NFIB sent a letter to the U.S. House Financial Services Committee expressing disappointment that the committee did not consider stronger legislation to delay or repeal the small business ownership information regulation. This is a substantial regulation that only affects small business owners and is currently set to take effect Jan. 1, 2024.

The Internal Revenue Service recently announced that it will slow the processing of existing Employee Retention Tax Credit (ERTC) claims and will not process new claims from small businesses until 2024. NFIB released a statement explaining how this will harm small businesses waiting for the tax credit.

This year, the NFIB Legal Center filed amicus briefs in seven cases before the U.S. Supreme Court. The Court ruled in favor of small businesses in six of those cases. As the new term begins, NFIB Legal Center Executive Director Elizabeth Milito previews which upcoming cases could impact small businesses.

NFIB plans to issue a U.S. Senate Key Vote in support of the Credit Card Competition Act of 2023 that would lower credit card processing fees, otherwise known as swipe fees, for small business owners.

NFIB plans to issue a U.S. House Key Vote supporting the Lower Costs, More Transparency Act. This legislation would take an important step toward promoting transparency and competition in the healthcare system.