Title: Ensuring Economic Recovery Act
Policy area: Commerce

Summary:
Ensuring Economic Recovery Act
This bill requires the Small Business Administration to report on the recovery of small businesses from the COVID-19 (i.e., coronavirus disease 2019) pandemic and the effects on small businesses of increasing the federal minimum hourly wage to $15.

[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1718 Introduced in House (IH)]

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117th CONGRESS
  1st Session
                                H. R. 1718

 To require the Administrator of the Small Business Administration to 
 report on small business recovery and the impact of an hourly Federal 
             minimum wage increase, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 9, 2021

   Ms. Van Duyne (for herself, Mr. Luetkemeyer, Mr. Fitzgerald, Ms. 
Salazar, Mr. Garbarino, and Mr. Stauber) introduced the following bill; 
         which was referred to the Committee on Small Business

_______________________________________________________________________

                                 A BILL


 
 To require the Administrator of the Small Business Administration to 
 report on small business recovery and the impact of an hourly Federal 
             minimum wage increase, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Ensuring Economic Recovery Act''.

SEC. 2. SMALL BUSINESS ADMINISTRATION REPORTS ON SMALL BUSINESS 
              RECOVERY AND THE IMPACT OF AN HOURLY FEDERAL MINIMUM WAGE 
              INCREASE.

    (a) Initial Report.--Not later than 180 days after the date of the 
enactment of this Act, the Administrator of the Small Business 
Administration shall submit to the Committee on Small Business of the 
House of Representatives and the Committee on Small Business and 
Entrepreneurship of the Senate a report on the recovery of small 
business concerns (as defined under section 3 of the Small Business Act 
(15 U.S.C. 632)) from the coronavirus pandemic, including the effects 
of an increase in the Federal minimum hourly wage to $15--
            (1) disaggregated by industry; and
            (2) on such concerns that have less than 500 employees.
    (b) Subsequent Report.--Not later than 180 days after the date on 
which a law is enacted that proposes increasing the Federal minimum 
hourly wage to $15 or greater, the Administrator of the Small Business 
Administration shall submit to the Committee on Small Business of the 
House of Representatives and the Committee on Small Business and 
Entrepreneurship of the Senate a study on the effect of such an 
increase on small business concerns as compared to small business 
concerns that pay the current minimum wage. Such report shall include--
            (1) an analysis of the net effect on prices, or costs of 
        goods or services, provided by such concerns, disaggregated by 
        industry;
            (2) a description of the change in levels of employment and 
        work hours, including any changes in the age of employees and 
        in the number of part-time employees;
            (3) the total number of job losses associated with the 
        increase to the Federal minimum hourly wage, as reported by 
        such concerns; and
            (4) an analysis of any increase in automation associated 
        with such increase.
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