Small Business Advocacy

CPSC’s Proposed Rule on Safety Standard Addressing Blade-Contact Injuries on Table Saws

On May 12, 2017, the Consumer Product Safety Commission (CPSC) published a proposed rule titled: Safety Standard Addressing Blade-Contact Injuries on Table Saws. The proposed rule would require table saw manufacturers to incorporate active injury mitigation (AIM) technology in all types of table saws. CPSC’s proposed rule in addition to being overly broad imposes such …

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Small Business Advocacy

Department of Labor Requests Information Regarding Overtime Exemptions under the FLSA

On July 26, 2017, the Wage and Hour Division of the Department of Labor (DOL) published a Request for Information (RFI) regarding overtime regulations under the Fair Labor Standards Act (FLSA).  DOL invites comments on the 2016 revisions to the “white collar” exemption in the FLSA, including whether the standard salary level set effectively identifies the employees …

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Small Business Advocacy

Department of Labor Requests Information Regarding the Fiduciary Rule and Prohibited Transaction Exemptions

On July 6, 2017, the Employee Benefits Security Administration (EBSA) of the Department of Labor (DOL) published a Request for Information in connection with its examination of the final rule defining who is a “fiduciary” of an employee benefit plan as a result of giving investment advice for a fee or other compensation with respect to assets …

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Small Business Advocacy

IRS Announces that it will Review whether to Rescind or Modify Estate Valuation Proposed Regulations

On July 7, 2017, the Internal Revenue Service (IRS) issued Notice 2017-38,  that announced the agency would reviewing whether to rescind or modify proposed regulations (REG-163113-02) relating to the valuation of interests in a closely-held partnership or corporation for estate, gift, and generation-skipping transfer tax purposes. The proposed regulations would eliminate “valuation discounts,” a policy …

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Small Business Advocacy

US Department of Agriculture Seeks Information on Existing Rule

Pursuant to Executive Order 13777, “Enforcing the Regulatory Reform Agenda” the United States Department of Agriculture (USDA) is requesting information to assist in identifying existing regulations that should be modified or repealed. USDA requests comments on several questions including the following: regulations that result in the elimination of jobs, or inhibit job creation; regulations that …

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