H.Res. 368

Honoring the Small Business Administration on the occasion of its 50th anniversary.

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        [Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 368 Engrossed in House (EH)]

In the House of Representatives, U.S.,

September 16, 2003.
Whereas the Nation's economy is built on and draws its strength from the
creativity and entrepreneurship of its people;
Whereas the Nation's 25 million small businesses employ more than half of all
private sector employees, pay 44.5 percent of the total United States
private payroll, and generate 60 to 80 percent of all net new jobs
annually;
Whereas the men and women who own and operate the Nation's small businesses make
a vital contribution to the Nation's prosperity through their ongoing
work to create new technologies, products, and services;
Whereas small businesses produce 13 to 14 times more patents per employee than
large patenting firms, and these patents are twice as likely as large
firm patents to be among the 1 percent most cited;
Whereas the Small Business Administration was officially established in 1953 and
for the past 50 years has played a vital role in ensuring that the door
to the American Dream is truly open to all entrepreneurs;
Whereas the mission and high calling of the Small Business Administration is to
champion the interests of the Nation's entrepreneurs for the benefit of
all Americans;
Whereas the Small Business Administration is marking its 50th anniversary by
celebrating the accomplishments of small-business owners across the
country throughout the year; and
Whereas the President has designated the week beginning on Monday, September 15,
2003, as ``National Small Business Week'': Now, therefore, be it
Resolved, That the House of Representatives--
(1) supports the goals and ideals of National Small Business Week,
and the events surrounding the 50th anniversary of the founding of the
Small Business Administration;
(2) commends the Administrator and the employees of the Small
Business Administration for their work on behalf of the Nation's small
businesses; and
(3) reaffirms that the Small Business Administration, through its
loan, technical assistance, and entrepreneurial development programs,
plays an important role in assisting small businesses to ensure a
brighter, stronger future for this Nation.
Attest:

Clerk.