agent Entrepreneur logo
MenuMENU
SearchSEARCH

House to Vote on Small-Business Bill Next Week

September 17, 2010
1 min to read


WASHINGTON – The House of Representatives will vote on a package of loan incentives and tax breaks for small businesses next week, House Democratic Leader Steny Hoyer said on Friday, Reuters reported.


The vote will not take place before 6 p.m. on Wednesday, Hoyer said.

Ad Loading...


The Senate has already approved the bill. If the House passes the measure as expected, it would head to President Barack Obama to sign into law.


With the unemployment rate stuck at 9.6 percent, Democrats are eager to show voters they are taking steps to improve the economy before the November 2 congressional elections. Many of their other job-creation efforts have been blocked by Republicans this year.


Small businesses have complained that they have had difficulty getting access to credit after banks scaled back lending activity during the 2007-2009 financial crisis.


The bill, backed by industry groups, would set up a $30 billion fund that the government would invest in independent community banks to encourage lending to small firms.


It would also exclude from taxes all capital gains on sales of small-business stock, and accelerate business tax write-offs for purchases of new equipment and other expenses. Tax breaks in the bill total $12 billion.

Subscribe to Our Newsletter

More Training

Photo of man signing document with a blue pen
Trainingby Gil Van OverJuly 28, 2026

Leasing Is Picking Up. What About Disclosures?

Agents and dealers must ensure proper documentation of lease costs and funding and end the practice of wedging lease orders into buyer’s orders — or ignoring them.

Read More →
'CHANGES' spelled out in two-dimensional letters on a concrete-like surface
Trainingby David R. IbarraJuly 8, 2026

Manage Change, or It Will Manage You

Two retail tales from the pandemic paint a stark contrast in the wise approach and the defensive move that will undercut success rather than build on it.

Read More →
Marble statue holding hands to face.
Trainingby Justin B. GasmanJune 5, 2026

Train the Mind, Grow the Department

Agents who want to create real value must do more than bring coverage options. They must help dealers build stronger thinking, better habits and better results.

Read More →
Ad Loading...
Photo of a stack of folded newspapers on a table
Trainingby Gil Van OverMay 7, 2026

Headlines Can Be Deceiving

Warning letters the FTC sent to dealers suspected of deceptive pricing have retailers and the agents who counsel them on edge. Read past the headlines to get and stay compliant.

Read More →
Photo of mechanic wiping his hands on a rag
Trainingby Hannah MitchellMarch 12, 2026

Service Drive Satisfaction Up

Auto dealerships have a ways to go, though, on many basic points, along with some new consumer expectations that would boost their competitiveness if fulfilled.

Read More →
Photo of man's hand holding a pen above a piece of paper on a desk
Trainingby Rick McCormickMarch 11, 2026

Agents Bring the Message and the Focus

The most predictable profit in today's unpredictable automotive retail market is a dealership’s finance-and-insurance department.

Read More →
Ad Loading...
TrainingFebruary 19, 2026

Policy Responses to Data Breaches

The recent 700Credit cyberattack is a wake-up call for agents and dealers. Review disclosures and tighten vendor oversight to maintain compliance and preserve customer trust.

Read More →
Trainingby Gil Van OverFebruary 10, 2026

How Agents Help Dealers Avoid Bust-Out Scams

Update your F&I training program to include the three warning signs of a bust-out, or a nefarious, two-pronged form of bank fraud that leaves dealers and finance sources holding the bag.

Read More →
TrainingDecember 10, 2025

Accountable Is as Accountable Does

Auto dealerships work better when all staffers own their duties.

Read More →
Ad Loading...
TrainingNovember 26, 2025

The Power of Saying No

Agents should build this muscle to make themselves and their dealer clients strong.

Read More →
Ad Loading...