PROTECTING SMALL BUSINESS, PROMOTING ENTREPRENEURSHIP

SBE Council Urges Swift Senate Action on Tax Package Advanced by House

By at 1 February, 2024, 2:18 pm

NEWS

For Immediate Release

Washington, D.C. – Following U.S. House passage of the “Tax Relief for American Families and Workers Act of 2024,” Small Business & Entrepreneurship Council (SBE Council) president & CEO Karen Kerrigan issued the following statement:

“The strong bipartisan passage of the ‘Tax Relief for American Families and Workers Act’ by the House sends a clear message to the Senate to act quickly on this vital legislation. The bill includes important measures that will help startups and small businesses navigate competitive pressures. The investment provisions will help to fuel investment, innovation and the resiliency of the small business sector, which will then yield immediate benefits for workers and local economies.”

“SBE Council applauds the bipartisan work that went into reaching consensus around these tax measures – especially the leadership of House Ways and Means Chairman Jason Smith and Ranking Member Richard Neal.  Now, we urge quick action by the Senate and every Senator to vote in favor of the legislation, which will support small businesses in what they do best – innovate, drive job growth, and strengthen the health of local economies throughout America.”

On January 18, SBE Council delivered a letter in support of the “Tax Relief for American Families and Workers Act,” which can be accessed or shared here.

CONTACT:

Karen Kerrigan, kkerrigan@sbecouncil.org

Raymond Keating: rkeating@sbecouncil.org

SBE Council is a nonpartisan advocacy, research and education organization dedicated to protecting small business and promoting entrepreneurship. For nearly 30 years, SBE Council has worked on and advanced a range of private sector and public policy initiatives to strengthen the ecosystem for strong startup activity and small business growth.

Visit www.sbecouncil.org for additional information. Twitter: @SBECouncil

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