Expressing the approval of Congress for the 72d anniversary celebration of the Small Business Administration and in recognition of America’s entrepreneurs and job creators for their important contributions to the United States economy.
Summary
This House Resolution expresses Congressional approval for the 72nd anniversary of the Small Business Administration (SBA). It recognizes the contributions of American entrepreneurs and job creators to the United States economy. The resolution highlights the SBA's role in aiding, counseling, assisting, and protecting small business interests since its establishment in 1953.
Expected Effects
The resolution formally acknowledges the importance of small businesses and the SBA's role in supporting them. It serves as a symbolic gesture of support from Congress. It may lead to increased awareness of the SBA's programs and services among small business owners and the public.
Potential Benefits
- Recognition of Small Businesses: Acknowledges the vital role of small businesses in the U.S. economy.
- Support for Entrepreneurship: Reinforces the importance of entrepreneurship and job creation.
- Awareness of SBA: Increases public awareness of the Small Business Administration's services and contributions.
- Symbolic Congressional Support: Demonstrates Congressional backing for small business initiatives.
- Potential for Future Action: May pave the way for future legislation supporting small businesses.
Most Benefited Areas:
Potential Disadvantages
- No Direct Funding: The resolution does not allocate any new funding or resources to small businesses or the SBA.
- Symbolic Only: The impact is primarily symbolic and may not result in tangible benefits for small businesses.
- Potential for Inaction: The resolution does not guarantee any specific policy changes or actions to support small businesses.
- Limited Scope: Focuses solely on the SBA anniversary and does not address broader economic challenges facing small businesses.
- Risk of Complacency: May create a false sense of accomplishment without addressing underlying issues.
Constitutional Alignment
The resolution aligns with the spirit of promoting the general welfare, as stated in the Preamble of the US Constitution. Congress has the power to enact legislation related to economic matters, including supporting small businesses, under Article I, Section 8, which grants Congress the power to regulate commerce and provide for the general welfare. The resolution itself does not violate any specific constitutional provisions.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).