[Congressional Record Volume 156, Number 99 (Tuesday, June 29, 2010)]
[House]
[Pages H4913-H4914]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                             SMALL BUSINESS

  (Mrs. DAVIS of California asked and was given permission to address 
the House for 1 minute.)
  Mrs. DAVIS of California. Madam Speaker, at roundtables that I hold 
with small business owners in San Diego, there are some consistent 
themes. They all say that they need banks to lend and people to spend. 
A few also pointed out that when their businesses fail or fall behind 
on their taxes, the IRS is more than willing to work out a payment plan 
that they can afford but then slaps them with penalties that they can't 
afford.

[[Page H4914]]

  The small business lending package we passed earlier this month 
provides small business penalty relief and $3.5 billion in tax 
incentives for innovation and growth, and it gives community banks the 
lending leverage they need to help small businesses keep their doors 
open and create jobs.
  This legislation is essential for businesses in my district and 
across our country. I hope our colleagues in the Senate see the 
importance of its immediate passage.

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