House Small Business Committee

Next Week at Small Business

House Small Business Committee News - Fri, 02/27/2015 - 12:00am

MEDIA ADVISORY:
Next Week at Small Business

WASHINGTON -The Small Business Committee will hold the following hearings next week:

​Full Committee Hearing
Chairman Steve Chabot (R-OH)
Wednesday, March 4, 2015 at 11:00 A.M.
2360 Rayburn House Office Building

Building an Opportunity Economy: State of Small Business and Entrepreneurship
On Wednesday,March 4, 2015 at 11:00 A.M., the Committee on Small Businesswill hold a hearing titled, ​​​Building an Opportunity Economy: The State of Small Business and Entrepreneurship."The hearingwill beheld in Room 2360 of the Rayburn House Office Building. The hearing will be webstreamed liveHERE.

The hearing will examine the health and vibrancy of the American economy, particularly as it pertains to the creation, sustainability, and future growth of small businesses.

Witnesses

  • Mr. Jon Clifton, Partner, Managing Director, Government Division, Gallup, Washington, DC
  • Ms. Cynthia Kay, Owner and President, Cynthia Kay and Company, Grand Rapids, MI
    (Testifying on behalf of National SmallBusiness Association)
  • Mr. David Burton, Senior Fellow in Economy Policy, The Heritage Foundation, Washington, DC


Subcommittee Hearing

Subcommittee on Economic Growth, Tax, and Capital Access

Chairman Tom Rice (R-SC)
Thursday, March 5, 2015 at 10:00 A.M.
2360 Rayburn House Office Building

Improving Capital Access Programs within the SBA
On Thursday, March 5, 2015, at 10:00 A.M., the Committee on Small BusinessSubcommittee onEconomic Growth, Tax and Capital Access willholda hearing titled, "Improving Capital Access Programs within the SBA." The hearingwill be heldin Room 2360 of the Rayburn House Office Building. The hearing will be webstreamed liveHERE.

The purpose of the hearingis to examine capital access programs within the Small Business Administration (SBA).

Witnesses

· Ms. Barbara Vohryzek, President and CEO, National Association of Development Companies (NADCO), Washington, DC

· Mr. Brett Palmer, President, Small Business Investor Alliance, Washington, DC

· Mr. Richard Bradshaw, President, Specialized Lending, United Community Bank, Greenville, SC
(Testifying on behalf of the National Association of Government Guaranteed Lenders(NAGGL))

· Dr. Scott Shane, A. Malachi Mixon III Professor of Entrepreneurial Studies and Professor of Economics, Case Western Reserve University, Weatherhead School of Management, Cleveland, OH

Members of the press interested in covering any of these hearings should reply to this e-mail.

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Chabot Requests Answers from HHS Secretary on Latest Obamacare Glitch Impact on Small Business

House Small Business Committee News - Thu, 02/26/2015 - 12:00am

Chabot Requests Answers from HHS Secretary on Latest Obamacare Glitch Impact on Small Business

WASHINGTON—Small Business Committee Chairman Steve Chabot (R-OH) yesterday sent a letter to Health and Human Services Secretary Sylvia Burwell requesting answers about how small businesses have been impacted by the agency’s misleading of more than 800,000 Americans with faulty tax information.

This misinformation has created yet more uncertainty in an already difficult tax season for many Americans,” Chairman Chabot wrote in the letter which may be viewed in its entirety here.

Chairman Chabot asked Secretary Burwell five specific questions related to the Small Business Health Options Program (SHOP) exchanges in this, the latest in the succession of Obamacare glitches. Chairman Chabot specifically asked:

  1. What is the number of small business owners who purchased insurance on the SHOP exchange and were affected?
  2. When did you learn of any errors in SHOP forms?
  3. What recourse will be available to individuals who have already filed their taxes with the incorrect information provided by your agency? Will they be forced to refile or offered some other less burdensome option?
  4. How long will it take to get the correct information out to affected individuals?
  5. What are your immediate plans to ensure something of this magnitude does not happen again?

The Administration touted the Small Business Health Options Programs (SHOPs) as a competitive and convenient location for small businesses to compare prices and purchase affordable and effective health insurance coverage for their employees and families,” Chairman Chabot wrote. “However, I am concerned that this most recent error may have compounded the problems small business owners have faced when utilizing the SHOPs, such as cancelled plans, higher premiums, and less comprehensive coverage options.” 

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CHABOT CONVENES ROUNDTABLE ON SMALL BUSINESS TRADE

House Small Business Committee News - Thu, 02/26/2015 - 12:00am

CHABOT CONVENES ROUNDTABLE ON SMALL BUSINESS TRADE 

WASHINGTON – Small Business Committee Chairman Steve Chabot (R-OH) convened a roundtable today to discuss small businesses’ stake in trade. The participants included Members of the House Small Business Committee, Committee on Ways and Means, and small businesses from throughout the country who currently export their products overseas.

“You’re actively involved in trade,” Chabot said. “We want to find out how you did it and what we can change so other small businesses can trade.”

The discussion highlighted the importance of trade to future small businesses growth, the challenges faced by small exporters, and the need to reform ineffective federal export resources that are intended to facilitate trade, but often add confusion to an already complex process.

One business owner said, “If a small company can compete in the U.S., it can compete anywhere in the world. We just need to demystify the export process.”

Chairman Chabot concluded the conversation with specific questions about federal programs intended to support small businesses and potential trade agreements that could open new markets, emphasizing that small businesses require and can depend on the Small Business Committee to be their voice as the 114th Congress proceeds on the issue of international trade. 

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Chabot Urges SBA to Join the Effort to Reach Trade Agreements

House Small Business Committee News - Wed, 02/25/2015 - 12:00am

Chabot Urges SBA to Join the Effort to Reach Trade Agreements

WASHINGTON – In today’s hearing on the Small Business Administration’s budget request for fiscal year 2016, Chairman Steve Chabot (R-OH) urged Administrator Maria Contreras-Sweet to make international trade a priority for the SBA as Congress pursues trade agreements this year.

Chairman Chabot said, “I met with a number of small businesses from around the country this morning. We talked about the importance of trade. As you know, trade is critical to our economy. Ninety-six percent of consumers are located outside the boundaries of the United States. Unfortunately, only 1 to 2 percent of small businesses are engaged in international trade.”

Chairman Chabot and Administrator Contreras–Sweet agreed that crucial opportunities for trade and small business lie with Trade Promotion Authority (TPA) and the TPP and TTIP agreements that can then follow.

Chabot concluded with this request to Administrator Contreras-Sweet: “Please let me urge you to do everything in your power to emphasize to the Administration the importance of passing these trade pieces of legislation to small businesses across the country. You and I, in our different capacities, should do everything we can to do that.

Chairman Chabot’s comments came after he had expressed some concern over the SBA’s budget priorities. “Ultimately, budgeting is about the bottom line for small businesses,” Chabot said in his opening statement.  “For the SBA, the budget is about accountability. The budget request is the Agency’s defense of its priorities to taxpayers, current small business owners, entrepreneurs, and Congress.  If this is the Agency’s defense, then it is has not gotten that accountability right.” Full hearing documents can be viewed here.   

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Chabot on Keystone Veto and Cincinnati Jobs

House Small Business Committee News - Tue, 02/24/2015 - 12:00am

Chabot on Keystone Veto; Cincinnati Jobs

WASHINGTON - Following President Obama’s veto of bipartisan legislation approving construction of the Keystone XL Pipeline, Small Business Committee Chairman Steve Chabot (R-OH) issued the following statement:

“When we talk about the jobs Keystone would support, we’re not just talking about numbers. We’re talking about real people, like those I’ve met at the Siemens factory in Cincinnati who stand ready to manufacture the electric motors for the pipeline. We’re talking about more than 42,000 hardworking Americans in cities and towns all over the country who are paying the price for President Obama’s political temper tantrum.

Republicans, Democrats, and the people who sent us here want the Keystone Pipeline. We’ll continue to fight for what is right, even if President Obama made it clear today that he will not.”

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Chabot Leads Bipartisan Effort to Expand Small Business Access to Capital

House Small Business Committee News - Tue, 02/24/2015 - 12:00am
 

Chabot Leads Bipartisan Effort to Expand Small Business Access to Capital

WASHINGTON – A bipartisan group led by Small Business Committee Chairman Steve Chabot (R-OH) today introduced legislation to invigorate the Small Business Investment Company (SBIC) Program, allowing promising small businesses greater access to capital to grow their businesses and create jobs.

“We have to build an opportunity economy that allows all Americans to get ahead,” said Chairman Chabot. “In my home state of Ohio, more than 2,000 people have jobs today because the SBIC helped small businesses there access the resources they needed to grow. The program is an efficient, smart, and successful way of making capital available to small businesses poised for growth. Strengthening the SBIC will go a long way towards creating more good-paying jobs across the country—all at no cost to taxpayers.”

Congressman David N. Cicilline (D-RI), the bill’s lead Democratic co-sponsor, said, “I am proud to work with Chairman Chabot to support SBICs, and am happy to reintroduce this common sense proposal that would help increase the amount of capital available to small businesses and help get hardworking families in Rhode Island and across the country back to work. I look forward to working across the aisle to help pass this legislation and ensure that small businesses around the country have the resources and support they need to grow and expand.”

The SBIC Program is a public-private partnership that provides small businesses access to equity and debt financing. The program has provided billions in private capital to startups and small businesses, some of which have become household names such as Pandora, Whole Foods, Apple, and Nike.

H.R. 1023 would allow experienced managers of multiple SBIC funds to increase their leverage from $225 million to $350 million, helping these entities provide additional capital to small businesses.

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Washington Post: Meet Congress’s new small business leaders

House Small Business Committee News - Tue, 02/17/2015 - 12:00am

Washington Post: Meet Congress’s new small business leaders 

Rep. Steve Chabot can empathize with small business owners. Before launching his political career – and between his two stints in Congress – the Ohio Republican and seasoned attorney owned and ran his own law practice in Cincinnati.

“We were a small storefront law office, and we had to deal with all the things that come with running a business,” Chabot said in a recent interview on the Hill. “I have seen firsthand the challenges that are faced by small business folks.”

It’s that experience that lured Chabot onto the House Small Business Committee when he first arrived in Washington 1995. After 19 years on the panel (he lost a reelection bid in 2008 only to win back the seat two years later), Chabot last month took over as chairman. He replaces Rep. Sam Graves, a fellow Ohioan who stepped down in keeping with self-imposed term limits.

In his new role, Chabot will manage the congressional coalition charged with ensuring that small companies have sufficient access to capital and federal contracts and that they aren’t overburdened by regulations. His committee also has oversight responsibilities over the Small Business Administration’s lending and counseling programs.

During our conversation, Chabot talked about the current climate for small businesses, his legislative goals, and why the recent power shift in Washington may make a difference for entrepreneurs. What follows is a transcript of our interview, edited for length and clarity.

Harrison: For starters, how would you describe the current state of small business across the country?

Chabot: I would say in the overall economy there has been some improvement, but in the small business community, not nearly enough. I think there are still the same challenges faced by small businesses that have been there for years: being over regulated by the federal government, having to deal with a far too complex tax system, access to capital. So those areas that make it challenging to be a small business person today in America, and those are the types of things I intend to address on this committee.

Harrison: On which issues in particular do you plan to focus the committee’s time and attention?

Chabot: There are really four areas. One is doing something to reduce the amount of regulations on small businesses. Reforming the tax code as it pertains to small businesses, that would be another one, though that would probably be as part of a larger tax reform package.


I mentioned access to capital, that’s another one. We need to streamline the process small businesses have to go through to work with the Small Business Administration. I have talked to a lot of folks in my district and heard testimony to this committee about how daunting it can be to deal with the SBA and go through the loan process. The paperwork alone is very challenging, and there has to be a way to reduce that.

Increasing trade is the fourth area, and that fits quite well with my role on the foreign affairs committee (Chabot has served on that committee for 19 years, too).

Harrison: Where do you start? What are the first items of business?

Chabot: Most timely would be the Regulatory Flexibility Improvements Act, which we have passed a couple times in this committee before. That would be the most immediate possible activity. In general, what it does is require federal agencies to take into consideration the effects that regulations have on small businesses (the bill has since passed the House and awaits action in the Senate).

I would argue over-regulation is one the greatest challenges small businesses face right now. So we’re going to deal with a whole range of things related to the so-called Affordable Care Act – which I tend to refer to as the Unaffordable Care Act – as well as Dodd Frank, which has made it tougher for small businesses to obtain access to capital, because you now have a whole new regime of regulators looking over the shoulders of the banking industry and the credit unions. Those are the types of things where we can actually have an impact.

Harrison: Now that your party has seized control of both chambers, how does that change the game?

Chabot: I think that we have a greater opportunity now with the new leadership in the Senate than we did previously. Hundreds and hundreds of bills passed out of the House in recent years but never saw the light of day in the Senate, and a lot of those were small business bills. So, that should be different. However, assuming that you have all the Republicans agreeing on a particular piece of legislation, it’s going to need to be bipartisan, because we still need six Democrats. So they’re still going to need to work on cooperation in the Senate.

Harrison: Some of the topics you have mentioned have been politically polarizing. Are there areas where you think you can find that bipartisan support?

Chabot: Trade is probably our best opportunity to actually get something through this committee, through Congress and to the president’s desk that he may ultimately sign. I think his attitude about trade is somewhat like Bill Clinton’s and Al Gore’s, so I think we have a shot at TPP [the Trans-Pacific Partnership the administration is currently working on] and maybe even a deal with Europe, too.

Harrison: In addition to mom-and-pop small businesses, will fast-growing, tech-driven start-ups be a focus of the committee?

Chabot: That is one of the things that we’re going to explore and hold hearings on. We’re actually going to focus some of that attention on my district. There have been a lot of incubators and venture capitalists and angel investors coming into Cincinnati. It’s really on the cutting edge. So, yes, we’re going to focus some attention on that, try to find out what’s working, what challenges those entrepreneurs are facing and try to see if there’s room to expand what’s working across the country.

Harrison: What’s your most lofty, pie-in-the-sky goal during your tenure as small business chairman?

Chabot: Ninety-six percent of the world’s consumers live outside the United States, yet only one percent of small businesses actually trade sell their products outside the country. We need to improve upon that. A very small increase in that one percent would have a huge impact. That’s an area where I’m hoping we can make some real headway in the next two years, four years or six years, depending on how long I have the opportunity to do this. There’s a huge amount of potential in trade if we do it right.

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Contracting and the Industrial Base

House Small Business Committee News - Thu, 02/12/2015 - 12:00am

Chairman Chabot Opening Statement
Full Committee Hearing: Contracting and the Industrial Base

Prepared for Delivery
Click here for all hearing documents

WASHINGTON -- Small Business Committee Chairman Steve Chabot (R-OH) opened today's full committee hearing on Contracting and the Industrial Base with the following statement:

"Good morning. I call this hearing to order.  I’m happy to be here today, as this is my first hearing as Chairman, although I’ve participated as a Member of the Small Business Committee for many years.  Today, we begin the good work of helping our small businesses, and I’m particularly pleased to start that endeavor by discussing a subject that has much promise for small businesses and taxpayers alike – federal contracting reform. 

"As you know, the federal government has a goal of awarding at least 23 percent of federal prime contract dollars to small businesses, and in Fiscal Year 2013 that goal was met for the first time in many years. Early indications are that the goal was met again last year.  However, it isn’t enough to simply meet the goal – we have to focus on why Congress created the goals.  The goals exist as a tool – they are intended to make sure we have a broad spectrum of small businesses working with the government across industries.

"Having a healthy small business industrial base means that taxpayers benefit from increased competition, innovation, and job creation.  It also means that we can securely support programs crucial to our national defense.  The percentage of dollars awarded to small businesses is a good measure of success, but it isn’t the only measure. 

"Indeed, it appears that over the last four years, while the percentage of dollars being awarded to small businesses was increasing, the number of contract actions with small businesses fell by almost 60 percent. 

"At the Department of Defense (DoD), the number fell by almost 70 percent.  The size of the average individual small business contract action increased by 230 percent during that same period, and by nearly 290 percent at DoD. 

"These statistics are all alarming in their own way, but one of the more clear-cut and disturbing figures is that there are over 100,000 fewer small businesses registered to do business with federal government than there were in 2012.  These data points suggest we have a problem with our small business industrial base.

"Today’s witnesses are going to address specific recommendations to improve the competitive viability of our small business contractors.  This is only the first of a series of full committee and subcommittee hearings we’ll be having on this topic.  I expect that the Committee will actively pursue ways to increase opportunities for small businesses to access capital and contracts, while removing barriers to small business success.  I look forward to working with each of you, and want to welcome our witnesses. 

"I now yield to the Ranking Member for her opening statement." 

 

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Chairman Chabot Opening Statement for Hearing on Contracting and the Industrial Base

House Small Business Committee News - Thu, 02/12/2015 - 12:00am

Chairman Chabot Opening Statement
Full Committee Hearing: Contracting and the Industrial Base

Prepared for Delivery

WASHINGTON -- Small Business Committee Chairman Steve Chabot (R-OH) opened today's full committee hearing on Contracting and the Industrial Base with the following statement:

"Good morning. I call this hearing to order.  I’m happy to be here today, as this is my first hearing as Chairman, although I’ve participated as a Member of the Small Business Committee for many years.  Today, we begin the good work of helping our small businesses, and I’m particularly pleased to start that endeavor by discussing a subject that has much promise for small businesses and taxpayers alike – federal contracting reform. 

"As you know, the federal government has a goal of awarding at least 23 percent of federal prime contract dollars to small businesses, and in Fiscal Year 2013 that goal was met for the first time in many years. Early indications are that the goal was met again last year.  However, it isn’t enough to simply meet the goal – we have to focus on why Congress created the goals.  The goals exist as a tool – they are intended to make sure we have a broad spectrum of small businesses working with the government across industries.

"Having a healthy small business industrial base means that taxpayers benefit from increased competition, innovation, and job creation.  It also means that we can securely support programs crucial to our national defense.  The percentage of dollars awarded to small businesses is a good measure of success, but it isn’t the only measure. 

"Indeed, it appears that over the last four years, while the percentage of dollars being awarded to small businesses was increasing, the number of contract actions with small businesses fell by almost 60 percent. 

"At the Department of Defense (DoD), the number fell by almost 70 percent.  The size of the average individual small business contract action increased by 230 percent during that same period, and by nearly 290 percent at DoD. 

"These statistics are all alarming in their own way, but one of the more clear-cut and disturbing figures is that there are over 100,000 fewer small businesses registered to do business with federal government than there were in 2012.  These data points suggest we have a problem with our small business industrial base.

"Today’s witnesses are going to address specific recommendations to improve the competitive viability of our small business contractors.  This is only the first of a series of full committee and subcommittee hearings we’ll be having on this topic.  I expect that the Committee will actively pursue ways to increase opportunities for small businesses to access capital and contracts, while removing barriers to small business success.  I look forward to working with each of you, and want to welcome our witnesses. 

"I now yield to the Ranking Member for her opening statement." 

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Congress Approves Construction of Keystone Pipeline

House Small Business Committee News - Wed, 02/11/2015 - 12:00am

Congress Approves Construction of Keystone Pipeline

WASHINGTON - Following today's House passage of S.1, the bill to approve construction of the Keystone XL Pipeline, House Small Business Committee Chairman Steve Chabot (R-OH) issued the following statement: 

​"The time for excuses is over. The time to start building is now. When energy costs spike, America's small businesses have to choose between serving their customers, creating jobs, and paying the price for the unstable energy market. Keystone eases that burden with a more stable and predictable source of energy, giving our small businesses room to breathe, innovate, and create again.

​"Thousands of Americans and small businesses stand to benefit from the Keystone project, and their Congress has acted. For their sake, I hope President Obama reconsiders his veto threat."

S. 1 passed the House of Representatives this evening with a bipartisan majority of  270-152.

#AmericasNewCongress just passed a bipartisan bill to move #KeystoneXL forward. #TimeToBuid pic.twitter.com/9SZRtUKpBG

— House Small Business (@HouseSmallBiz) February 11, 2015

 

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Chabot Hosts SBA Administrator

House Small Business Committee News - Mon, 02/09/2015 - 12:00am
 On Monday, Small Business Committee Chairman Steve Chabot (R-OH) hosted Small Business Administrator Maria Contreras-Sweet on a walking tour of Cincinnati to meet with local small businesses.   
Chabot and the Administrator visited businesses in the Over-the-Rhine community, met with startups at the Brandery, a local business accelerator, and then hosted a small business round table at the Cincinnati Chamber of Commerce. 
 

Small business roundtable w @MCS4Biz & @RepSteveChabot discussing access to capital and streamlining lending. pic.twitter.com/U4a5ejoBKZ

— HCDC (@theHCDC) February 9, 2015

.@RepSteveChabot sits down with SBA administrator and innovators at .@weareMortar to discuss urban #entrepreneurship pic.twitter.com/1Vq4TuB2AD

— House Small Business (@HouseSmallBiz) February 9, 2015

Excellent conversation with .@RepSteveChabot, SBA, and #Cincinnati #startups at. @Brandery about access to capital pic.twitter.com/wcrOEIX4HG

— House Small Business (@HouseSmallBiz) February 9, 2015

Small Business Committee Vice Chair and Subcommittee Chairs

House Small Business Committee News - Mon, 02/09/2015 - 12:00am

SMALL BUSINESS COMMITTEE ANNOUNCES VICE CHAIR; SUBCOMMITTEE CHAIRS 

WASHINGTON – Small Business Committee Chairman Steve Chabot (R-OH)  today announced the vice chairman and subcommittee chairmen for the Committee on Small Business for the 114th Congress.

Chairman Chabot said, “The Small Business Committee is blessed with the expertise, enthusiasm, and energy of both new and returning members who will lead our subcommittees in this Congress. I’m honored to work on behalf of working families, job creators, and innovators with these wonderful, dedicated colleagues.”

Congressman Blaine Luetkemeyer (MO-03), Vice Chairman

Congressman Carlos Curbelo (FL-26), Chairman, Subcommittee on Agriculture, Energy, and Trade

Congresswoman Aumua Amata Coleman Radewagen (American Samoa), Chairwoman, Subcommittee on Health and Technology

Congressman Tom Rice (SC-07) Chairman, Subcommittee on Economic Growth, Tax, and Capital Access

Congressman Cresent Hardy (NV-04) Chairman, Subcommittee on Investigations, Oversight, and Regulations

Congressman Richard Hanna (NY-22) Chairman, Subcommittee on Contracting and Workforce

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Chairman Steve Chabot has served the people of Southwest Ohio on the House Small Business Committee for 18 years.  Prior to becoming chairman for the 114th Congress, he served as ranking member of the committee from 2007-2008.

The House Committee on Small Business protects and assists America’s small businesses by using its oversight and legislative authority to expand small business access to capital, drive regulatory reform, foster American entrepreneurship, improve small business contracting practices and create a smarter, more efficient government.

House Passes Bill Giving Small Business A Greater Voice

House Small Business Committee News - Thu, 02/05/2015 - 12:00am

HOUSE PASSES BILL GIVING SMALL BUSINESS A GREATER VOICE 

WASHINGTON – The U.S. House of Representatives today passed bipartisan legislation to modernize and improve the federal regulatory process.  H.R. 527, the Small Business Regulatory Flexibility Improvements Act, strengthens the Regulatory Flexibility Act of 1980 (RFA) to give millions of Americans employed by small businesses the voice they deserve in the regulatory process.

After House passage of the bill, Small Business Committee Chairman Steve Chabot (R-OH), the bill’s primary sponsor, issued followed the statement:

Half of America’s workforce gets up every day and goes to work at a small business. When poorly designed rules put a financial burden on these workplaces, they also threaten the livelihood of millions of working families.

“H.R. 527 is not a bill that stops regulations; it allows small businesses to be a part of the solution and provide valuable input during the rulemaking process. This bill simply makes government think before it acts by answering, ‘How will this impact America’s working families?’”

In the 35 years since the RFA was enacted, agencies have exploited loopholes to get around the good-government intentions of the original legislation. The Small Business Regulatory Flexibility Improvements Act closes those loopholes by requiring more detailed analysis of proposed regulations, providing greater opportunity for small business input, and ensuring agencies regularly review regulations already on the books for their economic impact on small businesses.

Additionally, it expands the scope of the required economic impact analysis to consider those effects which are often indirect but reasonably foreseeable. This measure was introduced by Chabot on January 26, 2015.

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Obamacare Repeal Saves Small Business Wages

House Small Business Committee News - Wed, 02/04/2015 - 12:00am

OBAMACARE REPEAL SAVES SMALL BUSINESS WAGES 

WASHINGTON – Following today’s House passage of H.R. 596 to repeal Obamacare, Small Business Committee Chairman Steve Chabot (R-OH) said:

This year, America’s small businesses will pay the price of Obamacare’s employer mandate. While they’re already paying more than $11,000 per employee just to comply with federal regulations, Obamacare is expected to lower small business employee wages by at least $22.6 billion annually. This is a law American families couldn’t afford when it passed, and in the last 5 years, it’s only gotten worse.

“Half of America’s workforce relies on small businesses to put a roof over their head, food on the table, and plan for the future. These hardworking Americans need health care solutions that will actually lower costs and improve care, and that is impossible so long as Obamacare is hanging over their heads.”

 

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Chairman Chabot’s Statement on Increasing LNG Exports

House Small Business Committee News - Wed, 01/28/2015 - 12:00am

Chairman Chabot’s Statement on Increasing LNG Exports

WASHINGTON – Following House passage of H.R. 351, the LNG Permitting Certainty and Transparency Act, House Small Business Committee Chairman Steve Chabot (R-OH) released the following statement:

 “America’s energy resurgence has contributed to lower prices at the pump and allowed families and small businesses to keep more of their hard-earned dollars. The bipartisan measure passed today builds on that success. Promoting LNG exports not only secures global energy markets, it strengthens relationships with our friends and allies, and lifts up our domestic economy, all of which helps American workers and small businesses get ahead in life.” 

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Chabot Welcomes Judiciary Committee Approval of Small Business Regulatory Flexibility Improvements Act

House Small Business Committee News - Tue, 01/27/2015 - 12:00am

CHABOT WELCOMES JUDICIARY COMMITTEE APPROVAL OF SMALL BUSINESS REGULATORY FLEXIBILITY IMPROVEMENTS ACT 

WASHINGTON – Small Business Committee Chairman Steve Chabot (R-OH) today welcomed the House Judiciary Committee’s approval of H.R. 527, the Small Business Regulatory Flexibility Improvements Act of 2015.

In remarks during the Judiciary Committee’s markup of the bill, Chairman Chabot said that the legislation “addresses a goal shared by both Republicans and Democrats -- the need to craft more efficient less burdensome rules and regulations...”  Chabot continued, “As Chairman of the Committee on Small Business, it is my goal to do everything our Committee can to lift up American working families by helping small businesses flourish. The Small Business Regulatory Flexibility Improvements Act is a bipartisan step towards that goal.”

Chairman Chabot’s remarks can be viewed in full here.

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Small Business Regulatory Flexibility Improvements Act

House Small Business Committee News - Tue, 01/27/2015 - 12:00am
Small Business Committee Chairman Steve Chabot speaking in favor of his bill to craft smarter, less burdensome regulations during its markup at the Judiciary Committee. 

Chabot Introduces Small Business Regulatory Flexibility Improvements Act of 2015

House Small Business Committee News - Mon, 01/26/2015 - 12:00am

CHABOT INTRODUCES SMALL BUSINESS REGULATORY FLEXIBILITY IMPROVEMENTS ACT OF 2015 

WASHINGTON – Small Business Committee Chairman Steve Chabot (R-OH) today introduced H.R. 527, the Small Business Regulatory Flexibility Improvements Act of 2015.

“The Small Business Regulatory Flexibility Improvements Act is about making the federal government stop and think about its impact on the millions of American families who operate or work for our small businesses,” said Chairman Chabot. “That’s the heart of good government. The one-size-fits-all approach to federal regulations has, for decades, hit small businesses, their owners, and their employees the hardest. Giving them the voice they deserve helps give our small businesses the freedom they need to provide the jobs and innovation that drive the American economy forward.”

 

The Small Business Regulatory Flexibility Improvements Act strengthens and modernizes the Regulatory Flexibility Act of 1980 (RFA), which requires agencies to assess the impact of rules and regulations on small business and consider possible alternatives.

 

In the 35 years since the RFA was enacted, agencies have exploited loopholes to get around the good-government intentions of the original legislation. The Small Business Regulatory Flexibility Improvements Act closes those loopholes by requiring more detailed analysis of proposed regulations, providing greater opportunity for small business input, and ensuring agencies regularly review regulations already on the books for their economic impact on small businesses. Additionally, it expands the scope of the required economic impact analysis to consider those effects which are often indirect but reasonably foreseeable.

 

The Small Business Regulatory Flexibility Improvements Act of 2015 is currently scheduled for markup by the House Committee on the Judiciary, which holds primary jurisdiction over the federal regulatory process, on Tuesday, January 27, 2015.  

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Small Business Committee Announces Majority Members

House Small Business Committee News - Wed, 01/21/2015 - 12:00am
SMALL BUSINESS COMMITTEE ANNOUNCES MAJORITY MEMBERS
 
WASHINGTON – The House Small Business Committee today announced its Republican Members for the 114th Congress.

Chairman Steve Chabot (R-OH) said, “With half of all working Americans going to work at a small business every day, and 7 out of every ten new jobs coming from our small businesses, the work of the Small Business Committee helps all American families. Each of these members understands the challenges and the unlimited potential of American small business, and we’re ready to get to work.”

House Committee on Small Business Majority Members for the 114th Congress:

Chairman Steve Chabot (OH-01)
Rep. Steve King (IA-04)
Rep. Blaine Luetkemeyer (MO-03)
Rep. Richard Hanna (NY-22)
Rep. Tim Huelskamp (KS-01)
Rep. Tom Rice (SC-07)
Rep. Chris Gibson (NY-19)
Rep. Dave Brat (VA-07)
Del. Amata Radewagen (American Samoa)
Rep. Steve Knight (CA-25)
Rep. Will Hurd (TX-23)
Rep. Carlos Curbelo (FL-26)
Rep. Mike Bost (IL-12)
Rep. Cresent Hardy (NV-04)
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