POLICY BRIEF

Rep. Jill N. Tokuda (D-NH-2) introduced a bill to require the Administrator of the Small Business Administration to expand eligibility for certain contracts, and for other purposes.

Rep. Stephanie I. Bice (R-OK-5) introduced a bill to amend the Workforce Innovation and Opportunity Act to address workforce gaps, and for other purposes.

Rep. Claudia Tenney (R-NY-24) introduced a bill titled the “Small Business Flexibility Act” to amend the Internal Revenue Code of 1986 to inform employers of flexible health insurance benefits.

On The Hill

The House Committee on Small Business held a hearing on Tuesday June 6, 2023 titled “American Ingenuity: Promoting Innovation Through Tax Code.”

The House Committee on Small Business held a hearing on Wednesday June 7, 2023 titled “Prices on the Rise: Examining the Effects.”

The House Committee on Energy & Commerce held a hearing on Wednesday June 7, 2023 titled “Building Blockchains: Exploring Web3 and Other Applications for Distributed Ledger Technologies.”

The Senate Committee on Small Business and Entrepreneurship held a hearing on Wednesday June 7, 2023 titled “Tackling Tax Complexity: The Small Business Perspective.”

 

At the Agencies

The US Small Business Administration issued a press release about the Disaster Assistance for Rural Communities Act, authored by Senators James Risch (R-ID) and Jeanne Shaheen (D-NH). The Act authorizes the SBA to remove harsh requirements for declaring disasters in rural communities. Read the release here.