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Huizenga Small Business Legislation Included in House Passed Jobs Package

Tonight, the House passed H.R. 4 – the Jobs for America Act – a package of 15 bills designed to strengthen the economy.  Included in the jobs package was H.R. 2274 authored by Congressman Huizenga. H.R. 2274 removes regulatory roadblocks surrounding the sale and transfer of small and mid-sized businesses.  The House jobs package passed by a vote of 253 to 163.  After the vote, Congressman Huizenga released the following statement:

“It has been estimated that approximately $10 trillion of privately owned, small, and family-run businesses will be sold or closed in the coming years as baby boomers retire,” said Huizenga.  “Closure of these small businesses will cost countless jobs across the nation and impact communities from Ludington to Kentwood here in West Michigan. By reducing overly burdensome regulations on business brokerage services, we can create an environment where these small businesses are smoothly transferred to the next generation of entrepreneurs.  H.R. 2274 helps preserve small business jobs currently in existence while fostering opportunity for future economic expansion and job creation.”

In addition to Congressman Huizenga’s legislation, H.R. 4 included the following jobs bills: 

  • H.R. 2575, the Save American Workers Act, authored by Representative Todd Young, which repeals Obamacare’s 30-hour definition of full-time employment;
  • H.R. 899, the Unfunded Mandates Information and Transparency Act, authored by Representative Virginia Foxx, which equips Congress and the public with tools to determine the true costs of regulations;
  • H.R. 2804, the Achieving Less Excess in Regulation and Requiring Transparency (ALERRT) Act, authored by Representative George Holding, Chairman Bob Goodlatte, Representative Doug Collins, and Representative Spencer Bachus, which promotes jobs, better wages, and economic growth through regulatory reform;
  • H.R. 367, Regulations From the Executive in Need of Scrutiny (REINS) Act, authored by Representative Todd Young, which ensures that Congress votes on all new major rules before they can be enforced;
  • H.R. 1105, the Small Business Capital Access and Job Preservation Act, authored by Representative Robert Hurt, which prevents Dodd-Frank Act regulations from diverting capital from small- and medium-sized businesses;
  • H.R. 3474, the Hire More Heroes Act, authored by Representative Rodney Davis, which incentivizes businesses to hire veterans by excluding them from ObamaCare’s employer mandate threshold;  
  • H.R. 1526, the Restoring Healthy Forests for Healthy Communities Act, authored by Chairman Doc Hastings, which will put Americans back to work by promoting responsible timber production;
  • H.R. 761, the National Strategic and Critical Minerals Production Act, authored by Representative Mark Amodei, which allows the U.S. to develop resources that are critical to our economic competitiveness;
  • H.R. 3086, the Permanent Internet Tax Freedom Act, authored by Chairman Bob Goodlatte, which protects internet access for all Americans and fosters growth in the digital economy;
  • H.R. 4438, the American Research and Competitiveness Act, authored by Representative Kevin Brady, which makes the R&D Tax Credit permanent, paving the way for increased innovation and investment in the U.S.;
  • H.R. 4457, the America's Small Business Tax Relief Act, authored by Representative Pat Tiberi, which makes section 179 expensing permanent ensuring that our small businesses have the certainty they need to grow their businesses and create jobs; 
  • H.R. 4453, the S Corporation Permanent Tax Relief Act, authored by Representative  Dave Reichert, which provides the necessary flexibility for S corporations to access capital and make new investments; 
  • H.R. 4718, authored by Representative Pat Tiberi, making bonus depreciation permanent in order to lower the cost of capital for businesses; and
  • H.R. 523, the Protect Medical Innovation Act of 2013, authored by Representative Erik Paulsen repeals the excise tax on medical devices that part of ObamaCare.


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