Working Hard for Mainers in Washington

Statement

Today, legislation authored by Maine's Second District Congressman, Bruce Poliquin, passed through the House Financial Services Committee with broad bipartisan support, just after the Congressman had his first bill, the Child Support Assistance Act, signed into law earlier in the week. In a 55-1 vote, the Committee passed Congressman Poliquin's bill, the Small Business Capital Formation Enhancement Act, which will make it easier for small businesses to access capital markets to grow and hire workers. Congressman Poliquin released the following statement:

"This legislation, which was nearly unanimously supported by my colleagues, Republicans and Democrats, in the Financial Service Committee, is a great step forward in helping Maine's small businesses and creating jobs in our State," said Congressman Poliquin.

"The Small Business Capital Formation Enhancement Act will make it easier for local businesses in Maine, which might not be able to get bank loans, to access capital markets to get the money they need to grow, hire more workers, and expand our economy.

"Small businesses can't grow without capital. This bill will give hardworking, local businesses the tools and support they need to grow and create jobs in our Second District."

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