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Washington Watch - August 11, 2010

Wednesday, August 11, 2010

Small Biz Jobs Bill Update: Congress On Recess

The Small Business Jobs Act (H.R. 5297) would create a $30 billion lending fund for small businesses, offer $12 billion in tax breaks and strengthen SBA outreach and lending programs. The NASE supports this legislation, as does the White House.

Due to a short window of opportunity and partisan rangling, the Small Business Jobs Act has been put on the back burner until the Senate returns next month. Senate Majority Leader Harry Reid, D-Nev., set the stage for mid-September votes on Democratic and Republican proposals to repeal increased 1099 reporting passed under the health care law. Sen. George V. Voinovich, R-Ohio, has agreed to be a swing vote (giving Democrats the coveted 60) as long as the Republican-offered option is voted upon first.

At odds are Sens. Mike Johanns, R-Neb., and Bill Nelson, D-Fla., both of which wish to have an amendment attached to H.R. 5297 targeting the 1099 provision.

Johanns’ amendment would do away with the provision completely while borrowing money from a preventative care fund and lowering the standard required for the individual mandate to purchase health coverage. Currently, the 1099 proposal is expected to net the federal government an additional $19.2 billion and, thus, required an offset to comply with pay-as-you-go rules in Congress. Nelson's amendment would exempt from the law businesses with fewer than 25 employees and purchases made by credit card. It would would raise the reporting threshold from $600 to $5,000.

The NASE is urging members to contact their legislators this month to ask for their support of the Small Business Jobs Act.  For more information, please visit the NASE Blog.


IRS Webinar On Tax Provisions Of The Affordable Care Act (ACA)

Learn about the tax provisions of the Affordable Care Act (ACA recent health care legislation) and resources available at a FREE IRS Webinar on September 9, 2010 at 2 p.m. Eastern.

The IRS’s Small Business/Self-Employed Division is presenting this webinar especially for small-business owners and the self-employed. Learn about Affordable Care Act’s current tax provisions and where to find future updates.

Click on this link to register (http://www.visualwebcaster.com/IRS/70323/reg.asp?id=70323) for this informative presentation.

To get the latest IRS news and products and services, subscribe to e-News for Small Businesses on IRS.gov at http://www.irs.gov/Businesses/Small-Businesses-&-Self-Employed/Subscribe-to-e-News-for-Small-Businesses, click “Subscribe Now” at the bottom of the page and enter your e-mail address.


HHS Announces Availability Of New Health Center Grants

U.S. Department of Health and Human Services Secretary Kathleen Sebelius announced the availability of up to $250 million in grants for New Access Points for the delivery of primary health care services for underserved and vulnerable populations under the Health Center Program. The funds, made available by the Affordable Care Act, will be awarded by the Health Resources and Services Administration (HRSA).

A new access point is a new full-time service delivery site that provides comprehensive primary and preventive health care services. New access points improve the health status and decrease health disparities of the medically underserved populations to be served.

“These funds reflect the Administration’s steadfast commitment to improving and expanding access to vital primary health care services,” said Secretary Sebelius. “From our cities to our smallest towns, each health center has an important role to play, ensuring access to services in its community. Together they have a critical impact on the health care status of those most in need across the nation.”

Organizations eligible to compete include public or nonprofit private entities, including tribal, faith-based and community-based organizations who meet health center funding requirements. Current HRSA grantees may apply, as well as organizations applying for the first time.

For more information please visit www.grants.gov.


Survey: Can You Keep Your Health Plan Once Health Reform Kicks In?

One big promise made during the reform debate was that you will be able to keep the health plan you currently have, if you like it. To follow up on this promise, the Administration recently issues new regulations on "grandfathered" or existing health plans.  Learn more and take this survey to tell us if you think you will be able to keep your health plan.

Click here to take survey: http://www.surveymonkey.com/s/S7NF62X


Washington Watch Online

Visit NASE Advocacy to view archived editions of Washington Watch. While you’re there, read the latest updates from the Washington, D.C. office, write your Congressperson, and find out how you can join the fight for micro-business.