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– today introduced the Remote Transaction Parity Act (RTPA; H.R. 2775), a bill that will modernize our nation’s outdated sales tax collection process.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 »
Congressman Steve Womack (AR-3) released the following statement after today’s Senate vote to invoke cloture and end debate on the Marketplace Fairness Act (S. 743):
“I’m extremely encouraged by the growing recognition that this unfair and outdated tax loophole is killing our Main Streets, and I applaud the Senate for invoking cloture on the Marketplace Fairness Act. As the Senate… Read more »
With the U.S. Senate’s recent vote showing overwhelming support of the Marketplace Fairness Act, the original sponsors of H.R. 684 today joined a group of small business owners from across the country to urge members of Congress to support the Marketplace Fairness Act (H.R. 684).
Under current law, while brick-and-mortar retailers collect sales and use taxes from customers who make… Read more »
“The freedom of private business to organize and operate for profit in a competitive system without interference by government beyond regulation necessary to protect public interest and keep the national economy in balance.” That’s Webster’s definition of free enterprise. And for far too long, the Supreme Court’s outdated Quill v. North Dakota decision has stood as a roadblock… Read more »
Congressman Steve Womack sat down with KFSM's Daren Bobb and The City Wire's Michael Tilley over the weekend to talk local issues and the Federal Budget on the new "The City Wire" show on 5NEWS. Both videos are below.
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