H.R.es503 - Expressing support for the designation of June 11, 2025, as World Franchise Day. (119th Congress)
Summary
H.Res.503 is a resolution expressing support for designating June 11, 2025, as "World Franchise Day." The resolution highlights the role of franchising in the US economy, its history, and its contributions to entrepreneurship and job creation. It recognizes the World Franchise Council's establishment of this day.
Expected Effects
The resolution itself has no direct legal effect. It serves as a symbolic gesture to recognize and promote the franchising industry. It could lead to increased awareness and potentially further support for franchising through other legislative or economic initiatives.
Potential Benefits
- Increased awareness of the franchising business model.
- Potential encouragement for entrepreneurship, especially among minorities and veterans.
- Recognition of the economic contributions of franchising to job creation and GDP.
- Promotion of skills development and career opportunities within the franchise sector.
- Symbolic support for a business model with roots in American history.
Potential Disadvantages
- The resolution is largely symbolic and may not result in tangible benefits.
- No direct allocation of resources or policy changes are associated with the resolution.
- Potential for the resolution to be perceived as favoring one particular business model over others.
- The focus on franchising might overshadow other forms of entrepreneurship.
- No specific mechanisms are included to address potential issues within the franchise industry (e.g., franchisee-franchisor disputes).
Constitutional Alignment
The resolution appears to align with the general principles of promoting economic growth and the general welfare, as mentioned in the Preamble of the US Constitution. It does not appear to infringe upon any specific constitutional rights or limitations. The House of Representatives has the power to pass resolutions under Article I, Section 1.
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).