Prism Group's Daily Summary
SBA CELEBRATES 11th ANNUAL NATIONAL VETERAN'S SMALL BUSINESS WEEK... Veterans Day is a time to honor the patriotism and service of our U.S. Armed Forces service members, but it is also a time to celebrate America’s veteran entrepreneurs. The U.S. Small Business Administration (SBA) has announced the 11th annual National Veterans’ Small Business Week Celebration (NVSBW) is taking place this week from November 11 to November 15, 2024. This is a great opportunity to continue to celebrate and support the brave men and women who served in the armed services.
A CONTINUING RESOLUTION... The current government funding resolution expires on December 20. Given the recent election results that place Republicans in control of the Presidency, Senate, and likely the House, the expected timetable for passing spending bills has changed. This may result in another Continuing Resolution (CR) that extends current funding levels until September of 2025, freeing up the Trump Administration from dealing with a potential government shutdown in their first 100 days.
FINCEN OFFERS LIMITED CTA RELIEF... The Financial Crimes Enforcement Network (FinCEN) recently announced that certain small businesses affected by several natural disasters will receive an additional six months to comply with the Corporate Transparency Act’s year-end filing deadline. Affected entities can learn more about these modified filing obligations here.
THE STATE OF THE STATES
SESSIONS BY THE NUMBERS:
Four states are in regular session. Louisiana is in special session.
WHAT WE'RE WATCHING:
Kentucky Gov. Andy Beshear (D) announced a $19 million workforce investment from the Bluegrass State Skills Corp. to equip over 8,775 Kentuckians with industry-specific skills training. The investment aims to boost the state’s economy and prepare 42,600+ workers through targeted training initiatives.
With soaring energy needs from upcoming data center projects in the Mountain West, Utah Gov. Spencer Cox (R) is leading "Operation Gigawatt" to double state power production through diverse sources, notably nuclear.
LAWMAKERS... IN OR OUT?
The House... convenes today at 10:00 AM ET. The full schedule may be found here.
The Senate... convenes today at 12:00 PM ET. The full schedule may be found here.
HAPPENING ON THE HILL
The House...
Committee on Appropriations will hold a hearing on Thursday, 11/14 at 10:30 AM entitled “Social Security Administration."
The Senate...
Committee on Finance will hold a hearing on Thursday, 11/14 at 10:00 AM entitled “Hearing to Consider the Nominations of Deva A. Kyle, of Virginia, to be Director of the Pension Benefit Guaranty Corporation for a term of five years, vice Gordon Hartogensis, term expired, and David Samuel Johnson, of Virginia, to be Inspector General for Tax Administration, Department of the Treasury, vice J. Russell George, deceased."
Committee on Judiciary will hold a hearing TODAY, 11/13 at 10:00 AM entitled “How Bump Stocks and Other Conversion Devices are Amplifying the Gun Violence Epidemic."
Committee on Judiciary Subcommittee on Intellectual Property will hold a hearing, TODAY, 11/13 at 2:30 PM entitled “Oversight of the United States Copyright Office."
Committee on Judiciary will hold a hearing on Thursday, 11/14 at 10:00 AM entitled “Executive Business Meeting."
BILLS OF INTEREST
Check back tomorrow for possible updates.
AT THE AGENCIES
The U.S. Department of Labor
Check back tomorrow for possible updates.
The U.S. Department of the Treasury
Check back tomorrow for possible updates.
The U.S. Department of Commerce
The U.S. Department of Commerce Economic Development Administration (EDA) announced in a press release that more than 12,000 American workers have been trained and placed into jobs through the Good Jobs Challenge (GJC), the first large-scale worker training program in the Department of Commerce's history.
The U.S. Trade Representative
Check back tomorrow for possible updates.
The U.S. Small Business Administration
The U.S. Small Business Administration announced in a press release SBA’s Surety Bond Guarantee (SBG) Program notched its best year in 25 years in fiscal year 2024, Bonding $2.8B in Contracts to Small Businesses.
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