[House Hearing, 119 Congress]
[From the U.S. Government Publishing Office]


                               MEMBER DAY
=======================================================================

                                HEARING

                               BEFORE THE

                      COMMITTEE ON SMALL BUSINESS
                      
                             UNITED STATES
                        HOUSE OF REPRESENTATIVES

                    ONE HUNDRED NINETEENTH CONGRESS

                             FIRST SESSION

                               __________

                              HEARING HELD
                              
                              MAY 6, 2025

                               __________

[GRAPHIC NOT AVAILABLE IN TIFF FORMAT]                               

            Small Business Committee Document Number 119-010
             Available via the GPO Website: www.govinfo.gov
             
                               __________

                   U.S. GOVERNMENT PUBLISHING OFFICE                    
60-426                  WASHINGTON : 2025                  
          
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                   HOUSE COMMITTEE ON SMALL BUSINESS

                    ROGER WILLIAMS, Texas, Chairman
                        PETE STAUBER, Minnesota
                        DAN MEUSER, Pennsylvania
                         BETH VAN DUYNE, Texas
                           JAKE ELLZEY, Texas
                         MARK ALFORD, Missouri
                         NICK LALOTA, New York
                        BRAD FINSTAD, Minnesota
                          TONY WIED, Wisconsin
                      ROB BRESNAHAN, Pennsylvania
                          BRIAN JACK, Georgia
                         TROY DOWNING, Montana
             KIMBERLYN KING-HINDS, Northern Marina Islands
                         DEREK SCHMIDT, Kansas
                        JIMMY PATRONIS, Florida
               NYDIA VELAZQUEZ, New York, Ranking Member
                       MORGAN MCGARVEY, Kentucky
                       HILLARY SCHOLTEN, Michigan
                      LAMONICA MCIVER, New Jersey
                        GIL CISNEROS, California
                       KELLY MORRISON, Minnesota
                        GEORGE LATIMER, New York
                         DEREK TRAN, California
                       LATEEFAH SIMON, California
                       JOHNNY OLSZEWSKI, Maryland
                        HERB CONAWAY, New Jersey
                    MAGGIE GOODLANDER, New Hampshire

                 Lauren Holmes, Majority Staff Director
                 Melissa Jung, Minority Staff Director
                            
                            C O N T E N T S

                           OPENING STATEMENTS

                                                                   Page
Hon. Roger Williams..............................................     1
Hon. Derek Tran..................................................     2

                               WITNESSES

Hon. Mike Kelly..................................................     4
Hon. James C. Moylan.............................................     7
Hon. Tony Wied...................................................     8
Hon. Gus M. Bilirakis............................................     9
Hon. Ben Cline...................................................    10
Hon. LaMonica McIver.............................................    11
Hon. Brian Jack..................................................    12

 
                               MEMBER DAY

                              ----------                              


                          TUESDAY, MAY 6, 2025

                  House of Representatives,
               Committee on Small Business,
                                                    Washington, DC.
    The Committee met, pursuant to call, at 1:00 p.m., in Room 
2360, Rayburn House Office Building, Hon. Roger Williams 
[chairman of the Committee] presiding.
    Present: Representatives Williams, Patronis, Wied, Jack, 
Finstad, Tran, McIver, and Simon.
    Chairman WILLIAMS. Before we get started, I want to 
recognize Ms. Simon, who is going to lead us in the pledge and 
the prayer. Would you please stand?
    Ms. SIMON. [Audio malfunction] And we acknowledge that you 
put us here to serve and to speak truth and to be together to 
do the right thing. The right thing meaning your way and your 
stead. The beautiful and amazing guests that we have here today 
amplify the tapestry of this beautiful nation that you have set 
forth and you allow us to be in, and we are so thankful. 
Heavenly Father, in your name, in the name of your son, Jesus 
Christ, we say amen.
    I pledge allegiance to the flag of the United States of 
America. And to the Republic for which it stands, one nation 
under God, indivisible, with liberty and justice for all.
    Chairman WILLIAMS. Good morning or good afternoon. I now 
call the Committee on Small Business to order. Without 
objection, the Chair is authorized to declare a recession of 
the committee at any time. I now recognize myself for my 
opening statement.
    Welcome to today's House Committee on Small Business 
Opening Day hearing or Member Day hearing. I want to thank each 
of you for taking the time to come before the committee to 
share what you are hearing from small business owners in your 
districts. Member Day is an opportunity for us to get a pulse 
on the issues facing Main Street America. We deeply value your 
time and the voice of you and your constituents.
    Now, to me, owning a small business embodies the very 
essence of the American dream. The opportunity for an American 
from any background to take risk, work hard, and build a better 
future for themselves, their families, and their communities. 
Our economy depends on small business and the workers they 
employ. In fact, 99 percent of businesses are small, and they 
employ half of American workers. From local manufacturers to 
retail employees, service workers, and bankers, small 
businesses are the heartbeat of our economy, shaping their 
communities through their dedication, creativity, and 
resilience.
    It is no secret that small businesses have faced historic 
challenges over the past four years: the COVID-19 pandemic, 
out-of-control inflation, broken supply chains, high interest 
rates, and a National labor shortage. To add insult to injury 
and over-regulation, bad policy under the previous 
administration hurts small businesses even further. Every extra 
hour of paperwork is one less hour they can tend to their 
personal livelihoods, and every inflated tax is an extra dollar 
that could have gone back into their business. We see hope on 
the horizon through a pro-business administration committed to 
lowering taxes and cutting regulations. House Republicans are 
working with President Trump and Ambassador Loeffler to create 
an environment where businesses can thrive. We salute the 
entrepreneurs who continue to fight and give selflessly back to 
their communities. We are eager to enact policy solutions that 
will help have a path toward success for both now and the 
future.
    Here on the Committee on Small Business, our mission is to 
listen, learn, and better understand the challenges of 
committees' opportunity impacts on Main Street America. That is 
why we look forward to hearing from representatives from across 
the country as they recount the experiences of small business 
owners in their district. Today's conversation will shed light 
on many of these challenges plaguing American small business. 
Increasing the dialogue between Members can--and off the 
committee--can only strengthen and broaden our understanding of 
how to better serve our nation's biggest job creators.
    I want to thank all of you for being here today. I am 
looking forward to today's conversation. With that, I yield to 
Mr. Tran from the great state of California for opening 
remarks.
    Mr. TRAN. Thank you, Mr. Chairman. Today we will hear 
directly from our fellow Members of Congress about their views 
on the federal programs and policies that promote small 
business creation and growth. In the last four years, our 
nation has seen an unprecedented small business boom and come 
back in the face of an equally unprecedented global pandemic 
and recession. Under the previous administration, main street 
received critical assistance and investment from historic 
legislative victories, putting our economy on a uniquely strong 
path to recovery. Small employers startup--tech startups--
operating out of their garages, family farms, and main street 
restaurants all flourished in the last four years. They are 
joined by 22 million new small businesses. We are well on our 
way to a slice of the American dream.
    But since then, the Trump administration has proven to be a 
nightmare for entrepreneurs. Members of both parties are 
hearing at town halls nationwide that America's main streets 
are increasingly threatened by the economic uncertainty and 
chaos emanating from the Trump administration's policies. In 
particular, President Trump's tariffs imperil the livelihoods 
of millions of American entrepreneurs and employers, all of 
whom are staring down added costs ranging from tens of 
thousands to hundreds of thousands. In fact, 88 percent of 
small firms rely upon imports for the goods they produce and 
sell, with many inputs and components lacking viable domestic 
alternatives. Furthermore, the suddenness of these tariffs, as 
well as their pauses and increases, ignores how most businesses 
operate regardless of their size. As the White House repeatedly 
flip-flops on tariffs, small business owners and their 
customers cannot reasonably predict how products will be priced 
next month, next week, or even tomorrow.
    Small business owners and even the U.S. Chamber of Commerce 
are begging the Trump administration for immediate tariff 
relief. And the White House has spurned their pleas for help, 
instead promising tax cuts for the rich and powerful at the 
expense of the everyday American. And the pain won't let up. 
The Trump administration's first hundred days have seen 
economic activity contract by 2.8 percent and our ports empty 
out. With uncertainty rippling through all sectors of our 
nation's economy, America is risking an entirely preventable 
recession.
    Mr. Chairman, I would be remiss if I didn't mention that 
this week is National Small Business Week, where on this 
committee we honor the 35 million small businesses in our 
nation and recommit to promoting and protecting the jobs and 
livelihoods they sustain. I would also be remiss if I didn't 
remind my colleagues that these same small businesses are 
disproportionately harmed by recession. That is why this 
hearing is especially timely. As elected officials and 
policymakers, our duty is to build on the progress that small 
businesses have made and to give them the resources they need 
to thrive. To achieve this, we need a keen understanding of the 
greatest challenges, challenges facing small business owners in 
our district. I know when we all go home, we are eager to hear 
from entrepreneurs about the policies that serve them well and 
what we can improve on.
    Thank you to all the Members testifying and taking the time 
out of their day to share their perspectives that they have 
heard from their small business constituents. Today, our 
committee has a chance to have an open, frank dialogue about 
how we can all stand up and support Main Street America. I look 
forward to our discussion. And with that, Mr. Chairman, I yield 
back.
    Chairman WILLIAMS. The gentleman yields back. And before we 
continue, I would like to take a moment to explain how this 
hearing will proceed. Each Member will be given 5 minutes to 
deliver their testimony. And after they finish speaking, we 
will briefly pause as we change the panel to accommodate the 
next Member.
    With that, I would like to introduce our first Member, 
Representative Mike Kelly, my friend and a fellow car dealer 
from the great state of Pennsylvania, and I recognize him to 
deliver his 5 minutes of testimony.

  STATEMENTS OF HON. MIKE KELLY, A REPRESENTATIVE IN CONGRESS 
    FROM THE STATE OF PENNSYLVANIA; HON. JAMES C. MOYLAN, A 
  REPRESENTATIVE IN CONGRESS FROM THE TERRITORY OF GUAM; HON. 
   TONY WIED, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF 
WISCONSIN; HON. GUS M. BILIRAKIS, A REPRESENTATIVE IN CONGRESS 
FROM THE STATE OF FLORIDA; HON. BEN CLINE, A REPRESENTATIVE IN 
 CONGRESS FROM THE STATE OF VIRGINIA; HON. LAMONICA MCIVER, A 
 REPRESENTATIVE IN CONGRESS FROM THE STATE OF NEW JERSEY; AND 
HON. BRIAN JACK, A REPRESENTATIVE IN CONGRESS FROM THE STATE OF 
                            GEORGIA

STATEMENT OF HON. MIKE KELLY, A REPRESENTATIVE IN CONGRESS FROM 
                   THE STATE OF PENNSYLVANIA

    Mr. KELLY. Thank you, Chairman. It is really good to be 
with you, especially when the car guys get together. I think we 
always talk about how business is going. And quite frankly, 
from both opening remarks, I guess it is a tale of two cities. 
I watched for four years as we tried to get through the 
previous administration with all the types of things that were 
put in our way, and now we are into the Trump administration. 
And I would just remind you, we are talking about the 30 days 
since we started on the tariffs. It is not 30 weeks or 30 
months. And I think the impact while we have all these ideas of 
how bad it has become.
    I got to tell you, I am on the lot when I go home, and 
where I am from, it is a little different view of the world. 
And I tell people all the time, if you want to know how 
important small businesses are, if you have a son who plays 
little league baseball, see whose name is on the outfield 
fence; if you have a daughter who is maybe performing in a 
school play, open up the program, and you are going to see 
whose name is inside the program because we pick up the tab on 
almost everything there is in our small towns and our small 
businesses and wherever it is that we live and work. So it has 
been an honor for me to serve with Roger because we understand 
each other so much on what it is and it takes to make a 
business prosper.
    And the other side of it is the economic impact that small 
businesses have. We pay incredible taxes. We provide benefits. 
We provide an idea that, you know what? This is a business that 
I can--I can work as hard as I want, I can keep working, and I 
can prosper from it. There are times that it is tougher than 
other times. We get that. I have been through both sides of it. 
I have been through the situation where I can't imagine how I 
am going to make payroll. The 6th and the 21st were always the 
biggest days of the month for me, and people would say, is that 
an anniversary? I said, no, it was payroll. And I know that for 
people who are in small businesses, we never missed a payday. 
That is not bragging, by the way. Now, there were days I didn't 
get paid, but for the team that worked together every single 
day, we were there for them. But I think the backbone of 
America really is small. Small business is the big business of 
America. And I think the way we participate in our communities, 
it has nothing to do with other than the fact that we are all 
on the same field at the same time and trying to make sure that 
everybody, at the end of the day, walks away thinking, you know 
what? That was not a wasted day. That was a day where I 
actually achieved something.
    When I walked in, I got a chance to meet Roger's family. It 
kind of reminds me of my own. And you see these little people 
as they grow up. And I think Roger and I are the same. My first 
job at the dealership was cleaning restrooms and washing cars 
and delivering cars to parts to body shops that needed them. So 
we were always on the road or in the shop or doing something. 
But the real reward for me was watching John Reamers retire and 
Jim Ippolito (phonetic) retire. People say, who are those guys? 
I said, well, those are two people that worked for us. One was 
a tech and the other worked in the parts department. My dad, in 
1971, right after I had graduated from school, called me in and 
says, listen, there is going to be a guy coming in to talk to 
us today, and he is going to talk to us about a pension 
program. I said, why would he be doing that? He said, well, at 
21, you have no idea what it looks like, but you will later on.
    So why do I bring up those two names? When my dad 
instituted that program, when John Reamers retired and Jim 
Ippolito retired, they had tears in their eyes when they came 
in. My dad had already left the business, but they said, if it 
had not been for your dad and the program that he put in place, 
we never would have been able to retire on just what we had 
been able to save. And I thought, you know what? That is what 
my dad was talking about back then. And I think Roger and I 
share the same thing. Our commitment is not so much to 
ourselves. Our commitment to ourselves is that you are going to 
open those doors every day, and you are never going to miss the 
6th or the 21st. You are going to be there, not just for the 
team that you work with every day, but for the community you 
live in.
    And so I think when you talk about small business, people 
tell me, well, big business is the backbone. I said, no, it is 
not. No, it is not. Please come into our communities. They have 
a presence, but their presence is name only. It is not that 
they are on the field every single day. We don't miss 
birthdays; we don't miss anniversaries. And again, as my friend 
lost his wife this year, we share in grief times, too. So it is 
a pleasure to be with you today. Please keep the eye on the 
ball. It is about small businesses making it possible for us to 
be prosperous.
    I got to tell you, there are two times in my life that I 
didn't pay one penny in income tax. And I am on Ways and Means, 
and they asked me, how did you get away with that? I said, we 
lost money that year. So the key to everything in small 
business, and every business, you must be profitable. So you 
can do everything. Not only do you pay income tax, but you are 
putting money into payroll, into retirement plans, into health 
care plans. That takes the burden off hardworking American 
taxpayers every day.
    So the success of small business is the success of America. 
So I can't tell you how proud I am to be here with you today, 
sir. And we are the backbone. We are the backbone of America. 
Thank you so much. And thanks for having this meeting.
    Chairman WILLIAMS. Thank you, Representative Kelly, for 
your friendship and your commitment to this country. And if--do 
we have any Members that have any questions? Well with--well, 
then nobody is asking who sells them cheaper, you or me.
    Mr. KELLY. Well, wait. We do, I think. Yes. Yes, ma'am?
    Chairman WILLIAMS. Yes, Ms. Simon?
    Ms. SIMON. I came all this way. I think you deserve a 
question, right? Planes, trains, and automobiles. My name is 
Lateefah Simon, and I come from the great state of California, 
which our Chair reminds me of often, and I appreciate that. 
Well, thank you all, to all the witnesses, but one I just want 
to thank you for your testimony. It was heartening. Regardless 
of where and who we are, how we vote, you know, your testimony 
was extremely compelling. I guess I do have a question, and it 
is really the question, and there is no right or wrong answer, 
your hopes for this committee as we move forth. You know, there 
is so much, so much at stake, clearly, for every American. The 
SBA is a very, very important agency. We do some oversight over 
SBA. Just curious, for small businesses like yours, you 
literally keep folks going, right?
    Mr. KELLY. Yes, ma'am.
    Ms. SIMON. What do you need? What do you need from the 
United States Congress from this particular committee?
    Mr. KELLY. I think what we need more than anything else--
because these are not red or blue issues, these are red, white, 
and blue issues. I think too often we get separated by our 
politics and not our--and we need to look at our policy. The 
policies affects every single American every single day and 
what we decide on. So I would hope that--and I--and I know that 
Roger and I are the same way. Anytime anybody came into our 
store, we had always say, what can I help you with today? And I 
think when we come in here to the Congress, we should be 
looking back home to the three-quarters of a million people 
that we represent. Say, what can we do to help you today? 
Because I know when small business is successful, America is 
successful, and we do so much in our communities, in addition 
to payroll, which is a big part of it, but our very presence is 
what adds hope and trust in the future for America. It is small 
business that is America's biggest business.
    Ms. SIMON. I appreciate you talking about payroll. Since I 
was 20 years old, I have had staff, and that day before 
payroll, when you don't have the cash balance, we all sweat, 
and then we figure it out and we make it, and we don't get 
paid. So thank you for really modeling. I think, our Chair and 
our Ranking Member, who isn't here today, and our Ranking 
Member instead, we can say that this is one of the most 
productive committees in the United States Congress because we 
get exactly what you are saying: that regardless who you are, 
what you look like, who you pray to, the backbone of every 
small town, of every big city, the sandwich shop, the car 
dealer, the--the tire salesman, the local ice cream shop, they 
build who we are. They are who we are. The cupcake lady.
    Mr. KELLY. Yeah.
    Ms. SIMON. So I just really appreciate you, and I hope you 
can come back and continue to educate us as we move through a 
very, what we think is going to be, a very lively 2 years. 
Thank you, sir.
    Mr. KELLY. Yes, ma'am. Thank you so much.
    Chairman WILLIAMS. Thank you.
    Mr. KELLY. Mr. Chairman.
    Chairman WILLIAMS. We need to move on to the next.
    Mr. KELLY. Okay.
    Chairman WILLIAMS. Okay. Thank you for being here.
    Mr. KELLY. Thank you.
    Chairman WILLIAMS. Appreciate you greatly.
    Mr. KELLY. Thank you.
    Chairman WILLIAMS. Very much. And now we will bring up 
delegate James Moylan from Guam.

STATEMENT OF THE HON. JAMES MOYLAN, A DELEGATE IN CONGRESS FROM 
                     THE TERRITORY OF GUAM

    Mr. MOYLAN. Thank you, Mr. Chairman, and Ranking Member 
Tran. I want to thank you for hosting this Member Day. Thank 
you very much.
    For over 6 decades, since what we call Super Typhoon Karen 
devastated our island in 1962, the SBA branch office has been 
the cornerstone in providing disaster loans and grants, 
enabling businesses and residents not only to recover and 
rebuild but to thrive as well. However, the recent decision to 
close Guam SBA branch office in April of this year poses 
significant challenges for our island. The transfer of 
responsibility to Hawaii SBA office, more than 3,800 miles and 
5 time zones away, poses many risks. The distance and time zone 
differences will lead to delays in service and limited 
accessibility for small businesses in Guam. Without a local 
branch office, our communities will face additional challenges 
in accessing much-needed assistance.
    Now, I commend the support of SBA's efforts to streamline 
spending, empower small businesses, and to eliminate fraud, 
waste, and abuse. However, the current reality falls short in 
considering the unique challenges of the Pacific Islands. The 
current plan to assign a Procurement Center representative to 
work alongside the Small Business Development Center, SBDC, at 
the University of Guam fails to address the urgent needs of our 
local community, especially as we host the military buildup.
    While the SBDC plays an important role, it is primarily 
designed to support SBA counseling, often with an international 
focus. The SBDC is not meant to serve as a substitute for Guam 
SBA branch office functions that assist Guam businesses. The 
Pacific territories are now the only jurisdiction in the entire 
nation that lacks on-the-ground SBA services. Every state has a 
district office, even Puerto Rico and the U.S. Virgin Islands, 
where they have only a single district office to serve both 
territories, SBA is retaining their presence. Yet for Guam, the 
Commonwealth of the Northern Marianas, and American Samoa, we 
must rely on a district office thousands of miles away to 
access SBA services.
    The recent decision leaves me with a question: why do small 
businesses in the Pacific territories face such a challenge 
when nowhere else is this the case? To properly address our 
island needs, Guam requires a fully operational SBA branch 
office. Faced with unique challenges, including higher costs of 
doing business and vulnerabilities to natural disasters, Guam 
small businesses rely heavily on all SBA services, especially 
direct on-the-ground assistance. Eliminating the presence on 
island dismisses federal responsiveness and risks undermining 
our local economy.
    So I respectfully urge this committee, Mr. Chairman, to 
ensure that every state and territory small business 
communities has the resources they need to thrive. Small 
businesses are the cornerstone of America, and we as Congress 
must take action to ensure that main street has the tools they 
need to succeed. Small business owners deserve continuity of 
service and support to ensure their survival and success, 
regardless of where they are located. Mr. Chairman, I thank you 
for your attention on this issue. Thank you.
    Chairman WILLIAMS. Thank you very much for appearing. And 
we do have time for a 1-minute question? From anybody? Okay, 
seeing none. Thank you very much. I now recognize 
Representative Tony Wied from the great state of Wisconsin for 
5 minutes.

STATEMENT OF HON. TONY WEID, A REPRESENTATIVE IN CONGRESS FROM 
                     THE STATE OF WISCONSIN

    Mr. WIED. Well, thank you, Mr. Chairman, and thank you to 
my colleagues who came to speak today. As most of you may know, 
this week is National Small Business Week, a time when we 
celebrate the hard work and contributions that entrepreneurs 
and small businesses make to our economy.
    As a former small business owner, I know firsthand how 
difficult it is to run a successful company. For too long, 
small businesses on main street have been overlooked in favor 
of big businesses on Wall Street. House Republicans are 
committed to supporting President Trump's efforts to refocus 
the Small Business Administration away from the bloated 
regulatory agency primarily staffed by career bureaucrats in 
Washington, D.C., towards its original mission of helping small 
businesses inside their communities. Last week, this committee 
did just that. We passed out of committee bills that moved 30 
percent of SBA staff out of Washington, D.C., required proof of 
citizenship for SBA loans, and prohibited the SBA from engaging 
in any voter registration activities. These are all common 
sense bills that refocus the Small Business Administration 
toward its original mission.
    One of the biggest changes we have seen from the SBA under 
the Trump administration is an increased focus on manufacturing 
right here in the United States of America. From shipbuilding 
to paper products, Wisconsin's 8th district is a manufacturing 
hub with almost one quarter of our working population employed 
in this vital economic sector. I am committed to improving 
access to capital, reducing regulations, and supporting 
technical school graduates as we re-shore American 
manufacturing. I am looking forward to working with the 
Administrator Loeffler and Members of this committee to promote 
manufacturing in Wisconsin's 8th district and across our entire 
country. There is work to be done, and I, along with the Small 
Business Committee colleagues of mine, are committed to making 
main street great again. Thank you. I yield back.
    Chairman WILLIAMS. The gentleman yields back. 1-minute 
question? Okay. Our next Representative and Congressman is Gus 
Bilirakis, a good friend from the great state of Florida.

 STATEMENT OF HON. GUS BILIRAKIS, A REPRESENTATIVE IN CONGRESS 
                   FROM THE STATE OF FLORIDA

    Mr. BILIRAKIS. It is good to see my good friend here, my 
fellow baseball fan and also my fellow Floridian, a very good 
friend, Jimmy Patronis. Great to see you here, Jimmy. So I want 
to thank you, Mr. Chairman. I really appreciate you. I want to 
thank you for holding this Member's Day hearing. It is great to 
testify in front of you during the National, again, Small 
Business Week.
    Florida is home, as you know, to approximately 2.3 million 
small businesses, which employ about 3.1 million people. So I 
said billion, I meant million. This represents 43.2 percent of 
the state's private sector workforce. I always enjoy meeting 
with small business owners in my district who are the lifeblood 
of our community. As a matter of fact, Mr. Patronis has 
probably the best restaurant, and I am going to get in trouble 
with my constituents, but in any case, one of the best 
restaurants in the state of Florida in Panama City. And I know 
he doesn't own it anymore, but it is still in his family.
    So I have many such meetings this year with small business 
owners and have held budget workshops to hear what my 
constituents would like to see out of Washington, D.C. The 
number one concern I have heard from the owners of these 
businesses is the need for an extension of the provisions in 
the 2017 Tax Cuts and Jobs Act. I know you agree, Mr. Chairman. 
These tax policies have allowed hard-working Americans to hold 
on to more of their paychecks and let small businesses in our 
state flourish and reinvest in their communities. Some 
provisions that have allowed businesses to grow are the 
deduction for research and development expenses, bonus 
depreciation, and a competitive interest deductibility 
standard. The gains that have been made since 2017 are at risk 
if we do not extend these tax provisions.
    Additionally, small businesses are most at risk since they 
are overwhelmingly structured as pass-through entities. They 
have benefited from the qualified business income deduction and 
the personal income tax rate, which are set to expire. Pass-
through entities account for 48 percent of private sector for-
profit employment in Florida. In my district alone, 63,010 
taxpayers claim the 20 percent deduction, the pass-through 
deduction, in 2020. This amounted to a collective tax benefit 
of $425,022,000. The expiration of this provision would inflict 
severe damage to those small business owners and have a 
detrimental impact on our community. We can't have that. Within 
the community at large, the average taxpayer in Florida would 
see a 23 percent tax hike if the 2017 tax cuts are not 
extended. It would amount to the largest tax increase in 
history. Again, we can't have that, Mr. Chairman. This is 
unacceptable as far as I am concerned.
    Similarly, I have talked to small business owners who have 
been able to hire more workers and expand their businesses but 
would have to scale back if the tax cut provisions were to 
expire. We need to ensure that owners are given the tools they 
need to continue to make these investments and grow their 
communities. So again, small businesses are the backbone of 
America. I don't have to tell you, Mr. Chairman. A permanent 
extension would give business owners the long-term tax 
stability they need to plan and invest in their future with 
confidence. As small businesses succeed, America succeeds. That 
is the bottom line.
    I support making the Tax Cuts and Jobs Act provisions 
permanent and look forward to continue to work with you again 
and for the entire committee. As a matter of fact, Mr. 
Patronis, my dad served on this committee, Congressman Bill 
Bilirakis, his first term, and I tell you, it is a great 
committee. Thank you. God bless you, and I yield back.
    Chairman WILLIAMS. Thank you, Gus, for those words, and 
also thank you for your family that has been representing this 
great country for so long. Thank you very much. Do we have a 1-
minute question? Okay, seeing none. Ben Cline from the great 
state of Virginia for 5 minutes. One of the great golf putters 
of all time right here.

STATEMENT OF HON. BEN CLINE, A REPRESENTATIVE IN CONGRESS FROM 
                     THE STATE OF VIRGINIA

    Mr. CLINE. Mr. Chairman, thank you. It is an honor to be 
before the committee. I appreciate the opportunity to be here 
on Small Business Week to join you in the celebration. And it 
is an honor to discuss legislation that I have introduced that 
supports and positively impacts small businesses not only in my 
district, the 6th District of Virginia, but across the nation.
    The Small Business Regulatory Flexibility Improvements Act 
is an important piece of legislation under the jurisdiction of 
the committee that will help American small businesses comply 
with the overwhelming weight of federal regulation. As you 
know, small businesses around the United States are at a 
disadvantage when complying with burdensome federal 
regulations. And such regulations, including one-size-fits-all 
rules that raise prices at the cash register, cause significant 
economic harm to small businesses and consumers. Burdensome 
regulations also can keep some small businesses out of the 
market altogether. Facing insurmountable compliance costs, 
potential entrepreneurs all too often choose to never open 
their small businesses in the first place.
    Under the existing Regulatory Flexibility Act, the FRA, 
agencies that issue economically burdensome regulations are 
required to take small businesses into account. But all too 
often, agencies don't comply with the RFA's mandates. While the 
RFA requires agencies to study the effect of their regulations 
on small businesses in up to 75 percent of rulemakings, the 
agencies either ignored costs on small businesses or 
underestimated the regulation's cost, according to NFIB.
    H. R. 358, the Small Business Regulatory Flexibility 
Improvements Act, would strengthen the RFA's already existing 
provisions and deter agencies from skirting their statutory 
obligations to American small businesses. H. R. 358 requires 
that agencies convene small business review panels when 
promulgating all major rules, which gives small businesses a 
seat at the table to voice their concerns about the 
economically harmful regulations. It also requires regulators 
take indirect costs of their regulations into account. As you 
know, the bulk of the harm from regulations comes from the 
indirect cost of compliance. This bill addresses the oversight 
in the federal regulatory process. Further, it authorizes the 
Small Business Association's chief advocacy council to create 
rules mandating how agencies must conduct their analyses.
    Finally, it mandates that all rules as defined under the 
Administrative Procedures Act, not just notice and comment 
rulemakings, are covered by RFA's analysis requirements. As you 
know, Mr. Chairman, the RFA was passed in 1980, but there are 
still agencies which do not take the specific needs of small 
businesses into account when crafting regulations, and 
ultimately, federal regulators have failed in their obligations 
to American small business owners under the RFA.
    So, Mr. Chairman, in conclusion, H. R. 358, the Small 
Business Regulatory Flexibility Improvements Act, is a common 
sense effort to ensure regulators comply with the RFA's 
provisions as Congress intended by fully considering the total 
regulatory impact on small business owners when crafting 
legislation. I hope it will be the will of the Committee to 
report the bill out and put it to your consideration. And I 
thank you for the opportunity today.
    Chairman WILLIAMS. Thank you, Congressman. Thank you for 
your leadership.
    Mr. CLINE. Thank you, Mr. Chairman.
    Chairman WILLIAMS. I now recognize Representative McIver 
from the great state of New Jersey for 5 minutes.

STATEMENT OF HON. LAMONICA MCIVER, A REPRESENTATIVE IN CONGRESS 
                  FROM THE STATE OF NEW JERSEY

    Ms. MCIVER. Thank you, Chairman and Ranking Member, for 
holding this hearing, and thank you to our fellow Members of 
Congress for coming to share their small business goals with us 
today. First of all, happy Small Business Week to all of the 
small businesses who are tuned into us today. If you are so 
lucky to be tuned into us today via C-Span I proudly represent 
the 10th Congressional District in the great state of New 
Jersey, which has a GDP of more than $200 billion and is home 
to more than 5,000 businesses, many of them thriving small 
businesses. These small businesses are not just job creators; 
they are community builders, and they are driving growth. They 
also include local gems like Big Rocs Deli, owned by and 
operated by Rocmond, and Casa De Flora, a beautiful flower shop 
owned by Maritza.
    We are at a pivotal moment for small businesses like these 
and the Small Business Administration. The economy is 
officially contracting well on its way into a recession, all 
while the SBA engages in mass layoffs of qualified and 
experienced employees and moves forward with plans to move its 
offices out of the economic hubs that need it most. These 
actions are a direct threat to the millions of entrepreneurs 
who depend on the SBA. Our job isn't just to support--our job 
isn't just to support small businesses in theory. It is to 
ensure the SBA can function in real life for real people.
    First, we must confront a core challenge: access to 
information. For too many small business owners, especially 
first-generation and low-income business owners, the process of 
applying for SBA loans remains complex and difficult to 
navigate. That is unacceptable. SBA must improve its outreach 
efforts to ensure that these entrepreneurs get the same clear, 
timely, and reliable guidance that any large business would 
expect from a bank.
    Second, we cannot allow the historic gains made under the 
prior administration to slip away. We saw record growth in the 
number of small businesses owned by veterans, women, and people 
of color. That didn't happen by accident. It was the result of 
a fully staffed and funded SBA underneath the Biden and Harris 
administration. The SBA had a capital impact of 56 billion in 
2024. We must prioritize staffing and resources to ensure as 
many small business entrepreneurs as possible are able to share 
in that success.
    Third, we must think beyond our borders. Small businesses 
represent over 98 percent of all U.S. exporters, yet many lack 
the tools to navigate international trade, a situation made 
worse by the on and again tariff policy of the Trump 
administration. If the administration is not going to--not 
going to abandon its tariffs policies, then SBA needs to step 
up its services to these businesses to help them navigate these 
very, very trying times.
    And finally, the future of small businesses relies not only 
on who owns the companies but on how they are owned. That is 
why I am calling for a renewed focus on employee ownership 
models, such as cooperatives and employee stock ownership plans 
that allow workers to build wealth and equity through their 
labor. These models are proven to stabilize businesses and 
strengthen local economies. The SBA must play a leadership role 
in supporting employee ownership, particularly as older 
Americans retire and ownership succession becomes a growing 
issue.
    These are not partisan ideas. These are not partisan ideas. 
They are common sense steps to make the SBA work better for 
more people and in more places. We need an SBA that supports 
our entrepreneurs at home, opens doors abroad, and ensures 
workers share in the prosperity they help create. For these 
reasons, I urge my colleagues across the aisle and my 
colleagues on this side of my aisle to eliminate barriers to 
growth among small businesses, not just in today's discussion, 
but in the legislation and oversight to come. Our small 
businesses deserve nothing less. With that, I yield back.
    Chairman WILLIAMS. The gentlelady yields back. I now 
recognize Congressman Brian Jack from the great state of 
Georgia for 5 minutes.

STATEMENT OF HON. BRIAN JACK, A REPRESENTATIVE IN CONGRESS FROM 
                      THE STATE OF GEORGIA

    Mr. JACK. Well, thank you, Mr. Chairman, and mindful of the 
timing of our vote series today, I will be very brief. First 
and foremost, Mr. Chairman, I want to thank you for your 
leadership on this committee and likewise want to commend the 
committee's work. As you have noted long before, this is one of 
the last vestiges of bipartisanship on Capitol Hill, and it is 
important because we are trying to solve the problems that 
affect 99.9 percent of all businesses across our country.
    I just want to highlight two things as it relates to 
Georgia's incredible 3rd Congressional District. In honor of 
not just National Small Business Week, of which we are well 
within now, but really Small Business Month over the last month 
and really this entire year, I had the privilege of welcoming 
to my congressional district about 3 weeks ago Administrator 
Loeffler. She is a friend of mine. I was formerly her 
constituent before she was appointed, of course, to lead the 
Small Business Administration. But I had a chance to bring her 
to Troup County, in my district. We had a chance to go to Jane 
Foods. If anybody is in Troup County, it is a great place to 
visit. And likewise, I took her to really what is Main Street 
America, took her to main street in LaGrange. She had a chance 
to go to Solomon's clothing store in Charlie Joseph's, which is 
the best place to eat if you are in LaGrange. It was very 
special for me. It is special for the community to have an 
opportunity to share with her some of the challenges that they 
face and, likewise, provide some recommendations for 
resolutions to those challenges.
    And I also just want to highlight in my closing comments, I 
had a chance, working with Members of this committee, to really 
help a small business in my district. Just a few months ago, 
there was a regulation that was handed down by Joe Biden's 
Department of Energy the day after Christmas, December 26th, 
2024, that would have put out of business a water heater 
manufacturing company in my district. Last Friday I welcomed my 
second cabinet member to the district, Secretary Chris Wright, 
to celebrate the passage of our CRA resolution that repealed 
that regulation. We talk a lot. We have heard from innumerable 
witnesses throughout the course of this Congress just how 
regulatory burdens can drastically impact and affect the way 
that small businesses function. In this case, working together 
with our colleagues and 11 Democrats crossing the aisle, we 
repealed a regulation that would put a factory out of business, 
and we celebrated its repeal last Friday with the second 
cabinet secretary to visit my district. So excited about that 
blueprint for success and look forward to building upon that 
going forward and look forward to continuing to serve under 
your leadership, Mr. Chairman. Thank you.
    Chairman WILLIAMS. Thank you very much. The gentleman 
yields back, and I would like to conclude by thanking all the 
Members who testified today for taking time out of your busy 
schedule to advocate on behalf of small businesses in your 
districts and around the country. Our committee will keep your 
ideas at the top of mind as we continue addressing the issues 
that our nation 's small businesses are facing. Members will 
have 5 legislative days to submit statements and supporting 
materials for the record. Without objection, so ordered. And if 
there is no further business, we will go vote. This committee 
is adjourned. Thank you.
    [Whereupon, at 1:40 p.m., the committee was adjourned.]

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