Employers Gain Access to Database to Recruit Workers With Disabilities

The U.S. Department of Labor's Office of Disability Employment Policy, in collaboration with the U.S. Department of Defense, today made available the 2011 Workforce Recruitment Program for College Students with Disabilities database. This resource is intended to assist federal and private-sector employers in identifying workers with disabilities.

The more than 2,200 candidates in this year's database represent all academic backgrounds and are working toward, or recently earned, associate, bachelor's, master's, doctoral or law degrees. Students have been interviewed by recruiters from various federal agencies. Some seek summer employment, while others are looking for regular, full-time positions.

"This database is filled with talented students who are highly motivated to prove their skills in the workplace," said ODEP Assistant Secretary Kathy Martinez [pictured].

To take advantage of the new database, federal officials can visit http://www.wrp.gov/ to register and search independently for candidates who meet their hiring needs. They also can track the status of candidates they are interested in interviewing, including whether they already have been hired.

Private-sector employers can search the program's database through ODEP's national Employer Assistance & Resource Network by making a toll-free telephone call to 866-327-6669, or filling out a request form at http://www.earnworks.com/.

More than 20 federal agencies regularly utilize the Workforce Recruitment Program as a recruiting tool, and it has provided employment opportunities for more than 5,500 students since 1995. The program supports President Obama's executive order titled "Increasing Federal Employment of Individuals with Disabilities."

SOURCE: U.S. Department of Labor
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SBA Chief Announces One-Page Form for Claiming Small-Biz Health-Care Tax Credit

SBA Administrator Karen Mills [pictured] just released an open letter to small-business owners, announcing a simple one-page form that we can use to claim the health-care tax credit for 2010. Following, is the text of her letter:

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December 2, 2010

Dear Small-Business Owner,

As I've traveled the country this year, I have heard from many of you who are looking forward to the new tax credits, health insurance exchanges, and other tools that will help you provide health insurance coverage to your employees as a result of the Affordable Care Act.

The most immediate benefit of the new law is a tax credit that will help America’s smallest employers and nonprofit organizations [fewer than 25 fulltime equivalent employees with average annual wages below $50,000] who have been hit hardest by premium increases in recent years. Today, I'm pleased to announce that the Administration is releasing a one-page form and instructions [available at http://bit.ly/SmallEmployers] on how to claim this credit for the 2010 tax year.

In addition, new guidance released today answers questions that many of you have asked related to: your current contribution arrangements, eligibility for certain religious institutions, and participation by multi-employer health and welfare plans. In each case, the Administration has worked to ensure that a broad range of small businesses can qualify.

These credits are available for tax years 2010 through 2013, and for any two years after that. Through 2013, the maximum tax credit is 35 percent of premiums paid by small employers, and 25 percent for eligible tax-exempt organizations. Beginning in 2014, those levels increase to 50 percent and 35 percent, respectively.

Importantly, these credits are just one of many benefits in the Affordable Care Act. Most notably, in 2014, firms with up to 100 workers will be able to pool their buying power and reduce their administrative costs by purchasing coverage through a health insurance exchange.

Finally, the new law strengthens America’s entrepreneurial spirit, overall. For example, it outlaws discrimination against those with pre-existing conditions, giving more Americans the ability to break out of "job lock" and start their own companies. The new law also prohibits insurance companies from dramatically increasing premiums for a small business just because one worker gets sick.

Overall, the Affordable Care Act is a critical tool that will help millions of small-business owners provide health insurance to people who you often consider to be members of your extended family -- your employees. As a nation, we owe you nothing less as you work to grow, create jobs, and lead us toward full economic recovery.

Warm regards,

Karen Mills
SBA Administrator

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GoodBiz113's Take
This latest move effectively underscores the Affordable Care Act's profound import to small businesses' short- and long-term financial and tax-reporting interests. Once again, the Obama Administration has demonstrated that it truly believes in the power of small businesses to propel America's economy, and has delivered on its promise to promote entrepreneurship and affordable access to health care.

SOURCE: HealthCare.gov, Internal Revenue Service, U.S. Small Business Administration
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Bipartisan Landrieu-LeMieux Letter to Treasury Secretary Geithner Urges Swift Implementation of Small-Business Lending Initiatives

Yesterday, United States Senators Mary L. Landrieu [D-La., pictured], chair of the Senate Committee on Small Business and Entrepreneurship, and George LeMieux [R-Fla.] sent a letter to Secretary of the Treasury Timothy Geithner requesting swift implementation of the Small Business Lending Fund [SBLF] and the State Small Business Credit Initiative, two provisions in the Small Business Jobs Act of 2010.

Sens. Landrieu and LeMieux were instrumental in including the SBLF in the Small Business Jobs Act of 2010 -- legislation that has created a $30 billion strategic partnership with community banks to boost lending to small firms.

"As you know, community banks participate disproportionately in small-business lending compared to large banks," Sens. Landrieu and LeMieux wrote in the letter. "With this in mind, it is imperative that we do all we can to assist these community banks in increasing small-business lending. The thoughtfully designed programs in the Act are crucial for community banks across the country. Thoughtful and prudent implementation is also necessary, and we ask that you act as quickly as possible. We urge you to retain small-business access to capital as your top priority in implementing provisions of the Act.

"For months during the crafting of the underlying bill, we heard from bank after bank that would benefit from the Small Business Lending Fund, as well as from the State Small Business Credit Initiative. Since the bill was signed into law on Sept. 27, 2010, our offices have heard from countless additional banks that are eager to access these important programs. Banks who participate will have economic incentives to increase their small-business lending. In turn, this will provide vital support to our small businesses in these difficult economic times."

The Small Business Lending Fund would inject $30 billion through community banks into the small-business economy. This provision is estimated to save taxpayers $1.1 billion over 10 years.

SBLF was endorsed by several organizations, including the Independent Community Bankers of America, American Bankers Association, National Small Business Association, National Association for the Self-Employed, Small Business Majority, National Bankers Association, and the Conference of State Bank Supervisors, among others.

The State Small Business Credit Initiative provides $1.5 billion in grants to support at least $15 billion in new small-business lending through already-successful state-run programs. Many of these state-run programs are facing cutbacks due to budget shortfalls, and this initiative will allow states to build upon successful models for state small-business programs, including Capital Access Programs [CAPs], collateral support programs, and loan guarantee programs -- including those targeted at rural and agricultural small businesses.

To view the full text of the letter sent to the Treasury Department, go to: http://bit.ly/LandrieuLeMieuxLetter.

GoodBiz113's Take
Who says that Washington is devoid of bipartisanship? This is a prime example of how Democrats and Republicans can actually work together -- in this case, on behalf of small businesses.

Kudos to Sens. Landrieu and LeMieux for doing what Americans want our elected officials to do: cooperate and collaborate for the greater win-win-win good.

SOURCES: OpenCongress, U.S. Senate Committee on Small Business and Entrepreneurship, U.S. Small Business Administration, The White House
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