For a small business owner working to make ends meet, keeping up with federal paperwork is often costly and overbearing. Despite the passage of the Paperwork Reduction Act (PRA), paperwork continues to be an overwhelming drain on resources for small firms. After a prior hearing with private industry leaders, Democrats today sought answers from public agency officials on how the federal… Read more »
Last week, President Trump and Congressional Republicans unveiled the contours of a tax plan that while lacking in details, appears unlikely to meet the needs of America’s small businesses. Moreover, the Republican plan proposes removing tax incentives, almost certainly at the expense of small firms.
“When it comes to tax reform, America cannot afford to leave… Read more »
In the wake of the recently announced GOP tax reform framework, Ranking Member Nydia M. Velázquez (D-NY) released the following statement:
“After a long wait, the Administration and Republican leaders released their tax framework for tax reform. Despite all this time, it remains an outline, lacking the details we need to take serious steps to overhaul our tax code. It… Read more »
An overview of SBA's disaster loan assistance program, click here. En español.
For information on disaster recovery contracting, click here. En español.
For a primer of general disaster assistance, click here. En español.
For a chart on where to start when it comes to applying for disaster assistance,… Read more »
In the wake of Hurricanes Harvey and Irma, Nydia M. Velázquez (D-NY) is pressing the Small Business Administration (SBA) on a program that was intended to provide disaster relief, but that has stalled in its implementation since its 2015 enactment.
“Following Sandy, Congress appropriately created this program to channel assistance to disaster survivors in a rapid… Read more »
Congressional efforts to reform a long troubled small business federal procurement program took a significant step forward today as a key panel examined legislation to improve the initiative. Since the Historically Underutilized Business Zone Program (HUBZone) was created twenty years ago, it has been plagued by fraud and mismanagement. During a hearing before the House Small… Read more »
Today, the U.S. House of Representatives passed an amendment authored by Rep. Nydia M. Velázquez (D-NY), the Ranking Democrat on the House Small Business Committee. Velázquez’s amendment will increase funding for Small Business Development Centers (SBDCs), which are located throughout the country. As the largest of the Small Business Administration’s… Read more »
STATEMENT
of the Honorable Nydia M. Velázquez, Ranking Member
United States House of Representatives, Committee on Small Business
Federal Permitting
Wednesday September 6, 2017 at 11:00 am
Like raising revenue and funding various programs, regulation is a fundamental tool government uses to implement public policy. The costs and benefits associated with federal regulations have… Read more »
Rep. Nydia M. Velázquez (D-NY), the Ranking Democrat on the House Small Business Committee, released the following statement regarding $450 million in funding for the Small Business Administration (SBA) included in the Emergency Supplemental Appropriations for Hurricane Harvey:
“I am pleased the Chairman of the Appropriations… Read more »
Rep. Nydia M. Velázquez (D-NY), the top Democrat on the House Small Business Committee, released the following statement opposing the Trump Administration’s decision to roll back Deferred Actions for Childhood Arrivals (DACA) and highlighting devastating consequences for the small business sector:
“With 97% of the… Read more »
