A resolution commemorating June 11, 2025, as "World Franchise Day".
- Bill Number
- S.Res. 271
- Origin Chamber
- Senate
- Congress
- 119th Congress, Session 1
- Policy Area
- Commerce
- Status
- Introduced
- Latest Action
- 2025-06-11: Referred to the Committee on the Judiciary. (text: CR S3348-3349)
- Last Updated
- 2025-07-21T19:32:26Z
AI-Generated Summary
Purpose
This Senate resolution aims to recognize and celebrate the contributions of franchising to the U.S. economy, entrepreneurship, and job creation by designating June 11, 2025, as "World Franchise Day." It highlights franchising's historical roots and global significance, initiated by the World Franchise Council.
Key Provisions
- Background on Franchising: The resolution outlines franchising's history, starting with Benjamin Franklin in 1731 and Isaac Singer in the mid-19th century, and its evolution into a model used in over 200 industries, such as education centers, restaurants, fitness clubs, and auto shops.
- Economic and Social Benefits: It notes that franchising supports 830,876 establishments, nearly 8.8 million direct jobs, $896.9 billion in economic output, and contributes about 3% to U.S. gross domestic product (GDP). It also emphasizes opportunities for minorities (26% ownership rate) and veterans (14% ownership rate), skill development for workers, and empowerment of entrepreneurs from diverse backgrounds.
- Commemoration: The Senate formally declares June 11, 2025, as "World Franchise Day" to honor franchising's role in fostering business ownership, job creation, and community development.
Significant Changes to Existing Law
This is a non-binding resolution with no legal force or amendments to existing laws. It does not create new regulations, obligations, or penalties; it serves solely as a symbolic acknowledgment.
Potential Impacts
- On Citizens and Economy: The resolution raises public awareness of franchising as a pathway to the "American Dream" for entrepreneurs, potentially encouraging more individuals—especially minorities and veterans—to pursue franchise opportunities. It underscores franchising's role in job creation and skills training across communities.
- On Government Agencies: No direct impacts; it may indirectly support economic development initiatives by highlighting a key business sector, but it imposes no new duties on agencies like the Small Business Administration.
- On International Relations: Minimal impact, though it recognizes the global World Franchise Council (with over 40 national associations), potentially fostering goodwill in international business discussions on entrepreneurship.
Main Stakeholders Affected
- Franchise Owners and Entrepreneurs: Aspiring and current business owners who benefit from the model's support for independent operations under established brands.
- Workers and Employees: Millions employed in franchises, gaining foundational skills and career development.
- Minorities and Veterans: Groups highlighted for higher ownership rates, promoting inclusive economic opportunities.
- Franchising Industry: Associations like the World Franchise Council and U.S.-based franchise businesses, receiving symbolic endorsement.
- Communities: Local areas with franchise establishments, which drive economic output and job growth.
Notable Legal, Constitutional, or Political Implications
- Legal/Constitutional: None significant, as this is a simple resolution under Senate rules (non-binding and not requiring presidential approval). It aligns with Congress's power to express policy views without enacting law.
- Political: Demonstrates bipartisan support (introduced by Senators Mullin and Coons from different parties) for pro-business initiatives, potentially signaling encouragement for small business and economic growth policies. It has no enforceable effects but could influence future discussions on franchise regulations or support programs.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Cosponsors (2)
Sen. Coons, Christopher A. [D-DE], Sen. Hawley, Josh [R-MO]
Recent Actions
- 2025-06-11: Referred to the Committee on the Judiciary. (text: CR S3348-3349)
- 2025-06-11: Introduced in Senate
Bill Versions
- Commemorating June 11, 2025, as World Franchise Day. — issued 2025-06-11 — PDF (3 pages)