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Small Business ALERTS, Office of Advocacy, August 31, 2015

Wednesday, September 02, 2015  
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August 31, 2015

Dear Small Business Stakeholders,

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.

——Elle Patout Congressional Affairs and Public Relations Manager

NEW ADVOCACY COMMENT LETTERS

 

Comments to DOL: 8/21/15 Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees; Proposed Rule

Comments to GSA:  8/26/15 Proposed Regulation to Implement Executive Order 13673 “Fair Pay and Safe Workplaces”

Comments to DOL:  8/26/15 Proposed Regulation to Implement Executive Order 13673 “Fair Pay and Safe Workplaces”

REGIONAL SYMPOSIUM

 

On September 16, the Office of Advocacy will host a Regional Symposium in San Diego, California titled “Small Business and Government: Maximizing Entrepreneurship, Driving Innovation-Building a Foundation for Innovation and Global Growth.” The event will bring together participants from the private sector, public research and educational institutions, and the federal government to discuss the foundations of SBA Region 9’s strong innovation economy and the public policies necessary to ensure its continued success.  Panel topics will include strategies for funding research and development, access to the global marketplace, and fulfilling the future potential of the region’s diverse pool of entrepreneurial talent. To register for the event click here.

OPEN COMMENT PERIODS

 

Department of Labor’s Proposed Overtime Regulations

The Department of Labor’s Wage and Hour Division (DOL) published its proposed rule that amends the regulations under the Fair Labor Standards Act (FLSA) governing the “white collar” exemption from overtime pay for executive, administrative and professional employees.

The proposed rule from DOL:

·         would double the salary threshold for employees who are eligible to receive overtime pay, from $23,660 to $50,440. This salary threshold will also be updated every year in the Federal Register.

·         does not propose regulatory changes to the duties tests, which require employees to perform certain primary duties to qualify for an overtime exemption.  However, DOL is seeking feedback on whether these duties tests should be revised.

DOL estimates that this rule would:

·         directly affect 4.6 million American workers. Total direct employer costs for Year 1 are estimated to equal $592.7 million dollars. 

·         cost each small business, on average depending on the number of workers covered by the regulation, $100 to $600 in direct costs and $320 to $2,700 in additional payroll costs to employees in the first year after the promulgation of the proposed rule.

·         cause each small business to spend one hour of time for regulatory familiarization; one hour per each affected worker in adjustment costs; and five minutes per week scheduling and monitoring each worker expected to be classified as overtime eligible as a result of the proposed rule.

Advocacy is seeking feedback on the number and types of small businesses affected by this rulemaking, the compliance costs of this rule to these small businesses, and any significant regulatory alternatives that may minimize the impacts of this rule.

Submit comments here by September 4, 2015.   

Advocacy contact: Janis Reyes at 202-205-6533

 

EPA Proposes Emission Requirements for New Medium- and Heavy-Duty Vehicles

On July 13, 2015, the Environmental Protection Agency (EPA) and the National Highway Transportation Safety Administration (NHTSA) issued a joint proposed rule, “Greenhouse Gas Emissions and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and Vehicles—Phase 2.”  This proposed rule would further tighten greenhouse gas emission requirements for new Medium-Duty and Heavy-Duty vehicles.  It would also cover new trailers for the first time. 

Submit comments here by September 11, 2015.

Advocacy contact: David Rostker at 202-205-6966

 

IRS Issues Proposal to Eliminate Automatic Filing Extensions

On August 12, 2015, the Internal Revenue Service (IRS) issued proposed regulations that would eliminate the automatic extension of time to file information returns on forms in the W-2 series, effective for the 2017 filing series. 

The IRS requires employers to report wage and salary information for employees on Form W-2. Currently, employers who file Forms W-2 can receive an automatic 30-day extension with the IRS.  Then, a second 30-day extension may be requested.  In the proposal, the IRS warns that it would grant a non-automatic extension only in limited cases involving extraordinary circumstances or catastrophe. The IRS requests comments on the appropriate timing to remove the automatic 30-day extension including whether special transitional considerations should be given.

Submit comments here by November 12, 2015.  

Advocacy contact: Dillon Taylor at 202-401-9787.

UPCOMING ROUNDTABLE

 

On September 11, the Office of Advocacy will host an Environmental Roundtable. The roundtable will cover the “Federal Plan Requirements and Model Trading Rules for Greenhouse Gas Emissions from Existing Electric Utility Generating Units,” and the “New Source Performance Standards for Oil and Gas Production.”

Time & Date: Friday, September 11, 2015, 10:00am- 12:00pm

Location: Residence Inn, 333 E Street, SW, Washington DC

To RSVP contact: Tabby Waqar

 

 

 

August 31, 2015

Dear Small Business Stakeholders,

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.

——Elle Patout Congressional Affairs and Public Relations Manager

NEW ADVOCACY COMMENT LETTERS

 

Comments to DOL: 8/21/15 Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees; Proposed Rule

Comments to GSA:  8/26/15 Proposed Regulation to Implement Executive Order 13673 “Fair Pay and Safe Workplaces”

Comments to DOL:  8/26/15 Proposed Regulation to Implement Executive Order 13673 “Fair Pay and Safe Workplaces”

REGIONAL SYMPOSIUM

 

On September 16, the Office of Advocacy will host a Regional Symposium in San Diego, California titled “Small Business and Government: Maximizing Entrepreneurship, Driving Innovation-Building a Foundation for Innovation and Global Growth.” The event will bring together participants from the private sector, public research and educational institutions, and the federal government to discuss the foundations of SBA Region 9’s strong innovation economy and the public policies necessary to ensure its continued success.  Panel topics will include strategies for funding research and development, access to the global marketplace, and fulfilling the future potential of the region’s diverse pool of entrepreneurial talent. To register for the event click here.

OPEN COMMENT PERIODS

 

Department of Labor’s Proposed Overtime Regulations

The Department of Labor’s Wage and Hour Division (DOL) published its proposed rule that amends the regulations under the Fair Labor Standards Act (FLSA) governing the “white collar” exemption from overtime pay for executive, administrative and professional employees.

The proposed rule from DOL:

·         would double the salary threshold for employees who are eligible to receive overtime pay, from $23,660 to $50,440. This salary threshold will also be updated every year in the Federal Register.

·         does not propose regulatory changes to the duties tests, which require employees to perform certain primary duties to qualify for an overtime exemption.  However, DOL is seeking feedback on whether these duties tests should be revised.

DOL estimates that this rule would:

·         directly affect 4.6 million American workers. Total direct employer costs for Year 1 are estimated to equal $592.7 million dollars. 

·         cost each small business, on average depending on the number of workers covered by the regulation, $100 to $600 in direct costs and $320 to $2,700 in additional payroll costs to employees in the first year after the promulgation of the proposed rule.

·         cause each small business to spend one hour of time for regulatory familiarization; one hour per each affected worker in adjustment costs; and five minutes per week scheduling and monitoring each worker expected to be classified as overtime eligible as a result of the proposed rule.

Advocacy is seeking feedback on the number and types of small businesses affected by this rulemaking, the compliance costs of this rule to these small businesses, and any significant regulatory alternatives that may minimize the impacts of this rule.

Submit comments here by September 4, 2015.   

Advocacy contact: Janis Reyes at 202-205-6533

 

EPA Proposes Emission Requirements for New Medium- and Heavy-Duty Vehicles

On July 13, 2015, the Environmental Protection Agency (EPA) and the National Highway Transportation Safety Administration (NHTSA) issued a joint proposed rule, “Greenhouse Gas Emissions and Fuel Efficiency Standards for Medium- and Heavy-Duty Engines and Vehicles—Phase 2.”  This proposed rule would further tighten greenhouse gas emission requirements for new Medium-Duty and Heavy-Duty vehicles.  It would also cover new trailers for the first time. 

Submit comments here by September 11, 2015.

Advocacy contact: David Rostker at 202-205-6966

 

IRS Issues Proposal to Eliminate Automatic Filing Extensions

On August 12, 2015, the Internal Revenue Service (IRS) issued proposed regulations that would eliminate the automatic extension of time to file information returns on forms in the W-2 series, effective for the 2017 filing series. 

The IRS requires employers to report wage and salary information for employees on Form W-2. Currently, employers who file Forms W-2 can receive an automatic 30-day extension with the IRS.  Then, a second 30-day extension may be requested.  In the proposal, the IRS warns that it would grant a non-automatic extension only in limited cases involving extraordinary circumstances or catastrophe. The IRS requests comments on the appropriate timing to remove the automatic 30-day extension including whether special transitional considerations should be given.

Submit comments here by November 12, 2015.  

Advocacy contact: Dillon Taylor at 202-401-9787.

UPCOMING ROUNDTABLE

 

On September 11, the Office of Advocacy will host an Environmental Roundtable. The roundtable will cover the “Federal Plan Requirements and Model Trading Rules for Greenhouse Gas Emissions from Existing Electric Utility Generating Units,” and the “New Source Performance Standards for Oil and Gas Production.”

Time & Date: Friday, September 11, 2015, 10:00am- 12:00pm

Location: Residence Inn, 333 E Street, SW, Washington DC

To RSVP contact: Tabby Waqar

CONTACT

Elle Patout
Office of Advocacy
U.S. Small Business Administration
Congressional Affairs and Public Relations Manager
elle.patout@sba.gov
202-205-6941


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