Bill Summary
This resolution expresses the approval of Congress for the 72nd anniversary celebration of the Small Business Administration (SBA) and acknowledges the significant contributions of American entrepreneurs and small business owners to the U.S. economy. It highlights the establishment of the SBA by President Dwight D. Eisenhower in 1953, emphasizing its role in supporting small businesses through access to capital, counseling, and advocacy. The resolution notes that small businesses constitute 99.9% of all U.S. businesses and employ nearly half of the workforce, underscoring their importance in driving innovation, competitiveness, and economic resilience. By celebrating this anniversary, Congress recognizes the essential role of small businesses in fostering economic growth and job creation.
Possible Impacts
The resolution recognizing the 72nd anniversary of the Small Business Administration (SBA) can affect people in several significant ways:
1. **Encouragement of Entrepreneurship**: By celebrating the contributions of small businesses and the SBA, the resolution can inspire individuals to pursue their entrepreneurial dreams. It emphasizes the importance of small businesses in the economy, potentially motivating aspiring entrepreneurs to start their own ventures, contributing to job creation and innovation.
2. **Increased Access to Resources**: The resolution highlights the SBA's role in providing support through access to capital and business training. This recognition may lead to increased public awareness of the resources available for small business owners, such as loans, counseling, and training programs. As a result, more individuals may take advantage of these services to help them navigate the challenges of starting or growing a business.
3. **Advocacy for Policy Changes**: The resolution's acknowledgment of the SBA's advocacy efforts can lead to increased support for policies aimed at reducing regulatory burdens and improving access to capital for small businesses. This could result in legislative changes that directly benefit small business owners and their employees, fostering a more favorable business environment and enhancing economic stability for a significant portion of the workforce.
[Congressional Bills 119th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 610 Introduced in House (IH)]
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119th CONGRESS
1st Session
H. RES. 610
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.
_______________________________________________________________________
IN THE HOUSE OF REPRESENTATIVES
July 23, 2025
Mr. Williams of Texas (for himself and Mr. Olszewski) submitted the
following resolution; which was referred to the Committee on Small
Business
_______________________________________________________________________
RESOLUTION
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.
Whereas President Dwight D. Eisenhower signed the Small Business Act on July 30,
1953, to create an independent agency to aid, counsel, assist, and
protect the interests of small businesses;
Whereas there are more than 33,000,000 small businesses in the United States;
Whereas the men and women who own and operate the Nation's small businesses make
a vital contribution to the Nation's prosperity through their ongoing
work to create new technologies, products, and services;
Whereas small businesses are a driving force of the United States economy,
driving innovation and competitiveness in the private sector;
Whereas 99.9 percent of businesses across the United States are small
businesses;
Whereas nearly half of all United States employees are employed by a small
business;
Whereas small businesses ensure a resilient and dominant industrial base
critical to the defense of the United States;
Whereas the Small Business Administration helps small businesses access capital
through private sector lending intermediaries;
Whereas the Small Business Administration supports entrepreneurial development
with free and low-cost counseling and training in partnership with
resource providers;
Whereas the Small Business Administration advocates on behalf of small
businesses including reducing regulatory burdens, workforce development,
and other issues; and
Whereas the Small Business Administration advocates for and supports access to
capital and business assistance to help Americans reach the dream of
entrepreneurship: Now, therefore, be it
Resolved, That the House of Representatives--
(1) expresses approval of the 72d anniversary celebration
of the Small Business Administration; and
(2) recognizes American entrepreneurs and job creators for
their important contributions to the United States economy.
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