U.S. Senator George LeMieux (R-FL) today committed to continue working toward passage of the Small Business Lending Act. Senator LeMieux, along with Senator Mary Landrieu (D-LA), has sponsored the measure that will cut taxes for small businesses, free up capital for community banks so they can lend to small business owners, and increase export promotion tools. The Senate today could not reach agreement to end debate on the bill, effectively stalling the measure indefinitely.
"This bill should pass. This is bipartisan legislation; it will help small businesses and those looking for work. The American people expect us to do our jobs, move this forward, and that is what we should do," said LeMieux, an architect of several provisions included in the Small Business Lending Act. "This bill provides relief and it does not increase the deficit or national debt. It should receive overwhelming bipartisan support. I will continue working with my colleagues on both sides of the aisle to move this bill forward. It is important that we put partisan squabbles aside and do what is right for our economy and our country."
Senator LeMieux also included the Export Promotion Act as part of a bipartisan amendment to the Small Business Lending Act. The Export Promotion provision would increase the activities and staffing of the Department of Commerce in carrying out its mission to promote U.S. exports. It would also increase the export grants funds available to industry associations and non-profit institutions.
BACKGROUND: A number of Florida business owners and organizations support Senator LeMieux's efforts including the Associated Industries of Florida, the Small Business Council of the Florida Chamber of Commerce, the Florida Realtors Association, the Florida Bankers Association, Enterprise Florida, 60 Plus Association, and the Florida Auto Dealers Association.