United States House Committee On Small Business - History

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:

    Every literary critic believes he will outwit history and have the last word.
    Mason Cooley (b. 1927)

    While the Republic has already acquired a history world-wide, America is still unsettled and unexplored. Like the English in New Holland, we live only on the shores of a continent even yet, and hardly know where the rivers come from which float our navy.
    Henry David Thoreau (1817–1862)

    “And now this is the way in which the history of your former life has reached my ears!” As he said this he held out in his hand the fatal letter.
    Anthony Trollope (1815–1882)