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Small Business Investment Opportunity Act of 2017

Floor Speech

Date: July 24, 2017
Location: Washington, DC
Issues: Business and Consumers

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Mr. Speaker, I rise today in support of H.R. 2333, the Small Business Investment Opportunity Act of 2017.

Constantly, we hear that access to capital is a major hurdle for small businesses. Despite an improving economy, small business lending has plateaued since the Great Recession.

The Small Business Investment Opportunity Act aims to improve access to capital by increasing the amount a small business investment company can provide to small businesses.

In Kansas, communities from Hutchinson to Shawnee, Newton to Parsons,
have benefited from small business investment company programs, with more than $307 million in investments to over 110 small businesses across the State.

Small businesses are the Nation's job creators, and providing this sort of access to capital will spur job creation and growth.

Mr. Speaker, I recently finished my 39th townhall, and I dare say that at every townhall somebody asked me: Why can't Congress do anything in a bipartisan fashion?

Mr. Speaker, this is an example of both parties working together for bipartisan solutions to grow this economy.

Mr. Speaker, I encourage my colleagues to support this measure.

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