Congressman Cole Votes for Small Business Bill of Rights
Washington, D.C. – Congressman Cole voted this week for a resolution expressing the sense of the House that American small businesses are entitled to a Small Business Bill of Rights. H. Res. 22 passed overwhelmingly in the House.
"This legislation shows that the House of Representatives is committed to small businesses and will continue to work to make sure they have the resources they need to be successful," Congressman Tom Cole said.
According to the Small Business Administration there are about 295,300 small businesses in Oklahoma.
In this legislation the Small Business Bill of Rights includes:
- The right to join together to purchase affordable health insurance for small business employees, who make up a large portion of the millions of Americans without health care coverage.
- The right to simplified tax laws that allow family-owned small businesses to survive over several generations and offer them incentives to grow.
- The right to be free from frivolous lawsuits which harm law-abiding small businesses and prevent them from creating new jobs.
- The right to be free of unnecessary, restrictive regulations and paperwork which waste the time and energy of small businesses while hurting production and preventing job creation.
- The right to relief from high energy costs, which pose a real threat to the survival of small businesses, to be accomplished by reducing the Nation's reliance on imported sources of energy and encouraging environmentally-sound domestic production and conservation of energy.
- The right to equal treatment, as compared to large businesses, when seeking access to start-up and expansion capital and credit.
- The right to open access to the Government procurement marketplace through the breaking up of large contracts to give small business owners a fair opportunity to compete for Federal contracts.