Small Business Administration (SBA) sent this bulletin at 03/25/2021 10:35 AM EDT
Small Business Facts: Business Ownership Demographics
An Advocacy fact sheet on small business ownership demographics observes women, African Americans, and Hispanics tend to own more non-employer firms and less employer firms. Younger owners tend to own non-employer firms as opposed to employer firms.
Effects of Small Loans on Bank and Small Business Growth
A new research report from Advocacy finds a decline in bank dynamism with falling new bank entry rates and increasing exit rates for small banks. Additionally, small business loans are positively associated with small bank growth.
The Effects of the COVID-19 Pandemic on Small Business
A new issue brief from Advocacy examines the economic impact of the COVID-19 pandemic using the first available sets of data. Analysis shows that metropolitan and coastal economies were the hardest hit by the effects of the pandemic.
On March 16, the Department of Agriculture published a request for public comment about the implementation of Executive Order 14008, Tackling the Climate Crisis at Home and Abroad. Comments due April 29.
On March 3, the National Oceanic and Atmospheric Administration published a request for public comment about the implementation of Executive Order 14008, Tackling the Climate Crisis at Home and Abroad, as it relates to fisheries. Comments due April 2.
On March 12, the Environmental Protection Agency issued a notice that a revised rule regarding lead and copper under the Safe Drinking Water Act would not go into effect until June 17. Additionally, the agency seeks comment on a proposed rule to delay the revisions until December 16. Public comments on the proposed rule are due April 12.
On March 11, the Environmental Protection Agency issued a proposed revision to the Safe Drinking Water Act which would require certain public water systems to collect data for 29 per- and polyfluoroalkyl substances (PFAS) and for lithium. Comments due May 10.
On March 8, the Department of Agriculture’s Animal and Plant Health Inspection Service reopened the comment period on an advance notice of proposed rulemaking to solicit comments and feedback on whether to establish a regulatory framework for the movement of animals modified or developed through genetic engineering. Written comments are now due May 7.
On March 9, the Department of Commerce’s National Marine Fisheries Service extended the comment period on two proposed rules to establish critical habitat for ringed and bearded seals in the Bering, Chukchi, and Beaufort Seas. Comments due April 8.
On March 12, the Occupational Safety and Health Administration issued two documents on COVID-19 and workplace enforcement. The first is a National Emphasis Program, focusing on companies with the largest number of workers at risk of contracting COVID-19. The second is an update to the Interim Enforcement Response Plan which prioritizes on-site inspections when practical.
On March 4, 2021, the Department of the Interior’s Fish and Wildlife Service published a proposed rule to list the Arizona Eryngo as an endangered species and designate 13 acres in Arizona for critical habitat. Written comments due May 3.
On March 1, the Department of the Interior’s Fish and Wildlife Service published a notice delaying the effective date and reopening the comment period on a final rule to revise the critical habitat designation for the Northern Spotted Owl. Comments are now due March 31.
On February 16, the Occupational Safety and Health Administration published a notice of proposed rulemaking to modify its Hazard Communication Standard to conform to the latest revisions to the United Nations’ Globally Harmonized System of Classification and Labelling of Chemicals. Comments on the revisions are due April 19.
On February 23, the Environmental Protection agency published a notice to extend the comment period by 30 days for its proposed revisions for its 2018 fees rule under the Toxic Substance Control Act. The new comment deadline is March 27, 2021.
FREQUENTLY ASKED QUESTIONS
There are two main ways you can connect with Advocacy and share your concerns about regulatory burdens on small businesses:
1) Contact Advocacy Staff about the regulatory issues your small business is experiencing.
2) Check Out Advocacy's Publication, "A Basic Guide to Federal Rulemaking and Small Business" to learn how small business can get involved in the federal rulemaking process.