working to employ and assist recovery and reentry.”Click HERE to read full testimonies and HERE to watch full hearing video.
WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) and Ranking Member Nydia Velázquez (D-NY), along with Members of the Committee on Armed Services Mo Brooks (R-AL), Trent Kelly (R-MS), Steve Knight (R-CA), William Shuster (R-PA), Scott DesJarlais (R-TN), Walter Jones (R-NC), Bradley Byrne (R-AL), and Stephanie Murphy (D-FL), sent a letter to the Federal Acquisition Regulation (FAR) Council Chair, Ms. Lesley A. Fields, Acting Administrator of the Office of Federal Procurement Policy at the Office of Management and Budget. The letter expresses concern about lengthy delays by the FAR council in finalizing its rule revising the limitations on subcontracting, as required by Section 1561 of Public Law 112-239, the National Defense Authorization Act for Fiscal Year 2013.
The letter states:
“Given that nearly six years have lapsed since the 2013 NDAA was signed into law and two since SBA’s final rule was issued, we respectfully request a status update on FAR case Number 2016-011, an estimated timeline of completion, and an explanation as to why this case was changed from an “interim final rule” to a “proposed rule.”
Background: Section 1561 of Public Law 112-239 made significant changes to the limitations on federal subcontracting, which were reflected in corresponding regulations made by the Small Business Administration (SBA) in 2016. These changes have not been reflected in the FAR. This discrepancy creates confusion for small contractors and the delay in implementation detrimentally impacts small contractors relying on the application of these revisions to the limitations on subcontracting.
To read the entire letter, click here.
WASHINGTON – According to a new study by Bank of America, women entrepreneurs are optimistic about their future. More specifically, 58 percent of women surveyed believe their revenues will increase next year, up from 44 percent last year. Meanwhile, more than half of women business owners plan to grow their company in the next five years, while 21 percent plan on hiring more workers.
“Every week it seems there is a new survey showing that small business owners are optimistic about their company, the economy, and their future. Almost 85 percent of the women surveyed said improvements in access to capital increased their optimism. I am confident that the Small Business Administration (SBA) lending process will be even stronger after the legislation I introduced, the Small Business 7(a) Lending Oversight Reform Act, became law in June. The new law provides greater certainty for entrepreneurs as they work to obtain a SBA loan, while also strengthening oversight over the SBA’s most popular loan program,” said Chairman Steve Chabot (R-OH).
“Access to capital is key to small business growth, but research shows that it can be tougher for women entrepreneurs than for men,” said Sharon Miller, head of Small Business, Bank of America, in the report. “The fact that the overwhelming majority of women business owners see progress in the last 10 years is encouraging. Bank of America intends to do our part to keep the momentum going by continuing to support and lend to women-owned businesses because their talents, ideas and leadership in the marketplace are essential.”
According to the SBA Office of Advocacy, women own more than 11 million businesses in the United States and employ almost 9 million workers.