Title: Recognizing the growth and importance of minority women-owned businesses.
Policy area: Commerce

Summary:

Recognizes:

[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[H. Res. 586 Introduced in House (IH)]

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115th CONGRESS
  1st Session
H. RES. 586

     Recognizing the growth and importance of minority women-owned 
                              businesses.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                            October 25, 2017

Ms. Adams (for herself, Ms. Velazquez, Ms. Judy Chu of California, Ms. 
Clarke of New York, Mrs. Murphy of Florida, Mr. Lawson of Florida, Mr. 
 Espaillat, Mr. Evans, Mr. Schneider, Mrs. Lawrence, Mr. Grijalva, Mr. 
Hastings, Mr. Butterfield, Mr. Brady of Pennsylvania, Mr. Pallone, Ms. 
  Jackson Lee, Ms. Hanabusa, Mr. Johnson of Georgia, Ms. Norton, Ms. 
Wasserman Schultz, Mrs. Watson Coleman, Ms. Clark of Massachusetts, Mr. 
  Payne, Mr. Conyers, Mr. Moulton, Mr. Smith of Washington, Mr. Sean 
  Patrick Maloney of New York, Mr. Ellison, Mr. Crist, Ms. Bass, Mr. 
 Carson of Indiana, Mrs. Demings, Mr. McNerney, and Mr. Price of North 
Carolina) submitted the following resolution; which was referred to the 
                    Committee on Energy and Commerce

_______________________________________________________________________

                               RESOLUTION


 
     Recognizing the growth and importance of minority women-owned 
                              businesses.

Whereas the number of women-owned small businesses increased by 3.5 million from 
        2007 to 2016;
Whereas, for every 10 women-owned businesses launched since 2007, 8 were started 
        by women of color;
Whereas women now own 38 percent of all businesses in the United States;
Whereas there are currently 5 million minority women-owned small businesses;
Whereas minority women are the fastest growing group of entrepreneurs in the 
        United States;
Whereas the number of African-American women-owned firms more than doubled in 
        number, increasing by 112 percent from 2007 to 2016;
Whereas Latina-owned firms employ 550,400 workers;
Whereas there are currently 922,700 Asian-American women-owned small businesses;
Whereas Native American and Alaska Native women-owned small businesses generated 
        $10.5 billion in revenues as of 2016; and
Whereas the number of Native Hawaiian and Pacific Islander women-owned small 
        businesses more than doubled between 2007 and 2016: Now, therefore, be 
        it
    Resolved, That the House of Representatives recognizes--
            (1) the growth and importance of minority women-owned 
        businesses;
            (2) that minority women often work in low-paying jobs in 
        the traditional workforce, which means the gender salary gap, 
        child care expenses, and a lack of paid family leave impact 
        women of color more severely than other populations, and 
        expanding access to opportunities for entrepreneurship can help 
        women of color get ahead economically, serve their communities, 
        and care for their families;
            (3) that minority women entrepreneurs are paving the way 
        for women-owned businesses;
            (4) that minority women entrepreneurs are an important 
        segment to the United States domestic economy as well as the 
        world's global economy; and
            (5) that, in order to sustain the United States economy, we 
        must fully support and encourage the growth of minority women-
        owned businesses.
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