[Congressional Record Volume 156, Number 132 (Tuesday, September 28, 2010)]
[Extensions of Remarks]
[Page E1751]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                    SMALL BUSINESS JOBS ACT OF 2010

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                               speech of

                           HON. JOHN J. HALL

                              of new york

                    in the house of representatives

                      Thursday, September 23, 2010

  Mr. HALL of New York. Madam Speaker, I was unavoidably detained this 
week and unable to vote on the Senate Amendment to H.R. 5297, the Small 
Business Lending Fund Act of 2010. Had I been present, I would have 
voted for this critical legislation. Earlier this year I met with small 
business leaders in the Hudson Valley and they told me that some of 
their top concerns were access to credit and the cost of doing 
business. They also strongly advocated for an extension of bonus 
depreciation to allow a quicker write-off of capital expenditures, and 
a larger start-up deduction. After these meetings, I introduced the 
Helping Small Businesses Start and Grow Act, which included a bonus 
depreciation extension, increased start-up deduction and a measure to 
help free up credit for small businesses. Similar provisions were 
included in the bill that passed the House this Wednesday. I was proud 
to vote for the Small Business Lending Fund Act when it was first 
considered in the House, and I appreciate the efforts of my colleagues 
to continue to advance these vital programs.

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