NSBA Report Shows Small Business Climate Improving

January 31, 2012

Contact: Molly Brogan 202-552-2904 press@nsba.biz Washington, D.C. – The National Small Business Association (NSBA) today released its 2011 Year-End Economic Report  which shows a decidedly more positive outlook for America’s small businesses, with important gains in several key indicators. Most notably, more small-business owners report being confident about the future of their...

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House Passes Three Small Biz Capital Access Bills

November 8, 2011

The U.S. House of Representatives passed three bills Nov. 2 with strong bipartisan support that would substantially reduce the regulatory impediments to small businesses raising capital. The Small Company Capital Formation Act of 2011 (H.R. 1070) passed the House by a margin of 421-1. The bill would effectively amend Regulation A by...

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SBA Final Rule to Address Contract Bundling

November 1, 2011

The U.S. Small Business Administration (SBA) recently published a final rule implementing various regulatory changes made by the Small Business Jobs Act of 2010. The rule is effective on Nov. 28, 2011, unless the agency receives “significant adverse comment” by Nov. 14, in which case it will publish a withdrawal of the...

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Jobs Council Unveils Recommendations

October 13, 2011

The President’s Council on Jobs and Competitiveness met on Tuesday, Oct. 11 to make formal recommendations to President Barack Obama. Included in their 52-page report, “Taking Action, Building Confidence” were recommendations ranging from infrastructure spending to tax cuts, and immigration reform to foreign direct investment in the U.S. The recommendations...

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SBA Budget Approved by Appropriations Committee

September 20, 2011

The U.S. Senate Committee on Appropriations recently approved legislation appropriating $955.3 million for the U.S. Small Business Administration (SBA) for Fiscal Year (FY) 2012. The amount is only three percent less than the $985 million budget request of President Barack Obama. If approved by the full Senate, this would grant the SBA...

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NSBA Testifies On Medium-Sized Contracting Bill

September 13, 2011

The National Small Business Association testified this week before the U.S. House Committee on Small Business, cautioning against proposed legislation that would create a contracting pilot program for medium-sized businesses. The hearing, “Beyond the Size Standards: Sustainability of Small Business Graduates”is focused on the Small Business Growth Act (H.R. 1812), introduced by...

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Fed Weakens Final Swipe-Fee Rule

July 6, 2011

Bowing to an intense advocacy campaign by the banking lobby, the Board of Governors of the U.S. Federal Reserve (Fed) adopted June 28 a final swipe-fee reform rule that significantly varied from its proposed rule and represented a windfall for big banks. The Fed was required to implement a rule...

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Feds Just Shy of Small-Biz Contracting Goal

June 28, 2011

The U.S. government awarded 22.7 percent of federal contracting dollars to small businesses in Fiscal Year 2010 (Oct. 1, 2009 – Sept. 30, 2010), according to the U.S. Small Business Administration’s (SBA) fifth annual small business procurement scorecard. While this represents the largest single year increase in more than five...

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Senate to Vote Today on Swipe-Fee Reform Delay

June 8, 2011

The U.S. Senate is expected to vote today on an amendment that would delay the implementation of the swipe-free reform mandated by the NSBA-supported amendment to the Restoring American Financial Stability Act (S. 3217), introduced by Sen. Whip Dick Durbin (D-Ill.). The Durbin amendment required the U.S. Federal Reserve (Fed)...

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Study Warns of Risks from Small-Biz Credit Cards

May 24, 2011

A new report, “U.S. Households at Risk from Business Credit Cards,” by the Pew Charitable Trusts (Pew) echoes the warnings about small-business credit cards that NSBA has sounded since before Congress enacted the Credit CARD Act of 2009. Although strongly supportive of the overall legislation, NSBA urged Congress at the time to...

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