S.Res.201 - Expressing support for the designation of the week of May 4, 2025, through May 10, 2025, as National Small Business Week to celebrate the contributions of small businesses and entrepreneurs in every community in the United States. (119th Congress)
Summary
Senate Resolution 201 expresses support for designating the week of May 4, 2025, through May 10, 2025, as "National Small Business Week." This resolution aims to celebrate the contributions of small businesses and entrepreneurs to the United States economy and communities. The resolution acknowledges the significant role small businesses play in job creation and economic growth.
Expected Effects
The resolution itself does not enact any laws or allocate funding. Its primary effect is symbolic, raising awareness and showing support for small businesses. This recognition could potentially encourage more people to support small businesses and entrepreneurship.
Potential Benefits
- Acknowledges the vital role of small businesses in the US economy.
- Celebrates the entrepreneurial spirit and contributions of small business owners.
- Raises awareness of the challenges and resilience of small businesses.
- Potentially encourages increased support for small businesses from consumers and policymakers.
- Reinforces the importance of small businesses to local communities.
Potential Disadvantages
- The resolution is largely symbolic and does not provide direct financial or regulatory support to small businesses.
- It does not address specific challenges faced by small businesses, such as access to capital or regulatory burdens.
- The resolution's impact is limited to raising awareness and does not guarantee concrete policy changes.
- There are no direct disadvantages, but the lack of tangible action might lead to disappointment among small business owners expecting more substantial support.
- The resolution does not address potential negative impacts of small businesses, such as environmental concerns or labor practices.
Constitutional Alignment
The resolution aligns with the spirit of the Constitution, particularly the goal of promoting the general welfare as stated in the Preamble. While the Constitution does not explicitly mention small businesses, supporting them can be seen as contributing to economic prosperity and community well-being, which aligns with the broader goals outlined in the Constitution. Article 1, Section 8 gives Congress the power to lay and collect taxes, duties, imposts and excises, to pay the debts and provide for the common defense and general welfare of the United States.
Impact Assessment: Things You Care About ⓘ
This action has been evaluated across 19 key areas that matter to you. Scores range from 1 (highly disadvantageous) to 5 (highly beneficial).