SAFER Banking Act Set to Roll to the Senate Floor
The act would protect Big “I” members from criminal and civil liability and provide clarity for transactions involving legitimate cannabis-related businesses.
News
Third-Party Litigation Funding Scrutinized in House Oversight Committee
The hearing investigated how outside capital is funding litigation against companies and agencies to achieve policy goals and examined the lack of oversight in this area.
Legislation Making Tax Relief for Small Businesses Permanent Reintroduced in House
The deduction, which is scheduled to expire at the end of 2025, is heavily relied upon by many Big “I” members and their clients to expand their small businesses, hire more employees, and better serve their communities.
Senate Reintroduces Bill to Make 20% Tax Deduction for Small Businesses Permanent
The deduction is set to expire in 2025 but is heavily relied upon by many Big “I” members and their clients.
No Federal Oversight of Premium Financing, Thanks to Big ‘I’
The Consumer Financial Protection Bureau was considering the adoption of burdensome mandates that would have disrupted premium finance transactions.
Small Businesses Face Higher Taxes in President Biden’s FY2024 Budget
The more than $4 trillion in tax hikes this budget proposes would dangerously target small businesses.
House Republicans Oppose FTC Noncompete Ban
House Republicans’ letter states that the FTC is exceeding its delegated authority and lacks congressional authority in federal statute to initiate this type of rulemaking.
Big ‘I’ Urges Congress to Maintain State Implementation of Federal Privacy Standards
The House Financial Services Committee has released draft legislation to amend and bolster the privacy requirements created by the Gramm-Leach-Bliley Act.
House Passes Bill to Cut IRS Funding
The legislation, which passed on partisan lines, was the House Republicans’ first major bill of the year and was one of their top campaign issues throughout the midterms.
