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NASE Supports Two New Bills Focusing on Small Business and Entrepreneurship
In February, the National Association for the Self-Employed announced its support of two pieces of legislation introduced in the Senate and one in the House.
The first, a bipartisan bill, the Comprehensive Resources for Entrepreneurs in the Arts to Transform the Economy Act (CREATE) Act, designed to “support small businesses in creative industries by increasing access to federal resources to help them grow.” The measure was introduced by U.S. Senators Brian Schatz (D-Hawaii) and John Cornyn (R-Texas).
The NASE highlights the support and assistance the CREATE Act offers through improved lending programs to technical assistance all lead to a targeted approach for this important business demographic as more entrepreneurs join the ranks of the self-employed and micro-business community. We believe we must continue to support this community now more than ever to continue to help strengthen and grow our local and national economy across the country.
U.S. Representative Debbie Dingell (D-MI.). has introduced companion legislation in the U.S. House of Representatives.
The second, the Promoting Local Arts and Creative Economy Workforce (PLACE) Act, would support workers and small businesses in creative industries by increasing federal resources and expanding federal benefits for those using creativity and skill in their employment” by U.S. Senator Brian Schatz (D-Hawai‘i).
This legislation is the perfect complement to the bipartisan CREATE Act — both pieces of legislation will go a long way to ensure fairness and equity in helping to strengthen a key, growing creative industry in the small business community. The support and assistance offered by both these measures provides a targeted, surgical approach to ensuring these communities will have the critical resources they need to succeed and grow. Many of these new entrepreneurs are joining the expanding self-employed small business demographic at record-breaking rates. As the small business community surges, we must continue to support it now more than ever to continue to ensure a robust local and national economy across the country.
The NASE is pleased to support these two pieces of legislation and look forward to working with our partners in the Senate and House to advance these two bills.