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  • Womack Votes to Save Local Businesses
    Posted in Press Releases on November 7, 2017 | Preview rr
    Tags: Small Business

    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 employer-employee relationship. Doing so undoubtedly hindered the ability of small businesses and local employers to properly serve... Read more

  • Womack Statement on Passage of H.R. 10, the Financial CHOICE Act
    Posted in Press Releases on June 8, 2017 | Preview rr
    Tags: Small Business

    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 create jobs and give consumers more choices and access to credit. I am excited about this legislation and proud t... Read more

  • Womack Votes to Rein in Regulation
    Posted in Press Releases on July 28, 2015 | Preview rr
    Tags: Small Business

    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 with never-ending government mandates. But tomorrow’s good-paying jobs don’t come from Washington bureaucrats, and fo... Read more

  • Womack, Himes, Delaney, Wagner Support H.R. 1334 Passage, Urge Senate Action
    Posted in Press Releases on July 14, 2015 | Preview rr
    Tags: Small Business

    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 that the Jumpstart Our Business Startups (JOBS) Act established for banks and bank holding companies. The legislation ... Read more

  • Womack Applauds Introduction of Remote Transaction Parity Act
    Posted in Press Releases on June 15, 2015 | Preview rr
    Tags: Tax Reform, Small Business

    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, will promote state’s rights and bring sales tax parity between e-retailers and brick-and-mortar stores. Upon introd... Read more

  • Womack, Himes, Delaney, Wagner Reintroduce Bipartisan Holding Company Registration Threshold Equalization Act
    Posted in Press Releases on March 4, 2015 | Preview rr
    Tags: Small Business

    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 loan holding companies (SLHCs). However, it was not the intention of Congress to treat SLHCs differently from bank and ban... Read more

  • Womack Votes to Provide Small Businesses, Farmers Tax Relief
    Posted in Press Releases on February 13, 2015 | Preview rr
    Tags: Tax Reform, Agriculture, Small Business

    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 job creation. Arkansas farmers and small business owners need to have faith in a stable tax code so they can f... Read more

  • Womack Reintroduces ENERGY STAR Regulatory Improvement Act
    Posted in Press Releases on January 16, 2015 | Preview rr
    Tags: Energy, Small Business

    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 well as the cost of testing for manufacturers and the federal government. On Tuesday, January 6, 2015, Representative... Read more

  • Womack Statement on Passage of H.R. 37
    Posted in Press Releases on January 14, 2015 | Preview rr
    Tags: Small Business

    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 Ann Wagner (MO-2) and passed the House on January 14, 2014, by a vote of 417-4. The legislation extends to sa... Read more

  • Arkansas Delegation Announces Disaster Declaration for Farmers, Ranchers Affected by Flooding
    Posted in Press Releases on July 23, 2014 | Preview rr
    Tags: Agriculture, Small Business

    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 flash flooding, which devastated thousands of acres of crops and pastures. “Last month’s flash floods not only dam... Read more

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