Small Business

Committee on Small Business

Steve Chabot

Chairman Chabot Requests Study on Small Business Intellectual Property Resources

2018/08/14

WASHINGTON – This week, Chairman Steve Chabot (R-OH) sent a letter to the Honorable Gene Dodaro, Comptroller General of the United States at the United States Government Accountability Office (GAO), requesting that GAO study ways in which small businesses and entrepreneurs understand the resources available to help them obtain intellectual property protections.

“Intellectual property plays an important role in protecting the new and innovative ideas that drive our nation’s economy. This is no less true for our nation’s small businesses and entrepreneurs that are responsible for creating almost two-thirds of the new jobs over the last two decades. While there are federal resources available to help entrepreneurs and small businesses obtain intellectual property protections, such as the U.S. Patent and Trademark Office’s Patent Pro Se Assistance program, it is unclear to what extent small businesses are aware of and take advantage of these resources,” said Chairman Chabot.

In May 2018, the Committee held a hearing to examine how small business owners can capitalize and safeguard their work through intellectual property protections. Additionally, in July 2018, the Committee held a hearing to analyze how small business owners in the digital technology industry use intellectual property to help their business, and the issues they face when navigating the intellectual property process.

To read the entire letter, click here.

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ICYMI: Small Business Administrator McMahon Pens Op-Ed on Monumental Impact of the Tax Cuts and Jobs Act

2018/08/13

WASHINGTON - Last week, U.S. Small Business Administrator Linda McMahon wrote an op-ed in the Cincinnati Enquirer to highlight the monumental impact the Tax Cuts and Jobs Act is having on local small businesses after hosting a small business roundtable on July 27 with the House Committee on Small Business Chairman Steve Chabot (R-OH) in Cincinnati, Ohio.

"When I visited Cincinnati in September of last year, small business owners who joined a roundtable I hosted were clear on one thing – taxes were a burden taking too much time and money they’d rather be investing in their businesses...

"This truly is a golden age for small business. The unemployment rate is a healthy 4 percent, with more Americans entering the job market (600,000 in June alone!) to access the good jobs employers are now creating. The number of job openings is at a record high, and for the first time on record, there are more job openings than unemployed people looking for work. The unemployment rate for women was recently at the lowest level since 1953. The same can be said for African-American and Hispanic unemployment rates. A Gallup poll found two-thirds of Americans believe now is a good time to find a quality job," said U.S. Small Business Administrator Linda McMahon.

To read Administrator McMahon's full op-ed, click HERERead More

Chairman Steve Chabot Statement on Proposed Pass-Through Regulations

2018/08/09

WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot (R-OH) released the following statement after the highly anticipated U.S. Department of Treasury and Internal Revenue Service guidance on the Tax Cuts and Jobs Act’s new 20 percent small business deduction was released:

“This is great news for small businesses and the millions of Americans they employ. Main Street businesses now have the clarity needed to work towards the 20 percent deduction, which will allow businesses to continue to invest in their companies, hire workers, and grow the economy. The Tax Cuts and Jobs Act has been instrumental for small businesses, entrepreneurs, and startups, and I look forward to seeing the new law create even more gains. This guidance is a pivotal next step.”

Background: Last month, the House Committee on Small Business held a hearing to gain further insight on the effects the Tax Cuts and Jobs Act has had on small businesses. From reinvestments in their companies to providing raises, the small business witnesses that testified made it clear that the Tax Cuts and Jobs Act was providing positive results. 

As a resource, the Committee tracks all regulatory proposals through its Regulatory Watch page that have been published in the Federal Register and those that are open for public comment. Small businesses and interested parties are invited to visit Reg Watch to comment on the new 20 percent small business deduction guidance.

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ICYMI: Small Business Owners More Optimistic Than Ever

2018/08/08

WASHINGTON – This week, Wells Fargo/Gallup released a survey touting the record-high optimism U.S. small business owners’ are experiencing, the highest in 15 years.

According to the report:

  • Cash flow and positive financial situation are strong drivers of optimism.
  • 78 percent of small business owners rate their current financial situation as very or somewhat good, compared with 73 percent in the second quarter of 2018.
  • 69 percent of small business owners rate their cash flow in the past 12 months as very or somewhat good, compared to 63 percent last quarter.
  • Owners cite hiring qualified workers as a top challenge.

“It’s clear that small businesses are thriving and small business owners are experiencing more economic confidence as a result of our booming economy. The Tax Cuts and Jobs Act is putting small businesses in the driver’s seat, and I’m proud of the bright future ahead for many,” said House Committee on Small Business Chairman Steve Chabot (R-OH). 

For the Wells Fargo/Gallup survey, click here.

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Chairman Chabot Encourages Ways & Means To Consider Tax Legislation that Assists Innovators

2018/08/03

WASHINGTON – Today, Chairman Steve Chabot (R-OH) sent a letter to Ways and Means Committee Chairman Kevin Brady (R-TX) encouraging the Committee to consider H.R. 3717, the Small Business Owners’ Tax Simplification Act, as they craft Tax Reform 2.0. H.R. 3717 was introduced by Chairman Chabot and would update the United States tax code for entrepreneurs and innovators.

“With the gig and sharing economy growing in importance, tax filing thresholds for independent contractors and worker classification decisions will become even more instrumental. H.R. 3717 addresses these issues, and others, to ensure that our nation’s innovators are not constrained by an outdated code,” said Chabot.

In October 2017, the Committee held a hearing to examine how the proposed changes in H.R. 3717 could impact small businesses.

To read the entire letter, click here.

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The Tax Law’s Impact on Main Street

2018/07/25

The Committee on Small Business will meet for a hearing titled, “The Tax Law's Impact on Main Street.”  The hearing is scheduled to begin at 11:00 A.M. on Wednesday, July 25, 2018 in Room 2360 of the Rayburn House Office Building.

The hearing will examine how the Tax Cuts and Jobs Act has affected small businesses.  Members of the Committee will hear directly from small business owners regarding the impact the law has had on their operations and their outlook moving forward.   

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo
4. Opening Statement

Witnesses
Mr. Wettlin Treppendahl
Owner
Treppendahl's Super Foods
Woodville, MS
* Testifying on behalf of the National Grocers Association
Testimony
Disclosure

Mr. Tibi Czentye
Chief Executive Officer
All Pro Solutions
Rock Hill, SC
Testimony
Disclosure

Mr. Gary Ellerhorst
President / CEO
Crown Plastics Co. 
Harrison, OH
Testimony
Disclosure

Ms. K. Davis Senseman
Founder
Davis Law Office
Minneapolis, MN
* Testifying on behalf of the Main Street Alliance
Testimony
Disclosure

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Tax Law is Boosting Main Street

2018/07/25

WASHINGTON – Today, the House Committee on Small Business held a hearing to find out how the Tax Cuts and Jobs Act has affected small businesses. The Tax Cuts and Jobs Act was signed into law on December 22, 2017.

“After more than thirty years of thinking and talking about tax reform, this Congress produced and passed the Tax Cuts and Jobs Act,” said Chairman Steve Chabot (R-OH). “Beyond macroeconomic data trends, this tax law will be judged on its direct impact on the ground…This is what we are here to discuss today: The reactions, the impact, and the effects of the Tax Cuts and Jobs Act on small business owners across this nation.”

What Small Business Owners Said About the Tax Law

“As a direct result of tax reform we have upgraded and replaced 12 doors in the frozen foods section of our store during the past few months. This may not sound like big project to some people but that investment cost over $65,000 and most importantly provided work for our local refrigeration company,” said Mr. Wettlin Treppendahl, Owner of Treppendahl’s Super Foods in Woodville, MS.

 “The tax reduction is huge and the extra in the company’s pocket is a big amount of money a small company can do a lot with. Until last year, many companies, including us, didn’t want to spend their money, but now, because of this big tax cut, any entrepreneur can see the opportunity to invest in its company with the goal to make more money for the company and its employees,” said Mr. Tibi Czentye, Chief Executive Officer of All Pro Solutions in Rock Hill, SC.

“The recent tax reduction in and of itself will have a positive impact on our employees and our business in 2018 and beyond. But when augmented by reduction in regulation and, most importantly, the hugely positive outlook by business leaders and consumers which started the day after the 2016 election, the resulting booming economy takes that positive impact of the tax bill and increases it exponentially,” said Mr. Gary Ellerhorst, President and CEO of Crown Plastics Co. in Harrison, OH.

To read the full witness testimony click here and to watch the full hearing click here.

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Investing in Rural America

2018/07/24

The Committee on Small Business Subcommittee on Economic Growth, Tax, and Capital Access and the Subcommittee on Agriculture, Energy, and Trade will meet for a joint hearing titled, “Investing in Rural America.”  The hearing is scheduled to begin at 10:00 A.M. on Tuesday, July 24, 2018 in Room 2360 of the Rayburn House Office Building

Access to capital is one of the key ingredients for small business success. Early stage funding such as venture capital can help small businesses expand and hire more individuals in their community. However, venture capital is predominately awarded to businesses in larger cities on the coasts. Various groups, including public-private partnerships, trade associations, and university based organizations, have emerged to help identify opportunities for private investors that support growing rural small businesses across the United States. This hearing will examine venture capital’s role in helping small business to access capital, and provide success stories of organizations that provide resources to small businesses in rural America.

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo 

Witnesses
Mr. Matthew M. McKenna
Executive in Residence, Rural Opportunity Initiative
McDonough School of Business
Georgetown University
Washington, DC
Testimony
Disclosure

Ms. Falon Donohue
Chief Executive Officer
VentureOhio
Columbus, OH
Testimony
Disclosure

Ms. Amy H. Gales
Executive Vice President, Regional Agribusiness Banking Group
CoBank
Greenwood Village, CO
Testimony
Disclosure

Mr. Ross Baird
President, Village Capital
Innovator-in-Residence, Ewing Marion Kauffman Foundation
Alexandria, VA
Testimony
Disclosure

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SBC Examines How to Invest in Rural America

2018/07/24

WASHINGTON – This week, the House Committee on Small Business Subcommittees on Economic Growth, Tax, and Capital Access and Agriculture, Energy, and Trade held a joint hearing to examine venture capital’s role in helping small businesses access capital and highlight success stories of organizations that provide resources to small businesses in rural America.  

“Access to capital continues to remain a top concern for American small businesses—nowhere more than rural America, which has been slower to recover from the recession. Although venture capital has become a popular financing mechanism for small businesses trying to expand, data shows that more than 75 percent of venture capital goes to just three cities in the U.S.,” said Economic Growth, Tax, and Capital Access Subcommittee Chairman Dave Brat (R-VA).

 “Small businesses and entrepreneurs must be able to access capital so that they can continue to operate and expand their businesses and also attract talent, dollars, and jobs to their communities… Investing in and growing rural America is vital not just to the citizens who live there, but also to the future of our country,” said Agriculture, Energy, and Trade Subcommittee Chairman Rod Blum (R-IA).

Witness Testimony: A Need to Expand Venture Capital to Rural Areas

“Investment in venture-backed companies in the United States reached $57 billion in almost 4,000 deals in the first half of 2018. And yet, only a fraction of these dollars found their way to funds and companies based in rural America. The capital deficit is starving innovative and valuable growth opportunities,” said Mr. Matthew M. McKenna, Executive in Residence, Rural Opportunity Initiative of McDonough School of Business at Georgetown University in Washington, D.C.

America’s heartland lacks the critical access to capital enjoyed in Silicon Valley, New York and Boston. Three-quarters of venture capital is being invested in just three states. Our home state of Ohio received less than 1%. Talent is equally distributed but, if capital continues to be concentrated in the hands of a few based on geography, we risk letting this momentum fade away,” said Ms. Falon Donohue, Chief Executive Officer of VentureOhio in Columbus, OH.

The landscape of agriculture and rural America is diverse and complex. Historically, some small and/or emerging farmer-owned cooperatives have been overlooked when it comes to financing and other technical assistance. To truly fulfill our mission and strengthen our rural communities, we also recognized a need to serve these customers whenever possible,” said Ms. Amy H. Gales, Executive Vice President, Regional Agribusiness Banking Group of CoBank in Greenwood Village, CO.

If we are able to expand access to capital to any entrepreneur who faces barriers, more Americans will be able to contribute to the economic vitality of our country,” said Mr. Ross Baird, President of Village Capital and Innovator-in-Residence at Ewing Marion Kauffman Foundation in Alexandria, VA.

To read the full witness testimony click here and to watch the full hearing click here.

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8 Bill Markup

2018/07/18

The Committee on Small Business will hold a markup of legislation to amend the Small Business Act and the Small Business Investment Act.  The markup will be held at 11:00 A.M. on Wednesday, July 18, 2018, in Room 2360 of the Rayburn House Office Building.  The items that will be marked up include:

Click HERE to view the official markup notice. 

Watch the hearing live here

Post Markup Update: All amendments and bills were passed by voice vote. Read More

Chairman Chabot Speaks in Support of JOBS Act 3.0 and HALOS Act

2018/07/18

WASHINGTON – This week, House Committee on Small Business Chairman Steve Chabot spoke on the House floor in support of the Jobs and Investors Confidence Act, which included legislation he introduced, the Helping Angels Lead Our Startups Act. The HALOS Act, which improves how investors and small businesses connect, passed the House in January of 2017.  

To watch the full video click below.

 

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Small Business Committee Passes 8 Bipartisan Bills

2018/07/18

WASHINGTON – Today, the House Committee on Small Business held a markup of legislation to amend the Small Business Act and the Small Business Investment Act. All eight bills passed through Committee on bipartisan votes.

“Once again the Small Business Committee has shown we can work together in a bipartisan manner to create real, common-sense legislation to help our nation’s small businesses. I’m proud of all the work our Committee members have put into these bills, especially listening to the needs of our small businesses and acting on those needs,” said Chairman Steve Chabot (R-OH).

H.R. 6348, “Small Business Access to Capital and Efficiency Act” – introduced by Rep. Curtis (R-UT) and Rep. Dwight Evans (D-PA)

H.R. 6348 reduces burdens and conflicting regulations for small businesses by updating the Small Business Administration’s 504/Certified Development Company Loan Program’s commercial real estate appraisal threshold.

H.R. 6347, “7(a) Real Estate Harmonization Act” – introduced by Rep. Dwight Evans (D-PA) and Rep. John Curtis (R-UT)  

H.R. 6347 updates SBA’s 7(a) Loan Program’s commercial real estate appraisal threshold.

H.R. 6330, “Small Business Runway Extension Act of 2018” – introduced by Rep. Steve Knight (R-CA) and Rep. Yvette Clarke (D-NY)

H.R. 6330 modifies SBA’s size calculation to provide small businesses with more time to be considered “small” for the purposes of SBA’s small business programs.

H.R. 6369, “Expanding Contracting Opportunities for Small Businesses Act of 2018” – introduced by Rep. Roger Marshall (R-KS) and Rep. Brad Schneider (D-IL)

H.R. 6369 increases the size of sole source contract awards for women owned service-disabled veteran-owned, and HUBZone small businesses, and implements a new eligibility determination process to ensure sole source awards are made to eligible firms.

H.R. 6367, “Incentivizing Fairness in Subcontracting Act of 2018” – introduced by Rep. Al Lawson (D-FL) and Rep. Trent Kelly (R-MS)

H.R. 6367 provides incentives for large prime contractors to subcontract to small businesses, requires prime contractors to keep records of subcontracting credit claimed at lower tiers, and creates a new dispute process for small subcontractors to bring nonpayment issues to the agency’s small business advocate.

H.R.  6382, “Clarity on Small Business Participation in Category Management Act of 2018” – introduced by Rep. Alma Adams (D- NC) and Chairman Steve Chabot (R-OH)

H.R. 6382 requires the SBA to report federal spending made through designated “best-in-class” vehicles, and to report on the dollars spent through these vehicles awarded to small businesses.

H.R. 6316, “Small Business Advocacy Improvements Act of 2018” – Introduced by Rep. James Comer (R-KY) and Rep. Alma Adams (D-NC)

H.R. 6316 allows the SBA Office of Advocacy to examine the role of small business in international economies and to represent small business views before foreign governments and international entities.

H.R. 6368, “Encouraging Small Business Innovators Act” – introduced by Rep. Adriano Espaillat (D-NY) and Rep. Ralph Norman (R-SC)

H.R. 6368 makes a series of changes to the Small Business Innovation Research and Small Business Technology Transfer programs, making them easier for small firms to use.

To watch the full committee markup click here.

 

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Achieving Government-Wide Verification of Service-Disabled Veteran-Owned Small Businesses

2018/07/17

The Committee on Small Business Subcommittee on Investigations, Oversight, and Regulations and the Committee on Veterans’ Affairs Subcommittee on Oversight and Investigations will meet for a hearing titled, “Achieving Government-Wide Verification of Service-Disabled Veteran-Owned Small Businesses.”  The hearing is scheduled to begin at 2:00 P.M. on Tuesday, July 17, 2018 in Room 2360 of the Rayburn House Office Building

This hearing will examine the progress of the Department of Veterans Affairs (VA) and the Small Business Administration (SBA) in harmonizing definitions related to service-disabled veteran-owned small businesses (SDVOSBs).  The hearing will also examine SBA’s readiness to assume the remaining verification functions from the VA’s Center for Verification and Evaluation and the benefits of extending verification of SDVOSBs government-wide.

Attachments
1. Hearing Notice
2. Witness List 
3. Hearing Memo 

Witnesses
Mr. Thomas J. Leney
Executive Director
Small and Veteran Business Programs
United States Department of Veterans Affairs
Washington, DC
Testimony

Mr. Robb Wong
Associate Administrator
Office of Government Contracting and Business Development
United States Small Business Administration
Washington, DC
Testimony

Mr. William Gould
Senior Advisor
Office of the Administrator
United States Small Business Administration
Washington, DC

Mr. Davy G. Leghorn
Assistant Director
The American Legion
Washington, DC
Testimony
Disclosure 
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SBC Kicks Off Amazon "Prime Day"

2018/07/17

WASHINGTON – Today, House Committee on Small Business Chairman Steve Chabot (R-OH) and Members of the Committee welcomed Amazon and several small businesses that sell on that platform to a roundtable discussion with Committee Members.

“I thank Amazon and the businesses for their insight into how e-commerce has given these small businesses a platform to not only sell their goods, but sell their products around the world. It wasn’t surprising to me that small businesses make up more than half of Amazon’s sales. This is reflective in our economy as well as small firms continue to be the engine behind job creation. From a party decorations business to a bottled water company, small sellers across the country are propelling our nation forward,” said Chairman Chabot.  

 “Amazon first invited small businesses to sell on Amazon nearly two decades ago, and today, small businesses are a vital part of Amazon’s continued growth and commitment to customers,” said Brian Huseman, Vice President of Public Policy at Amazon. “This is an important roundtable discussion on Prime Day, one of the biggest sales days of the year for the millions of small business owners who sell on Amazon, because many people do not realize that more than half of everything sold on Amazon comes from a small- and medium-sized business. These businesses come from all 50 states and around the globe, offering Amazon customers the opportunity to shop local and support a small business, even when they shop online.”

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Innovation Nation: How Small Businesses in the Digital Technology Industry Use Intellectual Property

2018/07/11

The Committee on Small Business will meet for a hearing titled, “Innovation Nation: How Small Businesses in the Digital Technology Industry Use Intellectual Property.”  The hearing is scheduled to begin at 11:00 A.M. on Wednesday, July 11, 2018 in Room 2360 of the Rayburn House Office Building.

Digital technology allows small businesses to sell their products and services all over the world.  Not only does digital technology benefit small businesses by lowering their operating costs, developing market automation, and improving customer relationships, but small businesses can expand by entering the digital technology industry themselves.  More than just taking advantage of digital tools to improve a pre-existing small business, small businesses are becoming the digital tools, and small businesses in the digital technology industry continue to emerge.  While each company is unique, these small businesses have developed first and foremost because of their utilization of technology.  As a result of their unique innovations, small businesses create intellectual property, but in turn face challenges in protecting their ideas.  This hearing will examine how small business owners in the digital technology industry utilize intellectual property and the issues they face when navigating the intellectual property processes.

Attachments
1. Hearing Notice
2. Witness List 
3. Hearing Memo 

Witnesses
Mr. Frank Cullen
Vice President of U.S. Policy
The Global Innovation Policy Center
U.S. Chamber of Commerce
Washington, DC
Testimony
Disclosure

Mr. Morgan Reed
President
ACT | The App Association
Washington, DC
Testimony
Disclosure

Mr. Christopher Mohr
Vice President for Intellectual Property and General Counsel
Software & Information Industry Association
Washington, DC
Testimony, Supplemental 
Disclosure

Mr. Chris Israel
Executive Director
Alliance for U.S. Startups & Inventors for Jobs
Washington, DC
Testimony, Appendix 
Disclosure

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ZTE: A Threat to America’s Small Businesses

2018/06/27



The Committee on Small Business will meet for a hearing titled, “ZTE: A Threat to America’s Small Businesses.”  The hearing is scheduled to begin at 11:00 A.M. on Wednesday, June 27, 2018 in Room 2360 of the Rayburn House Office Building

This hearing will examine the imminent threat posed to America’s small businesses by the Chinese telecommunications firm ZTE. The hearing will provide committee Members the opportunity to hear from national security experts and cybersecurity firms on steps the administration can take to protect small businesses and American citizens from the dangers presented by ZTE. The hearing will also investigate ongoing efforts being by both the public and private sectors to reduce the challenges small businesses face in dealing with illicit Chinese backed enterprises.

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo 
4. Opening Statement 

Witnesses
Mr. David Linger
President & CEO
TechSolve, Inc.
Cincinnati, OH
Testimony
Disclosure 

Mr. Andy Keiser
Visiting Fellow
National Security Institute
Antonin Scalia Law School, George Mason University
Arlington, VA
Testimony
Disclosure 

Mr. Matthew G. Olsen
President
IronNet Cybersecurity
Kensington, MD
Testimony
Disclosure 


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Accelerating Agriculture: How Federal Regulations Impact America’s Small Farmers

2018/06/21



The Committee on Small Business Subcommittee on Agriculture, Energy, and Trade will meet for a hearing titled, “Accelerating Agriculture: How Federal Regulations Impact America’s Small Farmers.”  The hearing is scheduled to begin at 10:30 A.M. on Thursday, June 21, 2018 in Room 2360 of the Rayburn House Office Building

Complying with federal regulations continues to be one of the biggest challenges for America’s small businesses, including small farmers.  Many federal agencies have the authority to issue regulations that impact the agriculture industry.  As a result, small farmers often struggle to
comply with expensive, confusing, and time-consuming regulations, which impacts their ability to grow.  This hearing will examine how federal regulations affect small farmers and explore ways to provide regulatory relief to the industry.

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo 

Witnesses
Mr. Craig Martins
Operations Manager
Three Rivers FS
Dyersville, IA
* Testifying on behalf of the National Council of Farmer Cooperatives and GROWMARK, Inc.
Testimony
Disclosure

Mr. John Weber
Owner
Valley Lane Farms Inc.
Dysart, IA
* Testifying on behalf of the National Pork Producers Council
Testimony
Disclosure

Mr. Glenn Brunkow
Co-Owner
Brush Creek Cattle Company
Wamego, KS
* Testifying on behalf of the American Farm Bureau Federation
Testimony
Disclosure

Ms. Laurie Ristino
Associate Professor of Law
Director, Center for Agriculture and Food Systems
Vermont Law School
South Royalton, VT
Testimony
Disclosure


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Communities That Think Small and Win Big

2018/06/20



The Committee on Small Business will meet for a hearing titled, “Communities That Think Small and Win Big.”  The hearing is scheduled to begin at 11:00 A.M. on Wednesday, June 20, 2018 in Room 2360 of the Rayburn House Office Building

This hearing will highlight communities that have developed thriving small business ecosystems.  Local officials will analyze key elements of a business-friendly environment and review socioeconomic returns on small business investment within their communities and surrounding regions.  Members will have the opportunity to discuss innovative economic development policy strategies and determine best practices.

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo 
4. Opening Statement

Witnesses 
Mr. Greg Prestemon
President & CEO
EDC Business & Community Partners
St. Charles, MO
Testimony 
Disclosure

Mr. Derek Miller
President & CEO
Salt Lake Chamber and Downtown Alliance
Salt Lake City, UT
Testimony 
Disclosure

Ms. Vanessa Wagner
Small Business and Entrepreneurship Manager
Loudoun County Department of Economic Development
Ashburn, VA
Testimony 

Mr. Gregg Bishop
Commissioner
NYC Department of Small Business Services
New York, NY
Testimony 



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The Perspective of Rural Small Businesses in North Mississippi

2018/06/18

The Committee on Small Business will meet for a field hearing titled, “The Perspective of Rural Small Businesses in North Mississippi.”  The hearing is scheduled to begin at 2:00 P.M. (CT) on Monday, June 18, 2018 at the ServPro Training Center, 1160 Stateline Road East, Southaven, MS.

Rural America is still recovering from the last recession in 2008. Many rural small businesses have not been able to survive because of overregulation, lack of access to capital, and a drop in net farm income. With the United States economy now flourishing, rural small businesses are finally starting to see the effects and get back on their feet. Through H.R. 1, the Tax Cuts and Jobs Act, and the rollback of numerous regulations by many government agencies, the federal government is working to help rural small businesses survive.  This hearing aims to highlight how rural small businesses are faring in today’s economy and the outlook going forward.

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo 

Witnesses
Mr. Pat Woods
Owner
Woods Farm Supply, Inc.
Byhalia, MS
Testimony
Disclosure

Mr. Geoffrey Carter
Founder, President and CEO
Hyperion Technology Group, Inc.
Tupelo, MS
Testimony
Disclosure

Mr. Michael Hatcher
President
Michael Hatcher & Associates, Inc.
Olive Branch, MS
Testimony
Disclosure

Mr. Jason Bailey
President and CEO
Summit Management Services, LLC
Oxford, MS
Testimony
Disclosure

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Exploring the State of Western Kentucky’s Small Businesses

2018/06/18

The Committee on Small Business will meet for a field hearing titled, “Exploring the State of Western Kentucky’s Small Businesses.”  The hearing is scheduled to begin at 10:00 A.M. (CT) on Monday, June 18, 2018 at the Paducah Area Chamber of Commerce, Paducah Bank Room, 300 South 3rd Street, Paducah, KY.

The purpose of the hearing is for Western Kentucky small business leaders to share their experiences and to provide the Committee with recommendations about federal policies that will help them to grow their businesses and create jobs.

Attachments
1. Hearing Notice
2. Witness List
3. Hearing Memo 
4. Opening Statement 

Witnesses
Mr. Bruce Kimbell
President
First Community Bank of the Heartland
Clinton, KY
Testimony
Disclosure

Mr. Leon Owens
President
Swift & Staley, Inc.
Paducah, KY
Testimony
Disclosure

Mr. Edward Musselman
Owner
Musselman Properties
Paducah, KY
Testimony
Disclosure

Mr. Jonas Neihoff
Owner
Socially Present
Paducah, KY
Testimony
Disclosure
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Contact Information

2361 Rayburn HOB
Washington, DC 20515
Phone 202-225-5821
Fax 202-225-3587
smbiz.house.gov


Membership

Rod Blum

IOWA's 1st DISTRICT

Dave Brat

VIRGINIA's 7th DISTRICT

Steve Chabot

OHIO's 1st DISTRICT

James Comer

KENTUCKY's 1st DISTRICT

John Curtis

UTAH's 3rd DISTRICT

Brian Fitzpatrick

PENNSYLVANIA's 8th DISTRICT

Trent Kelly

MISSISSIPPI's 1st DISTRICT

Steve King

IOWA's 4th DISTRICT

Steve Knight

CALIFORNIA's 25th DISTRICT

Blaine Luetkemeyer

MISSOURI's 3rd DISTRICT

Roger Marshall

KANSAS' 1st DISTRICT

Ralph Norman

SOUTH CAROLINA's 5th DISTRICT

Amata Radewagen

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