Louisiana House Bill HCR101

Louisiana 2010 Regular Session

• Introduced: 4/12/10
• Engrossed: 4/12/10
• Passed: 4/13/10

Caption

Commends the efforts of the federal government for expansion of foreign markets for America's small businesses

Impact

The resolution highlights the important role that small businesses play in the export of goods and services, indicating that approximately two thousand American small businesses engage in such activities. It emphasizes that these export-related jobs tend to offer wages significantly higher than the national average. By supporting and promoting the government's export finance programs, the resolution seeks to ease the regulatory burdens on small businesses, ultimately contributing to their success in the competitive global market.

Summary

HCR101 is a resolution introduced by Representative LeBas that commends the efforts of the United States in enhancing foreign markets for small businesses. The resolution underscores the significance of small businesses as a foundational element of the American economy, stating that they employ over eighty-five percent of American workers. HCR101 aims to promote awareness of the federal initiatives that support small businesses in exporting their goods and services, which, in turn, is anticipated to stimulate economic growth and job creation across the country.

Sentiment

The general sentiment surrounding HCR101 is positive, as it raises awareness of the challenges small businesses face in expanding into foreign markets. Supporters view the commendation as a necessary recognition of the federal efforts aimed at bolstering small businesses' ability to export. The resolution reflects a bipartisan acknowledgment of the need for federal support to enhance economic viability and security for small business ecosystems nationwide.

Contention

While HCR101 itself is a commendatory resolution, potential points of contention may arise regarding the effectiveness of the federal programs it endorses. Critics may question whether the existing export promotion initiatives are adequate or sufficient to truly benefit small businesses across all sectors. Importantly, discussions may focus on the varying effectiveness of such measures depending on the industry and the specific needs of small businesses, pointing to a broader debate about government intervention and support in the marketplace.