Bill could open door for venture capital firms - Los Angeles Times

Bill could open door for venture capital firms - Los Angeles Times
http://www.latimes.com/business/printedition/la-fi-smallbiz27sep27,0,677623.story?coll=la-headlines-pe-business

ASBL Coverage: Small-business bill not without opponents - Pittsburgh Tribune-Review

Small-business bill not without opponents - Pittsburgh Tribune-Review
http://www.pittsburghlive.com/x/pittsburghtrib/s_529573.html

H.R. 3567 Congressional Email

Many of you have emailed us asking for an email template for your congressional repersentives. Please use or edit the one below. Keep in mind HR 3567 will be on the floor tommorow.

House Emails
http://www.house.gov/house/MemberWWW.shtml


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SAMPLE EMAIL

As you may know H.R. 3567, the Small Business Investment Expansion Act of 2007 represents a loophole that will allow large venture capital firms to obtain a controlling interest in a small business and maintain that firm’s small business status for an indefinite period of time. This will divert billions of dollars in federal small business contracts to large firms every year, and force legitimate small businesses to compete head-to-head with large firms for even the smallest orders for goods and services.

We strongly believe that H.R. 3567 is an injustice to small businesses across America and respectfully requests that you "vote NO" on this bill.

Thank you for your time and consideration to this request.
Sincerely,

Venture Capital Firms to Get Government Small Business Contracts Under H.R. 3567

Venture Capital Firms to Get Government Small Business Contracts Under H.R. 3567

H.R. 3567, The Small Business Investment Expansion Act of 2007

Another loophole that will hurt small businesses was introduced in the House of Representatives on Thursday.

The bill is titled H.R. 3567, the Small Business Investment Expansion Act of 2007. We are concerned with title V of the act, which will allow large venture capital firms to acquire controlling interest in a small business and maintain that businesses small business status for an indefinite time period. This legislation is essentially going to force legitimate small businesses to compete head-to-head with large corporations for federal small business contracts. Below, we have included links to: the full text of the bill, a congressional directory and a recent story by Keith Girard from Allbusiness.com that covers this issue.

Final amendments are due Wednesday (9/26) and the bill was just introduced Thursday (9/20).

Please reach out to your representative and ask them to: "Amend title V of HR 3567 to maintain the definition of Small Business as independently owned and operated."

The Bill http://thomas.loc.gov/cgi-bin/query/D?c110:1:./temp/~c110Zps4MH::

Congressional directory http://www.house.gov/house/MemberWWW.shtml

Media Story http://allbusiness.cbsnews.com/government/4923343-1.html

House Small Business Commitee Hearing

Watch video highlights from the House Small Business Commitee hearing on SBA contracting held on September 19th 2007.

All hearing Clips

Q&A with Congresswoman Yvette Clarke (D-NY) and Jovita Carranza

Testimony of Mr. Harry Alford, President,National Black Chamber of Commerce

Alaska Native Corporations Size Rule

http://www.washingtontechnology.com/online/1_1/31328-1.html