{"id":1474,"date":"2020-12-17T22:07:06","date_gmt":"2020-12-17T22:07:06","guid":{"rendered":"https:\/\/rosen-testing.senate.gov\/2020\/12\/17\/rosen-addresses-vegas-chambers-eggs-issues-virtual-event-provides-update-on-work-to-support-nevada-small-businesses\/"},"modified":"2022-07-13T20:23:26","modified_gmt":"2022-07-13T20:23:26","slug":"rosen-addresses-vegas-chambers-eggs-issues-virtual-event-provides-update-on-work-to-support-nevada-small-businesses","status":"publish","type":"post","link":"https:\/\/www.rosen.senate.gov\/es\/2020\/12\/17\/rosen-addresses-vegas-chambers-eggs-issues-virtual-event-provides-update-on-work-to-support-nevada-small-businesses\/","title":{"rendered":"Rosen Addresses Vegas Chamber\u2019s Eggs & Issues Virtual Event, Provides Update on Work to Support Nevada Small Businesses"},"content":{"rendered":"

WASHINGTON, D.C.<\/span><\/span><\/span><\/b> \u2013 Today, U.S. Senator Jacky Rosen (D-NV), a member of the Senate Committee on Small Business and Entrepreneurship, addressed the Vegas Chamber\u2019s Eggs and Issues virtual event to provide an update on her work in Congress to support Nevada small businesses and employees during the COVID-19 pandemic.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

\u201cOver the past several months, I\u2019ve been able to partner with this chamber and others, up and down the state, to help the Nevada small business community navigate the economic impacts of COVID-19,\u201d dijo el Senador Rosen.<\/b> \u201cDuring today\u2019s event, I had the chance to share the work I\u2019ve been doing to support our state\u2019s small businesses, workers, and economy. As we navigate the difficult economic storm brought on by COVID-19, know that I will not stop fighting to support Nevadans in all corners of our state.\u201d<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

BACKGROUND:<\/span><\/span><\/span><\/u><\/b> Nevada is home to more than 280,000 small businesses. Senator Rosen has introduced and co-sponsored numerous bipartisan bills to help small businesses during the COVID-19 pandemic.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

Senator Rosen has <\/span><\/span><\/span><\/span>partnered with local Chambers of Commerce <\/span><\/a><\/span><\/span><\/span><\/span><\/u>in Nevada to provide updates on the federal government\u2019s response to the COVID-19 <\/span><\/span><\/span><\/span>crisis.<\/span><\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

 <\/span><\/span><\/span>In May, Senator Rosen co-sponsored the Small Business Expense Protection Act<\/span><\/a><\/u> <\/i>(S.3612) introduced by Senator John Cornyn (R-TX). This bipartisan legislation would clarify that ordinary business expenses paid for using funding obtained through the Small Business Administration\u2019s Paycheck Protection Program (PPP) are tax-deductible.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

In July, Senator Rosen introduced the bipartisan Ensuring Increased Disaster Loans (EIDL) for Small Businesses Act<\/span><\/a><\/u><\/i> (S.4227) with Senator John Cornyn (R-TX). This legislation would assist the nation\u2019s small businesses impacted by the coronavirus pandemic by providing an additional $180 billion for the Economic Injury Disaster Loan (EIDL) and EIDL Advance programs. The bill would also prohibit the Small Business Administration (SBA) from arbitrarily capping EIDL loans below $2 million \u2013 the threshold set by Congress \u2013 and require SBA to provide $10,000 EIDL Advance grants to all eligible small businesses, regardless of size, as intended by the CARES Act<\/i>.<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n

Also in July:<\/span><\/span><\/span><\/span><\/span><\/span><\/p>\n