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Issue Date: Vol. 53, No. 12, December 2013, Posted On: 12/9/2013


NAMA Signs Letter Of Support For 'Small Business Fairness In Obamacare Act'


NAMA Press Release
TAGS: vending industry, National Automatic Merchandising Association, H.R. 3419, Small Business Fairness in Obamacare Act, Eric Dell, vending industry government affairs

PRESS RELEASE

Source: National Automatic Merchandising Association | Released Dec. 6, 2013

CHICAGO -- Dec. 6 -- The National Automatic Merchandising Association recently signed a letter of support for H.R. 3419, known as "Small Business Fairness in Obamacare Act," announced Eric Dell, NAMA senior vice-president of government affairs.

The Small Business Fairness in Obamacare Act was introduced in the U.S. House in October by Rep. Jack Kingston (R-GA). The bill seeks to change the Affordable Care Act's (ACA) definition of "large employer" to exempt any small business that falls within the meaning of Section 3 of the Small Business Act. This section of small business law, which has been in effect for decades, defines small businesses based on industry sector rather than the ACA's current "one-size fits all" definition. In addition, the bill would change the ACA's established number of hours for a full-time employee from 30 to 40, which comports with the generally accepted principle that full-time employment consists of 40 hours per week.

"This important bill would relieve small businesses from the burdens associated with the health insurance mandate under the ACA," said Dell. "As the coalition letter states, small businesses have incentives to offer affordable benefits to their employees, including healthcare benefits, which attracts and retains a talented and loyal workforce. The prospect of additional health care costs, however, can be the difference when considering hiring new employees or maintaining existing ones, which is an unfair and difficult decision for small businesses to have to make," he continued.

"We certainly support Rep. Kingston's effort and leadership in introducing this important bill that will protect the engine of America's economy -- small businesses," Dell concluded.

About NAMA: Founded in 1936, NAMA represents vending, coffee service and foodservice management industries. With more than 1,800 member companies -- including many of the world's most recognized brands -- NAMA provides advocacy, education and research for its membership.


Information contained on this page is provided by the company via press release distributed by the company, organization, agency or other "source." Vending Times Inc. and VendingTimes.com make no warranties or representations in connection therewith.

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