A bipartisan bill designed to curb barriers facing America’s small businesses was unanimously passed by the U.S. House of Representatives Small Business Committee last week, creating increased access to financing for a new crop of employee-owned businesses.
The nation’s cooperative businesses are poised to be an integral part of achieving a 10-year infrastructure plan released by the White House yesterday, but a concurrent proposal to gut the only federal program dedicated to advancing the impact of cooperative businesses nationwide jeopardizes that potential.
NCBA CLUSA is joining its international nonprofit partners to call for no less than $59.1 billion to maintain U.S. leadership on foreign assistance.
In a letter last week to the U.S. Department of Agriculture (USDA) and Secretary of Agriculture Sonny Perdue, NCBA CLUSA President and CEO Doug O’Brien joined 35 business and nonprofit groups calling for support for Food for Progress and other USDA development funding.
As the U.S. House of Representatives narrowly approved changes to the tax code last week and the Senate considers the measure, the cooperative community is monitoring how the tax overhaul could affect member-owners of the nation’s 40,000 cooperative businesses. The legislation includes cuts to corporate taxes and changes the way other income and expenses are treated.