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Crenshaw Votes to Help Jump Start Economy

Press Release

Location: Washington, DC

Congressman Ander Crenshaw today (3/8) voted to help jump start the nation's economy with his support of the JOBS Act (H.R. 3606), bipartisan legislation that will help small businesses and entrepreneurs grow the economy and create jobs.

"Strengthening the economy and putting Americans back to work is tops on my list, and the JOBS Act will help us get us there," said Crenshaw. "Red tape blocks job creation -- it's as simple as that. By ripping it away and giving small business owners, startups, and entrepreneurs the tools they need to expand and create jobs, we create a climate for economic growth. That's a win-win for Florida and the nation."

The bill passed the House by a vote of 390 - 23 and now moves to the United States Senate for consideration. Specifically, the legislation contains provisions that will:

* Increase capital formation,

* Spur the growth of startups and small businesses, and

* Pave the way for more small businesses to go public and create jobs.

A large number of business and organizations have backed the legislation: the U.S. Chamber of Commerce, American Bankers Association, Financial Services Forum, the Small Business and Entrepreneurship Council, SecondMarket and the Independent Community Bankers of America. In addition, the Biotechnology Industry Organization, Burroughs & Chapin Company, CONNECT, Gate Technologies, Mesirow Financial, NASDAQ OMX, National Taxpayers Union, National Venture Capital Association, NYSE Euronext, OTC Markets Group, SIFMA, Silicon Valley Bank, TechAmerica and TechNet have offered support for provisions within the JOBS Act.

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