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Washington Watch - July, 16 2015

Thursday, July 16, 2015

HRA Legislation Finally Introduced in Senate and House

Leaders in the Senate and House introduced bi-partisan legislation that would allow for small business, 49 or less employees, to provide for Health Reimbursement Arrangements (HRAs) as a means to financially support their employees in the purchase of health insurance and/or other qualified medical expenses.

The Small Business Healthcare Tax Relief Act (S.1697/H.R.2911) championed by Senators Grassley (R-IA) and Heitkamp (D-ND) and Representatives Boustany (R-LA) and Thompson (D-CA), allows for small businesses with 49 or less employees to offer HRAs for premium expenses and/or qualified health care expenses. Efforts during the 113th by Representatives Boustany and Thompson fell short, but given the bi-partisan, bicameral nature of the legislation the NASE is confident that these efforts will be successful.

To learn more about the legislation, please read the NASE's letter of support.


BREAKING, Department of Labor, Wage and Hour Division Issues Independent Contractor Interpretation

On July 15, 2015, the Department of Labor’s Wage and Hour Division issued an Administrative Interpretation (No.2015-1) of the Fair Labor Standards Act as it relates to how an employer’s classify independent contractors. The NASE is currently evaluating the “administrative interpretation” and how it will impact NASE members who are independent contractors and/or small businesses utilize independent contractors.


NASE on C-SPAN

NASE Vice President of Government Relations & Public Affairs, Katie Vlietstra, was a guest on C-SPAN Washington Morning discussing the tax code implications for the self-employed and the growing “on-demand” economy. Check out the hour long segment here.


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.

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