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The Small Business Committee has oversight and legislative jurisdiction over the Small Business Administration and its programs, as well as provides assistance to and protection of small business, including financial aid and the participation of small business enterprises in federal procurement and government contracts.
The SBA was created on July 30, 1953, by Republican President Eisenhower with the signing of the Small Business Act, currently codified at 15 U.S.C. ch. 14A.The Small Business Act was originally enacted as the "Small Business Act of 1953" in Title II (67 Stat. 232) of Pub. L. 83–163 (ch. 282, 67 Stat. 230, July 30, 1953); The "Reconstruction Finance Corporation Liquidation Act" was Title I ...
Small business concerns as defined by federal regulations for the purposes of receiving small-entity discounts on patent fees may have a maximum of 500 employees, including affiliates. Thus, a business concern that might otherwise qualify for small-entity status might be disqualified if it is affiliated with one or more other business concerns ...
The Small Business Act Amendments of 1958 (Pub. L. 85–536, 72 Stat. 384, enacted July 18, 1958) withdrew Title II as part of that act and made it a separate act to be known as the "Small Business Act". Its function was and is to "aid, counsel, assist and protect, insofar as is possible, the interests of small business concerns".
The NFIB supported the America's Small Business Tax Relief Act of 2014 (H.R. 4457; 113th Congress), a bill that would amend section 179 of the Internal Revenue Code, which mostly affects small- to medium-sized businesses, to retroactively and permanently extend from January 1, 2014, increased limitations on the amount of investment that can be ...
The SBA (Small Business Administration) is a government agency that partners with approved lenders to offer a variety of loans for businesses. With SBA loans, the SBA guarantees a portion of the ...
An SBA loan is a business loan provided through the U.S. Small Business Administration. This federal organization exists to support small business owners in running successful businesses.
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