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| Our Latest Action Campaign! |
- US Senate Votes to Repeal 1099 Provision
- Workers Compensation Commission Sides with Small Businesses
- DEW Drops Plan that Would Hurt Small Business
- SC Government and Big Businesses Already Benefiting from “Obamacare”
- State Legislative Agenda
- Nuclear Industry Looking for Small Business Subcontractors
- SCSBCC Prez to Meet with DOL Secretary
- NEW FEATURE! Take Our Mini Survey!
- Killer Secrets at BuySC Micro Conference
- Thanks to Our New Members!!!
- It's Official-The Spring 2011 BuySC Action Campaign will feature Locally Owned Restaurants!
- Listen In for Small Biz News On Our New Radio Segment!
US Senate Votes to Repeal 1099 Provision
The US Senate voted 87-17 yesterday to repeal the highly unpopular 1099 provision in the Affordable Care Act a week after President Obama called for the repeal in his State of the Union address. The Small Business Chamber has also called for the 1099 repeal.
The 1099 part of the ACA requires a business to report payments made for over $600 for goods and services to the IRS using a 1099. This idea started in the last Bush administration to uncover income not being reported by businesses to avoid taxes. The concept found its way into the ACA as a way to generate about $19 billon more dollars to help pay for the provisions in the Act.
Now it is up to the US House of Representatives to also vote to support this repeal ammendment that the Senate has passed.
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Workers Compensation Commission Sides with Small Businesses
The insurance industry recently wanted the state Workers’ Compensation Commission to shorten the cancellation period for businesses that were late in making premium payments. We asked you to contact the Commissioners to oppose the proposal and you responded.
The Commission voted unanimously to deep six the idea after a public hearing in which the Small Business Chamber made a presentation. Read more about how this victory for small business came about by clicking here.
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DEW Drops Plan that Would Hurt Small Business
The response from the business community was so intensely negative, especially from small businesses and CPA’s, that at a public hearing last week scheduled to obtain public input DEW quickly announced that they had dropped the idea.
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SC Government and Big Businesses Already Benefiting from “Obamacare”
The Florida judge's ruling Monday against the Affordable Care Act (ACA) is just one more step along the path to a final decision by the U.S. Supreme Court in a few years. Now two Federal Judges have deemed the individual mandate to be unconstitutional and two have not found it to be so. Of note is that no judge has found the expansion of Medicaid in the ACA to be unconstitutional.
Click here to read more.
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State Legislative Agenda
The Board of Directors for the SCSBCC has approved a position on the following bills introduced in the South Carolina Legislature. More information on these and future bills and how you can be involved will be forthcoming.
-Support Solar Tax Credits for Commercial Buildings—H.3346
-Eliminate Second Injury Fund time limit for refunds that prevent businesses from recouping overpayment of Workers’ Compensation premiums—S.214, S.315
- Support Technical College Lottery Tuition Assistance (at least $900 per semester)—Budget
-Oppose Requirement that Businesses Garnish Wages—S.124
-Support Elimination of Most Favored Nation Health Insurance Contract Clauses—S.316
-Support W.C. Carriers Using Latest Approved Lost Cost Multiplier—H.3111
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Nuclear Industry Looking for Small Business Subcontractors
New Carolina: South Carolina's Council on Competitiveness is a non-profit organization working to increase South Carolina’s economic competitiveness through a cluster development strategy. New Carolina received a $600,000 contract from the Small Business Administration to engage small business in the nuclear industry.
There are six nuclear plants that have been proposed within 3 hours of Columbia. This is an investment by the utilities of more than $30 billion. At peak construction the four plants in SC will employ 38,000 people
New Carolina is currently soliciting small businesses interested in providing their services for these projects. Please contact Scott Carlberg for more information at 704.841.7649.or Carlbsc@Carolina.rr.com.
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SCSBCC Prez to Meet with DOL Secretary
Small Business Chamber president Frank Knapp will be meeting with U.S. Department of Labor Secretary Hilda L. Solis in Washington next Wednesday. He will be talking with Secretary Solic specifically about the need to promote American manufacturing. In South Carolina 90% of manufacturers have fewer than 100 employees and 84% have less than 50 employees making manufacturing a small business sector in our economy. Accompanying Mr. Knapp will be others from the American Sustainable Business Council on which Mr. Knapp serves on the steering committee.
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NEW FEATURE! Take Our Mini Survey!
At the SCSBCC, we strive to understand the needs of small business. In last month's member survey, participants told us that Financing rates highest on their lists of small business concerns. Have you pursued additional financing for YOUR business this past year? Yes or no, please complete the first of our monthly BuySC Micro Surveys. The survey is short, sweet and anonymous, and we'll share the results with you via Frank Knapp's blog, UnConflictedSC.com, so stay tuned!
Click here to take the BuySC Micro Survey
Click here to take the BuySC Micro Survey
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Killer Secrets at BuySC Micro Conference
January's BuySC Micro Conference was rescheduled from 1/11 to 1/18 due to an early 2011 snowstorm, but it was worth the wait. We were pleased to see so many new and familiar faces come out to enjoy this event. Thanks to co-authors Jerry Bellune, Cathy and Randy Lanier, and Ken Gasque of Killer Secrets of Successful Entreprenuers for sharing their secrets of success with us. Guests enjoyed the book signing and networking after the lectures. The comfortable Gallery Room of The Inn at USC combined with delicious refreshments from our Sponsor Members Savunya Jackson of Catering With Design and Yvonne Shaw of Edible Arrangements made the evening even more festive. Proceeds from the book sales go to Campaign for Literacy, a literacy tutoring program for functionally-illiterate adults in South Carolina and enough books were sold that evening to fund literacy tutoring for one adult.
West Columbia, SC. This event will be All About Networking and we'll try out some fun new ways to meet each other and share business tips. Light refreshments and beverages will be served, too. This event is free for all SCSBCC members. Space is limited, so drop an email to stephanie@scsbc.org to reserve your place. Bring a guest if you like!
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Thanks to Our New Members!!!
SUPER SPONSORS: Sport’s Trophies, Popowski, Callas & Shirley, Tiffany's Bakery & Eatery
SPONSORS: Able Transport Inc, Austral Salon, Catering By Design, Coal Powered Filmworks, Cut-M-Up Landscaping, Flip the Switch Promotions, Gervais & Vine, Gist Law Firm, Hennessy's Restaurant & Lounge, Idea Balloons, Longer Days, Midlands Promotional Marketing LLC, The Oyster Bar, Palmetto Business Finance LLC, Premier Cuts, LLC, Rosso Trattoria Italia, Salty's Surf Shop, Very's Great Philly Food, Webster Plumbing & Gas
SUPPORTERS: Eco Sanctuary Studio, Edmond Consulting Group LLC, EnviroSmart,Natural Escape Day Spa, Oh! Salon, Tic Toc Candy Shoppe, The Wellness Have @ The Vista
FRIENDS: AAAA's Flooring America, Becky Martin, Business America USACapital Supply of Columbia, Clare Morris Agency, Creative Kids Toyshop, DBS Company, Greenery Gallery, LLC, The Knight Company, Leon's Mobile Auto Headliner Service, Miss Ma'am Boutique, Mojo City Salon, OVER 50 TRAVEL CLUB, Palmetto Awards, Pleasurable Cleanings, S&S Art Supply, Site-Image, Toys By Andy, Trash Alternatives, Villa Brazil
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It's Official-The Spring 2011 BuySC Action Campaign will feature Locally Owned Restaurants!
Nominate YOUR favorite small business restaurant for inclusion in this campaign. Email your nomination to stephanie@scsbc.org. Stayed tuned for more details on local dining.
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Listen In for Small Biz News On Our New Radio Segment!
Each Thursday at 4:07pm on WOIC 1230 AM, U Need 2 Know, Host Frank Knapp interviews small business professionals on all things small biz!
Live streaming at http://www.uneed2know.info/
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