WASHINGTON– Congressman Steve Womack (AR-3) today released the following statement after the House passed H.R. 3441, The Save Local Business Act: “Today, the House united in bipartisan support toward protecting our nation’s small businesses. Throughout the Obama Administration, the National Labor Relations Board (NLRB) continuously placed itself in the middle of the… Read more »

Congressman Steve Womack (AR-3) today released the below statement after House passage of H.R. 10, the Financial CHOICE Act, which ends taxpayer bailouts of financial institutions so that no company can remain too big. “The passage of the Financial CHOICE Act is a step in the right direction to protect our community banks and credit unions. This legislation will help small businesses… Read more »

Congressman Steve Womack (AR-3) today released the following statement after House passage of H.R. 427, the Regulations from the Executive in Need of Scrutiny (REINS) Act: “Businesses across the Third District and all over the country are being strangled by endless regulations.  Instead of growing their companies – and our economy – they are having to use their resources to comply… Read more »

The House today considered the Holding Company Registration Threshold Equalization Act of 2015 (H.R. 1334), a bill introduced by Representatives Steve Womack (AR-3), Jim Himes (CT-4), John Delaney (MD-6), and Ann Wagner (MO-2), on the House Floor.  If signed into law, H.R. 1334 would extend to savings and loan holding companies (SLHCs) the same shareholder registration thresholds… Read more »

Congressman Jason Chaffetz (R-UT-3) and Congressman Steve Womack (R-AR-3) – along with a group of bipartisan lawmakers – today introduced the Remote Transaction Parity Act (RTPA; H.R. 2775), a bill that will modernize our nation’s outdated sales tax collection process.  The legislation, which will be referred to the House Judiciary Committee because of its interstate commerce nexus,… Read more »

On April 5, 2012, President Obama signed the Jumpstart Our Business Startups Act (JOBS Act) into law.  Among other things, the bill raised the shareholder registration threshold from 500 to 2,000 and increased the deregistration threshold from 300 to 1,200 for banks and bank holding companies.  Unfortunately, the JOBS Act did not explicitly extend the thresholds to savings and… Read more »

Congressman Steve Womack (AR-3) today released the following statement in response to the passage of America’s Small Business Tax Relief Act of 2015 (H.R. 636), which creates stability for small business owners, farmers, and ranchers by making permanent increased Section 179 small business expensing: “I applaud the passage of H.R. 636 and the steps the House continues to take to support… Read more »

On March 7, 2011, the Department of Energy (DOE) published a final rule that imposed blanket third-party certification requirements for all products applying for participation in the Environmental Protection Agency’s (EPA) ENERGY STAR program.  Unfortunately, the rule disregarded successful and existing industry programs and has increased the regulatory burden on manufacturers, as… Read more »

The House today passed H.R. 37, the Promoting Job Creation and Reducing Small Business Burdens Act, which combines the text of 11 bills passed by the House during the 113th Congress and includes H.R. 801 as Title III, the Holding Company Registration Threshold Equalization Act of 2013, which was introduced by Representatives Steve Womack (AR-3), Jim Himes (CT-4), John Delaney (MD-6), and… Read more »

U.S. Senators Mark Pryor and John Boozman, along with Congressmen Rick Crawford (AR-1), Tim Griffin (AR-2), Steve Womack (AR-3), and Tom Cotton (AR-4), today announced that 23 Arkansas counties have been designated as disaster areas, allowing farmers and ranchers to receive assistance to recover from losses caused by severe weather in the state.  In June, east Arkansas was ravaged by… Read more »