SMALL BUSINESS MAJORITY FOUNDATION, INC.

TAX · Taxation/Internal Revenue Code

Impacts on small business issues from H.R.1 (OBBBA) including small business tax parity

Literal federal measure citations: H.R.1

SMB · Small Business

Eligibility for Small Business Administration programs (such as 7(a), Microloan, Surety Bond and 504 loan programs), small business development issues, workforce, including immigration policy, and economic impact caused by tariff policies, and healthcare plans for small businesses

BAN · Banking

Transparency in lending for small business loan products (Small Business Financing Disclosure Act H.R.4192/S.2021 (118th Congress); eligibility requirements impacting legal permanent residents and individuals lawfully in the U.S. for Small Business Administration guaranteed loan products like 7(a), 504, Microloan, and Surety Bond Guarantee programs; policies requiring more transparency into the Merchant Cash Advance (MCA) industry for small business loans; CLARITY Act H.R. 3633

Literal federal measure citations: H.R.4192, S.2021, H.R. 3633

BUD · Budget/Appropriations

Small business programs at the Small Business Administration and the Community Development Financial Institution Fund (CDFI Fund), the Minority Business Development Administration, Internal Revenue Service, funding for antitrust enforcement at the Federal Trade Commission, Rural Business Development Program at the US Department of Agriculture

HCR · Health Issues

Enhanced Premium Tax Credits for Affordable Care Act plans; Medicaid cuts; transparency in healthcare Patients Deserve Price Tags Act (S.2355/H.R.5582) and Lower Cost More Transparency Act 2.0 (H.R. 9393), including site-neutral payment reform for Medicare, billing transparency, and hospital consolidation.

Literal federal measure citations: S.2355, H.R.5582, H.R. 9393

IMM · Immigration

Small Business Administration Standard Operating Procedure 50 10 8 regarding loan eligibility for immigrants, including legal permanent residents (green card holders), foreign nationals, and those legally present in the U.S. through the Investing in the American Dream Act (S.4411/H.R.8563); S.J.Res 202 and H.J.Res 207 - a resolution to overturn lending restrictions on green card holders for SBA program eligibility; Workforce visa reform for temporary asylum seekers; the Dignity Act of 2025 (H.R.4393

Literal federal measure citations: S.4411, H.R.8563, S.J.Res 202, H.J.Res 207, H.R.4393