Bills of Interest
Rep. Virginia Foxx (R-NC-5) introduced the “Transparency in Billing Act” to amend the Employee Retirement Income Security Act of 1974 to require group health plans and issuers offering group health insurance coverage to only pay claims submitted by hospitals that ensure accurate billing practices.
Rep. Joe Courtney (D-CT-2) introduced the “Hidden Fee Disclosure Act” to amend the Employee Retirement Income Security Act of 1974 to clarify and strengthen the application of some employer-sponsored health plan disclosure requirements.
Rep. Nancy Mace (R-SC-1) introduced the “AI Training Expansion Act of 2023” to expand AI training within the executive branch of the Federal Government, and for other purposes.
On The Hill
The House Committee on Small Business will hold a hearing THURSDAY at 2:00 PM titled “Stolen Taxpayer Funds: Reviewing the SBA and OIG Reports of Fraud in Pandemic Loaning Programs.”
The Senate Committee on Banking, Housing and Urban Affairs, Subcommittee on Economic Policy held a hearing on Wednesday July 12, 2023 titled “Bank Mergers and the Economic Impacts of Consolidation.”
The Senate Committee on Small Business and Entrepreneurship held a hearing on Wednesday July 12, 2023 to consider pending business of the committee.
At the Agencies
The U.S. Department of Labor launched a new initiative within its Employee Benefits Security Administration to empower workers through ownership arrangements and educate those workers on possible pathways to greater rewards in return for their labor.
The U.S. Department of Commerce announced $60 million in funding to create a climate resilience accelerator program, which would invest in coastal resilience and support small businesses through President Biden’s Investing in America agenda.
The U.S. Small Business Administration (SBA) officially swore in Dilawar Syed as their Deputy Administrator with a confirmation vote of 54-42.