NSBA | Letters, Comments, and Testimony

NSBA and small business support congressional efforts to reform the Corporate Transparency Act (CTA).

Congress may be adjourning for August, but there is no Recess for Small Business – especially when it comes to advocating for common sense, small-business tax policies.

With pending judicial review on the rule, the Dept. of Labor must limit the effects of its final overtime rule.

"...we write to express our support and gratitude for the recent investigation conducted by the House Small Business Committee into the compliance of federal agencies with the Regulatory Flexibility Act (RFA). We commend the Committee’s diligent efforts in identifying and addressing the shortcomings of federal agencies in adhering to the mandates of the RFA, which are crucial in protecting small businesses from undue regulatory burdens."

Our opposition is due to Section 101(b) of the bill, which would exempt all financial institutions with assets of up to $50 billion from Federal Reserve Regulation II.

The undersigned organizations, representing millions of small businesses, strongly support legislation to repeal the Corporate Transparency Act (CTA).

H.R. 7024 would restore provisions of Section 174 of the tax code relating to first-year expensing of research and development (R&D) investment by American small businesses.

NSBA joined more than 80 organizations in support of H.R. 7367, the Overtime Pay Flexibility Act, which prohibits the Department of Labor (DOL) from finalizing, implementing, or enforcing its proposed rule, “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales, and Computer Employees.”

The CBFP must include small business statistics in its analyses before publication of final rules on credit card fees.

The Credit Card Competition Act (CCCA) is simple common sense for small business.

Millions of employees in almost every industry will be affected by the proposed changes.

NSBA congratulates and looks forward to working with Speaker Johnson, as we continue crafting common-sense small-business policies.

Requesting a 60-day extension to the comment period on the DOL's notice on proposed changes to the overtime pay exemptions.

NSBA urges Congress to pass the Protecting Small Business Information Act of 2023 (H.R.4035), and ultimately repeal the CTA in its entirety.

Joining a number of small-business Chambers of Commerce and organizations, NSBA sent a letter to Congress urging policymakers to avoid adding to the growing patchwork of state privacy laws passed and affecting small-business owners.

Stifled by sky-high credit card fees, this amendment is critical both to small business and U.S. national security.

Joining the PPWO and 100+ advocacy organizations, NSBA opposes the DOL rushing into proumlgating new standards for overtime.

Joining 146 other groups, NSBA supports making permanent the Section 199A 20-percent deduction.

The TRIPS waiver expansion could further erode the intellectual property protections that are the lifeblood of America’s small businesses and their abilities to innovate, create jobs, and fuel the economy.

The proposed rule will significantly reduce abilities of many owners to protect their small business without options for non-compete agreements with key employees, contractors, and advisors.

If enacted, the PRO Act will pose far-reaching negative impacts on workers, small businesses, employers, contractors, and unions alike.

Several SBA positions have been open since the COVID-19 pandemic, leaving the majority of small-business owners (67 percent) less than fully confident their business will recover.

The DOL's proposal gives no guidance on how these factors interplay and how businesses should make decisions if these factors point in different directions. NSBA believes that these new rules should be withdrawn, and the current rules should be given a chance to work.

Fewer start-ups, lost innovation, higher costs, and a less vibrant entrepreneurial economy, the NLRB's proposed joint-employer standard will devastate the small-business economy.