NSBA Applauds Senate Passage of Bipartisan Infrastructure BillAugust 11, 2021
FOR IMMEDIATE RELEASE
Washington, D.C. – NSBA applauds the Senate for passage of bipartisan Infrastructure Investment and Jobs Act (H.R. 3684) which will provide much needed infrastructure funding and updates. Infrastructure improvements are critical to the continued growth and success of America’s small businesses, as is the ability of lawmakers to work together to do the business of the American people.
“Broad improvements to our national infrastructure are long overdue and stand to help small businesses disproportionately as they seek to survive and grow in their local communities,” stated NSBA President and CEO Todd McCracken. “This bill will help small businesses compete digitally, expand their markets, and attract a greater range of potential workers.”
The bill passed 69:30 and includes $550 billion in new spending which will inject money into roads, bridges, water systems, broadband, rail and transit, among other things. Importantly, the legislation ultimately scrapped plans opposed by NSBA to significantly increase IRS enforcement—which would likely result in significant and unfair new burdens on small business.
“This is exactly the type of purpose-driven, bipartisan legislative action our country needs,” stated NSBA 2021 Chair ML Mackey of Beacon Interactive Systems. “It is of great importance to NSBA and the continued growth and success of America’s small businesses that legislators build upon this bipartisan spirit and continue to address the many other priorities for sustaining and growing the small-business sector.”
Please click here for a more detailed report on the passage of the bill.
Please click here for more on NSBA’s priorities for infrastructure legislation.
Celebrating more than 80 years in operation, NSBA is a staunchly nonpartisan organization advocating on behalf of America’s entrepreneurs. NSBA’s 65,000 members represent every state and every industry in the U.S., and we are proud to be the nation’s first small-business advocacy organization. Please visit www.nsba.biz or @NSBAAdvocate.