Bill Text: NJ SJR27 | 2018-2019 | Regular Session | Introduced


Bill Title: Designates May of each year as "Small Business Month" in New Jersey.

Spectrum: Bipartisan Bill

Status: (Engrossed) 2018-06-18 - Reported out of Assembly Committee, 2nd Reading [SJR27 Detail]

Download: New_Jersey-2018-SJR27-Introduced.html

SENATE JOINT RESOLUTION

No. 27

STATE OF NEW JERSEY

218th LEGISLATURE

 

INTRODUCED JANUARY 27, 2018

 


 

Sponsored by:

Senator  VIN GOPAL

District 11 (Monmouth)

 

 

 

 

SYNOPSIS

     Designates May of each year as "Small Business Month" in New Jersey.

 

CURRENT VERSION OF TEXT

     As introduced.

  


A Joint Resolution designating May of each year as "Small Business Month" in New Jersey.

 

Whereas, In 1953, the federal government recognized the importance of small business in the United States by founding the Small Business Administration, which fosters small business growth through various forms of assistance; and

Whereas, Every year since 1963, the President of the United States has issued a proclamation announcing National Small Business Week, which recognizes the critical contributions of America's entrepreneurs and small business owners, and highlights the programs and services available to entrepreneurs through the Small Business Administration and other government agencies; and

Whereas, Small businesses in the United States, which are businesses with less than 500 employees, contribute to approximately half of the nation's annual gross domestic product and more than half of the nation's employment; and

Whereas, Because the United States' 28 million small businesses create nearly two out of three jobs in our economy, we must support entrepreneurial small businesses in order to create jobs and spur economic growth; and

Whereas, There are more than 820,000 small businesses in New Jersey, which comprise more than 98 percent of all New Jersey employers and employ 1.7 million workers, making up more than half of the State's workforce; and

Whereas, Small businesses support an array of local services, including professional, scientific, and technical services, retail trade, health care, real estate, food services, arts, entertainment and recreation, and construction, which generates economic activity for the entire community; and

Whereas, The storefront shops that anchor Main Street, the high-tech startups that keep America on the cutting edge, and all small business owners with energy and passion for what they do, are the backbone of our economy and the cornerstones of our nation's promise; and

Whereas, Small businesses ensure choice and diversity of products and services and they help develop and maintain strong community character and identity, defining a sense of place and pride for residents and offering incentive for tourists to visit; and

Whereas, Small businesses are the largest part of the State's economy and small businesses are integral to the State's economic health, identity, and well-being, which must be celebrated and supported; now, therefore,

 

     Be It Resolved by the Senate and General Assembly of the State of New Jersey:

     1.    The month of May of each year is designated as "Small Business Month" to recognize the vital importance of small businesses in the State and local economies, and how their success strengthens community identity and pride.

 

     2.    The Governor is requested to annually issue a proclamation calling upon public officials, private organizations, and all citizens and residents of this State to observe the month by patronizing small businesses, as well as engaging in appropriate activities and programs designed to support small businesses across the State.

 

     3.    This joint resolution shall take effect immediately.

 

 

STATEMENT

 

     This resolution designates May of each year as "Small Business Month" with the goal of recognizing the vital importance of small businesses in the State and local economies, and how their success strengthens community identity and pride. Small businesses in the United States, which are businesses with less than 500 employees, contribute to approximately half of the nation's annual GDP and more than half of the nation's employment. New Jersey was recently reported to have more than 820,000 small businesses, which comprise more than 98 percent of all New Jersey employers, and employ 1.7 million workers, making up more than 50 percent of the State's workforce.

     Small businesses support an array of other local services, including professional, scientific, and technical services, retail trade, health care, real estate, food services, arts, entertainment and recreation, and construction, which enriches the entire community. Small businesses ensure choice and diversity of products and services and they help develop and maintain strong community character and identity, defining a sense of place and pride for residents, and offering incentive for tourists to visit. Communities lose the economic and cultural benefits of small businesses when large chain stores are established because large chains often force small businesses to close, displace more jobs than they create, and redirect wealth out of the community, which underscores the importance of encouraging small businesses to flourish.

     Small businesses are the largest part of the State's economy and small businesses are integral to the State's economic health, identity, and well-being, which must be celebrated and supported.

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