History
On December 4, 1941, the U. S. House of Representatives created the first House Select Committee on Small Business in response to a growing number of small business activists and organizations advocating for more protections and better government policies for America’s small businesses. While it had no legislative authority, the select committee became popular with House members and was reauthorized every following Congress until January 5, 1975, when it was made a permanent standing committee. House members then granted the new standing committee with certain areas of legislative jurisdiction and oversight functions, increasing its scope and influence.
Specifically, the House Small Business Committee is charged with assessing and investigating the problems of small businesses and examining the impact of general business practices and trends on small businesses. The committee has oversight and legislative authority over the Small Business Administration (SBA) and its programs, as well as provides assistance to and protection of small businesses, including financial aid and the participation of small business enterprises in federal procurement and government contracts.
The House Small Business Committee in the 110th Congress consists of 33 members, 15 Republicans and 18 Democrats
Read more about this topic: United States House Committee On Small Business
Famous quotes containing the word history:
“The principle office of history I take to be this: to prevent virtuous actions from being forgotten, and that evil words and deeds should fear an infamous reputation with posterity.”
—Tacitus (c. 55–117)
“It’s nice to be a part of history but people should get it right. I may not be perfect, but I’m bloody close.”
—John Lydon (formerly Johnny Rotten)
“Properly speaking, history is nothing but the crimes and misfortunes of the human race.”
—Pierre Bayle (1647–1706)