Also last week Representatives Peter Roskam (6th District), Robert Dold (10th District), and Randy Hultgren (14th District) released statements on the passage of the JOBS Act. 389 House members voted to pass H.R. 3606, called the Jumpstart Our Business Startups (JOBS) Act.
The JOBS Act is endorsed by an array of pro-business groups, including the Chamber of Commerce, the Small Business and Entrepreneurship Council, and the Independent Community Bankers of America. It also has the support of entrepreneurs including AOL co-founder Steve Case.
“I applaud the House for overwhelmingly passing the commonsense, bipartisan JOBS Act that will make it easier for American small businesses to launch, grow, and create jobs. Small businesses are hurt by barriers to capital and excessive, outdated bureaucrat-imposed regulations that hurt job growth. Small businesses are the engine of the American economy and they need better.
“Fortunately, the JOBS Act will help, with bipartisan bills like Whip Kevin McCarthy’s, to remove outdated SEC regulations limiting access to capital for small businesses. It’s heartening to see President Obama support the JOBS Act, and I look forward to Senate Democrats taking it up immediately. It’s time Washington stopped hurting and started helping America’s job creators.”
“The bipartisan JOBS Act will help our small business community expand, hire, and contribute to our economy,” said Hultgren. “The JOBS Act helps small businesses access the capital they need to get started and create jobs. It also removes outdated regulatory barriers to small business growth. Roughly three-quarters of all new jobs come from small businesses, making their growth crucial to the health of our economy; I firmly believe that the JOBS Act gives them the tools they need to succeed. President Obama supports the JOBS Act, as do 390 members of the House of Representatives. I hope that the Senate will quickly vote on this commonsense jobs legislation and send it to the President.”
Robert Dold addressed the JOBS Act on the floor of the House.