Washington – Today, the House of Representatives passed the final version of H.R. 88, the Retirement, Savings, and Other Tax Relief Act and the Taxpayer First Act. Key provisions of this legislation would significantly benefit American small businesses. Whether it is through assisting business owners with providing employee retirement plans or redesigning a more taxpayer friendly Internal Revenue Service (IRS), this legislation is another step by Congress to spur economic growth and modernize the tax code. House Committee on Small Business Chai... [...]
WASHINGTON – Today, the National Federation of Independent Business (NFIB) released its November 2018 Small Business Optimism Index, which reports optimism remaining high in November. Following the release of the report, Chairman Chabot (R-OH) said: “Small business optimism has remained solid over the past month, which demonstrates the enthusiasm and strong economic growth driven by wage increases that have reached a 30-year high and the creation of thousands of new jobs. There’s no question that over the past two years our country has experien... [...]
WASHINGTON – Today, the latest quarterly Wells Fargo/Gallup Small Business Index was released, indicating a significant jump of optimism among small business owners and the highest score in the survey’s 15-year history. Upon the release of this report, Chairman Chabot (R-OH) said: “Small business owners are experiencing the positive effects of our booming economy, with indicators for a hopeful future ahead. With small business optimism reaching historic highs, our policies are not only helping small business owners, they are bringing more peopl... [...]
WASHINGTON - Today, House Committee on Small Business Chairman Steve Chabot (R-OH) and House Committee on Veterans’ Affairs Chairman Phil Roe, M.D. (R-TN) released statements following the introduction of new legislation to better enable the Small Business Administration (SBA) and Department of Veterans Affairs (VA) to fulfill their designated responsibilities and streamline programs within the agencies. H.R. 7169, the Verification Alignment and Service-Disabled Business Adjustment (VA-SBA) Act was introduced by the House Small Business Committ... [...]
WASHINGTON – Last week, House Committee on Small Business Chairman Steve Chabot (R-OH) penned an op-ed in Fox News on the value of Small Business Saturday to communities and entrepreneurs. Read the full op-ed below. Serving as Chairman of the House Committee on Small Business over the past four years, I’ve had the honor of advocating and fighting for Main Street. This year on Small Business Saturday, November 24, 2018, I hope Americans will celebrate the 30 million small businesses and the millions of workers they employ by shopping locally. Th... [...]
