OFFICIALS LEGISLATION INTEREST GROUPS PUBLIC STATEMENTS COMMITTEES VETOES

Capturing All Small Businesses Act of 2019

Floor Speech

Date: Jan. 8, 2020
Location: Washington, DC
Issues: Business and Consumers

BREAK IN TRANSCRIPT

Mr. JOYCE of Pennsylvania. Madam Speaker, I rise today in support of H.R. 5130, the Capturing All Small Businesses Act of 2019.

As a member of the Small Business Committee, I have personally heard from many business leaders who tell me that the guidance and the resources provided by SBA can be instrumental for success in the open marketplace.

Often, these tools pave the way for rapid growth; yet, as these businesses experience success, hire more employees, and grow our economy, the owners can be hesitant to expand their operations beyond certain parameters, fearing that, if they become too successful too quickly, the resources provided by the SBA would be no longer available.

H.R. 5130 would address their concerns by allowing companies to maintain their designated status, encouraging them to continue growing and graduate into successful businesses.

I thank my colleague, Mr. Hern from Oklahoma, for this important legislation. I thank our chair, Ms. Velazquez, and our ranking member, Mr. Chabot, for their bipartisanship. This is important legislation, and I encourage all of my colleagues to support it.

BREAK IN TRANSCRIPT


Source
arrow_upward