Georgia Senate Bill SR723

Georgia 2023-2024 Regular Session

• Introduced: 3/1/24
• Enrolled: 3/4/24
• Passed: 3/4/24

Caption

Small Business Advocacy Day; recognize March 5, 2024

Impact

By designating a specific day to recognize small businesses, SR723 aims to raise awareness about the challenges and opportunities faced by entrepreneurs in Georgia. This recognition may foster a greater appreciation for the contributions of small businesses, thereby encouraging public and private sectors to invest more in initiatives that support entrepreneurship. This could lead to more resources and programs aimed at enhancing the business climate for small enterprises and influencing policies that benefit small business owners.

Summary

Senate Resolution 723 serves to commend small business advocacy organizations and to officially recognize March 5, 2024, as Small Business Advocacy Day in Georgia. The resolution emphasizes the vital role small businesses play in the state's economy, noting that they represent 99.7 percent of all businesses in Georgia. This day is intended to celebrate the contributions of these small enterprises and to address their ongoing needs for support and representation in various economic forums.

Contention

While SR723 promotes an encouraging narrative for small businesses, discussions around the bill could reflect broader themes of advocacy and the practical challenges that small businesses encounter, such as access to capital, regulatory hurdles, and market competition. Though the bill itself does not contain contentious provisions, the recognition day may spark discussions among stakeholders regarding the effectiveness and implementation of existing support mechanisms for small businesses within local and state regulations.