Last Friday, the U.S. Departments of Treasury, Labor, and Health and Human Services released new guidance on the regulatory implementation of the Patient Protection and Affordable Care Act (ACA), providing additional information for franchise small business owners to comply with the law when many new provisions come into effect on January 1, 2014.
Treasury’s new regulation, Notice 2012-58, incorporates provisions advocated by IFA which enable employers to use a 12-month “look back” period to determine whether newly hired variable hour or seasonal employees qualify as full-time employees. Notice 2012-59, jointly released by Treasury, Labor, and Health and Human Services, provides guidance on a 90-day waiting period after which employers must provide coverage to new, full-time employees.
The regulatory guidance, especially surrounding the look back period, have taken into account the needs of small businesses with largely seasonal, part-time, and flexible workforces. In June, IFA submitted comments to the Administration regarding these regulations as part of the Employers for Flexibility in Health Care coalition (EFHC).
IFA continues to advocate to relieve the burden the ACA places on franchise small businesses and to inform members of the franchise community on the regulations set to take effect in the coming years. On September 10 at the 2012 IFA Public Affairs Conference in Washington DC, hundreds of IFA members will learn about the ACA’s implications for franchise small businesses in a health care presentation by Washington Council Ernst & Young’s Anne Phelps. For more information, please visit www.franchise.org/publicaffairs.aspx.
Congress returns to Washington this week after a month-long August recess amid continuing poor economic conditions, including the latest jobs report from August showing no new jobs have been created.
Republican presidential candidates have begun unveiling their own plans for creating jobs in advance of a debate tomorrow night at the Ronald Reagan Presidential Library in Simi Valley, Calif., and just two days before President Obama makes a speech on the economy before a joint session of Congress.
President Obama previews his jobs speech this week
Additionally, the congressional “Super Committee” tasked with developing recommendations for reducing the nation’s budget deficit will host its first meeting on Sept. 8. According to a statement released by co-chairs Rep. Jeb Hensarling, R-Texas, and Sen. Patty Murray, D-Washington, the committee will also hold a hearing on Sept. 13 entitled “The History and Drivers of Our Nation’s Debt and Its Threats.”
With lawmakers and candidates in both parties returning to Washington and stepping up their activities on the campaign trail this month, IFA will be urging a return to pro-growth policies to get the economy moving again. On Sept. 13 and 14, nearly 500 franchise small business owners will be in Washington, D.C. as part of the organization’s 12th Annual Public Affairs Conference. Attendees will lobby Congress for increasing small business access to credit by asking lawmakers to support a strong Small Business Administration (SBA) 7(a) loan program, ensuring small businesses have long-term tax certainty, and for repeal of onerous provisions in the health care law.
Posted by Matt Haller, IFA Director of Communications
Highlights from IFA’s 2010 Public Affairs Conference
If you answered yes to either or both of those questions, then mark your calendars and register now for the International Franchise Association’s 2011 Public Affairs Conference, sponsored by ADP. Scheduled Sept. 13 and 14 at the JW Marriott in Washington, DC, it will provide access to inside-the-Beltway guest speakers and valuable franchising networking opportunities. Join over 500 franchise leaders in celebrating Franchisees of the Year, learning about key issues impacting your business, and, of course, enjoying the hospitality of our nation’s capital. On Wednesday, venture to Capitol Hill to meet with your elected officials to hear where they stand on critical franchise issues. Visit the Association’s Event Web site for more information and to register.
Posted by Meredith Nethercutt, IFA Director of Advocacy