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Small Business ALERTS, Advocacy December 1, 2014

Tuesday, December 2, 2014  
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December 1, 2014

Please see the update from the SBA Office of Advocacy. You can stay up-to-date on our office by reading our comment letters and reviewing our research. As always, we are seeking your input on current regulatory alerts and your participation in our regulatory roundtables. Please be in touch directly with the listed Advocacy contact for any questions or comments on these topics. Feel free to contact me with other questions or concerns.

——Erik Gulbrandsen

New Advocacy COMments

 

Comment Letter to DOJ: 11/24/14- Nondiscrimination on the Basis of Disability by Public Accommodations—Movie Theaters; Movie Captioning and Audio Description

New Regulatory Roundtables

 

SBA Environmental Roundtable

The next Office of Advocacy Environmental Roundtable will meet to discuss EPA’s: proposed rule on emissions from brick production; regulations in 2015 and the likely impact on small business.

Time & Date: 10:00 a.m. on Friday, December 5, 2014.

Location: Small Business Administration Headquarters, 409 Third Street SW, Washington, DC.

RSVP: Dave Rostker

 

SBA Employee Benefits Roundtable

The Office of Advocacy will host a roundtable to discuss tax reform proposals that would impact small business employee benefit plans, as well as the small business impacts of recent developments related to deferred compensation arrangements.

Time & Date: 10:00 a.m. on Wednesday, January 21, 2015

Location: Small Business Administration Headquarters, 409 Third Street SW, Washington, DC.

RSVP: Dillon Taylor

Open Comment Periods

 

Pay Transparency for Government Contractors

On September 17, the Office of Federal Contract Compliance Programs (OFCCP) of the Department of Labor released a proposed rule that would prohibit federal contractors from maintaining pay secrecy policies. The proposed rule would bar employers from discriminating or firing an employee because they talked or inquired about their pay to someone else. Contractors would also be required to disseminate this new provision to employees and job applicants.

Submit comments
here by December 16, 2014.

Advocacy contact: Janis Reyes at 202.205.6533

 

Regulatory Capital Rules

On September 4, 2014, the Farm Credit Administration published a proposed rule on Regulatory Capital Rules: Regulatory Capital, Implementation of Tier 1/Tier 2 Framework. This proposed rule that would revise the regulatory capital requirements for the Farm Credit System institutions.

Revisions include:

· tier 1 and tier 2 risk-based capital ratio requirements (replacing core surplus and total surplus requirements),

· a tier 1 leverage requirement (replacing a net collateral requirement for system banks),

· a capital conservation buffer,

· revised risk weightings, and

· additional public disclosure requirements.

The proposal is intended to help ensure that banks have enough capital to continue lending to creditworthy entities even if there are unforeseen losses or an economic downturn.

Submit comments here by January 2, 2014.

Advocacy contact: Jennifer Smith at 202.205.6943

 

IRS Proposes Regulations on Partnership “Hot Asset” Distributions

On November 3, 2014, the IRS issued proposed regulations that prescribe how a partner should treat his or her share of unrealized receivables and inventory items if the partner leaves the partnership and liquidates these assets. The IRS contends that “few small businesses are likely to be partners or partnerships required to make the disclosures required by the rule.”

Submit comments here by February 2, 2015.

Advocacy contact: Dillon Taylor at 202.401.9787

 

Contact

Elizabeth Horowitz
Office of Advocacy
U.S. Small Business Administration
Director of Information and Public Affairs
Elizabeth.horowitz@sba.gov
202-205-6934

Learn more

Visit the Office of Advocacy Website and Small Business Regulatory Alerts

Check out Advocacy’s Blog

Join us on Facebook and Twitter

Subscribe to Advocacy’s Email Lists for:
Advocacy’s News Releases and monthly newsletter, The Small Business Advocate,
Advocacy’s Small Business Research and Statistics and

Advocacy’s Regulatory Communications

To be removed from future mailings, reply to this message with the subject line, “Unsubscribe.”

 


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