[Congressional Bills 115th Congress]
[From the U.S. Government Publishing Office]
[S. Res. 693 Agreed to Senate (ATS)]

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115th CONGRESS
  2d Session
S. RES. 693

Celebrating October 25, 2018, as the 30th anniversary of the passage of 
the Women's Business Ownership Act of 1988, while commending the unique 
  entrepreneurial spirit shared by women small business owners of the 
                             United States.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

                           November 15, 2018

 Mr. Risch (for himself, Mr. Cardin, Mr. Boozman, Ms. Duckworth, Mrs. 
  Capito, Mrs. Shaheen, Mr. Cassidy, Ms. Heitkamp, Ms. Collins, Mrs. 
Feinstein, Mr. Crapo, Mr. Booker, Mr. Daines, Mr. Markey, Mrs. Fischer, 
 Ms. Cantwell, Mr. Hatch, Mr. Coons, Mr. Hoeven, Ms. Harris, Mrs. Hyde-
 Smith, Ms. Hirono, Mr. Kennedy, Mr. Wyden, Mr. Rounds, Ms. Klobuchar, 
     Mr. Rubio, Mr. Scott, and Ms. Hassan) submitted the following 
             resolution; which was considered and agreed to

_______________________________________________________________________

                               RESOLUTION


 
Celebrating October 25, 2018, as the 30th anniversary of the passage of 
the Women's Business Ownership Act of 1988, while commending the unique 
  entrepreneurial spirit shared by women small business owners of the 
                             United States.

Whereas, on October 25, 1988, President Ronald Reagan signed the Women's 
        Business Ownership Act of 1988 (Public Law 100-533; 102 Stat. 2689) into 
        law;
Whereas there are nearly 10,000,000 women-owned businesses in the United States;
Whereas women-owned businesses employ more than 8,400,000 people of the United 
        States;
Whereas the number of women-owned businesses grew by 45 percent between 2007 and 
        2016;
Whereas women-owned businesses generate nearly $1,500,000,000,000 in sales 
        annually; and
Whereas the Women's Business Ownership Act of 1988 (Public Law 100-533; 102 
        Stat. 2689)--

    (1) empowered women entrepreneurs to independently pursue access to 
capital;

    (2) provided Federal assistance to women-owned small businesses through 
demonstration projects under the Small Business Administration, a precursor 
to the women's business center program established in 1997;

    (3) established the National Women's Business Council; and

    (4) required the Census Bureau to report on women-owned C corporations: 
Now, therefore, be it

    Resolved, That the Senate--
            (1) recognizes the important contribution women 
        entrepreneurs make to the economy of the United States;
            (2) celebrates the unique entrepreneurial spirit of women 
        small business owners in the United States;
            (3) recognizes the importance of access to capital in the 
        formation of small businesses; and
            (4) commemorates the 30th anniversary of the passage of the 
        Women's Business Ownership Act of 1988 (Public Law 100-533; 102 
        Stat. 2689).
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