Pennsylvania Senate Bill SB483

Pennsylvania 2023-2024 Regular Session

• Introduced: 3/28/23
• Refer: 3/28/23
• Engrossed: 6/21/23
• Refer: 6/22/23

Caption

Making an appropriation from a restricted revenue account within the General Fund to the Office of Small Business Advocate in the Department of Community and Economic Development.

Impact

The enactment of SB 483 is positioned to enhance support for small businesses by ensuring that the Office of Small Business Advocate can continue its operations without undue financial constraints. This funding may lead to improved services for small business owners, including better access to resources, advocacy for favorable legislation, and assistance in navigating governmental processes. The focus on small business advocacy aligns with broader efforts to stimulate economic growth and development within Pennsylvania.

Summary

Senate Bill 483 serves as a financial appropriation bill aimed at allocating $2,126,000 from a restricted revenue account within Pennsylvania's General Fund to the Office of Small Business Advocate. This funding is intended to support the operations of this office for the fiscal year from July 1, 2023, to June 30, 2024. The primary objective of the bill is to ensure that the Office of Small Business Advocate has the necessary resources to advocate for small businesses in the state and address their concerns effectively.

Sentiment

The sentiment surrounding SB 483 appears to be largely positive, with broad support among legislators. The approval of the bill in a Senate vote of 50-0 indicates a bipartisan consensus in favor of fostering an environment conducive to small business growth. Such overwhelming support reflects a recognition of the crucial role small businesses play in the state's economy and the need for their voices to be represented effectively within the governmental framework.

Contention

Despite the broad support for SB 483, discussions around funding for state agencies are always subject to scrutiny. Some potential points of contention could arise concerning the adequacy of the allotted funds and the effectiveness of the Office of Small Business Advocate in utilizing these resources to meet the needs of Pennsylvania's small business community. Although the bill passed without opposition, questions may still linger about its long-term impact on local economies and whether additional funding or initiatives may be required to address ongoing concerns faced by small business owners.