A press release from Congressman Joe Walsh:
Rep. Walsh’s Small Business Protection Act Moves to House Floor
WASHINGTON- Congressman Joe Walsh (IL-8) released the following statement after his Small Business Protection Act of 2011 passed out of the Small Business Committee today and moved to the House floor.
Last month, Congressman Walsh and Congressman Gerry Connolly (VA-11) introduced the Small Business Protection Act of 2011.
This bill protects small businesses against the Small Business Administration’s (SBA) recently proposed size standards that define what businesses qualify as “small” for taxing and contracting purposes.
These new size standards lump different industries together under one size standard giving big corporations an unfair advantage over small businesses. Without this bill, small businesses will be driven out of competition for government contracting.
Walsh stated: “Small businesses are the backbone of the American economy and the engine of economic growth.
“The Small Business Protection Act will ensure that American small businesses are protected and not driven out of competition for government contracts.
“I look forward to working with the committee and members of both parties as this important bipartisan legislation moves to the House floor for a vote.
“I am confident that Democrats and Republicans will get behind this important effort to help small businesses during this economic recession.”