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Tag: u.s senate small business and entrepreneurship committee

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Marco Rubio Unveils the Small Business Access to Recovery Capital Act

According to Rubio’s office, the bill “would provide expanded relief measures to the 7(a) loan program for one year to help businesses cope with challenges posed by the COVID-19 pandemic.”

New Supporters Back Congressional Proposal to Bring Chambers of Commerce Under PPP

Last month, U.S. Sen. Ted Cruz, R-Texas, brought out the legislation with the support of U.S. Sen, Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee.

Ross Spano Introduces House Version of Ted Cruz’s, Marco Rubio’s PPP Reform

Two weeks ago, U.S. Sen. Ted Cruz, R-Texas, brought out the legislation with the support of U.S. Sen, Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee.

Marco Rubio Showcases Main Street Perspectives on COVID-19’s Impact on Small Businesses

On Wednesday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, convened a hearing titled, “Perspectives from Main Street: COVID-19’s Impact on Small Business.”
Front doors to small business

Marco Rubio Backs Small Business Expense Protection Act

Last week, the Internal Revenue Service (IRS) insisted that these expenses could not be deducted. Supporters of the bill insist that was not what Congress wanted when it launched the PPP as part of the $2.2 trillion stimulus package at the end of March.

Marco Rubio Takes to the Senate Floor to Urge More Oversight of the PPP

On Tuesday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, spoke on the Senate floor about the Paycheck Protection Program (PPP) and the need for oversight.

Marco Rubio, Ben Cardin Want OMB to Consider Small Business Contractors When Issuing Regulations...

On Monday, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, and U.S. Sen. Ben Cardin, D-Mary., the top Democrat on the committee, sent a letter to Russell Vought, the acting director of the Office of Management and Budget (OMB) regarding the implementation of Section 889(a)(1)(B) of the John S. McCain National Defense Authorization Act for Fiscal Year 2019 (FY2019 NDAA).

Marco Rubio, Ben Cardin: Treasury and SBA Need to Fix 7(a) Loan Program

Due to a technical drafting error, the CARES Act and the Paycheck Protection Program and Health Care Enhancement Act did not create separate authorization levels for the 7(a) program and the Paycheck Protection Program.
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Marco Rubio Showcases PPP, Federal Programs for Small Business in Online, Telephone Events

At the end of last week, Rubio held a telephone townhall with U.S. Rep. Ross Spano, R-Fla., the only member of the Florida delegation on the U.S. House Small Business Committee.

Marco Rubio Wants More Guidelines from SBA, Treasury Department on Small Business Loans

At the end of last week, U.S. Sen. Marco Rubio, R-Fla., the chairman of the U.S. Senate Small Business and Entrepreneurship Committee, sent a letter to U.S. Small Business Administration (SBA) Administrator Jovita Carranza and U.S. Treasury Sec. Steven Mnuchin detailing a number of procedures and guidance that should be clarified within the Paycheck Protection Program.

Marco Rubio Urges SBA to Move Quickly on Sending Out Grants

On Friday, Rubio and U.S. Sen. Ben Cardin, D-Mary., the top Democrat on the committee,  sent a letter to SBA Administrator Jovita Carranza on the matter.
Front doors to small business

Florida’s Senators Try to Help Small Businesses With Coronavirus Stimulus Loans

With Congress and the White House agreeing on a $2.2 trillion stimulus package to help the economy through the coronavirus crisis, Florida’s senators are focused on the $377 billion included in it for small businesses.
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