A resolution expressing support for the designation of the week of May 3, 2026, through May 9, 2026, as "National Small Business Week" to celebrate the contributions of small businesses and entrepreneurs in every community in the United States.
- Bill Number
- S.Res. 703
- Origin Chamber
- Senate
- Congress
- 119th Congress, Session 2
- Policy Area
- Commerce
- Status
- Passed Senate
- Latest Action
- 2026-04-29: Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2109; text: CR S2135)
- Last Updated
- 2026-05-21T19:06:55Z
AI-Generated Summary
Purpose
This Senate Resolution (S. Res. 703) expresses support for designating the week of May 3 through May 9, 2026, as National Small Business Week to honor the contributions of small businesses and entrepreneurs to communities across the United States.
Key Provisions
- Background facts ("Whereas" clauses):
- Every U.S. President since 1963 has declared a National Small Business Week.
- There are over 36.2 million small businesses in the U.S., supporting more than 62.3 million jobs.
- Small businesses are vital to building the U.S. economy.
- The specified week in 2026 is suitable for celebration.
- Senate actions ("Resolved" clauses):
- Honors the entrepreneurial spirit and community contributions of small businesses.
- Applauds the efforts and achievements of small business owners and employees.
- Recognizes their resilience amid challenges.
- Supports the designation of May 3–9, 2026, as National Small Business Week.
Significant Changes to Existing Law
- None. This is a non-binding resolution that does not create, amend, or repeal any laws. It is symbolic and expresses the Senate's sense only.
Potential Impacts
- Government agencies: Minimal; may encourage the Small Business Administration (SBA) or other agencies to promote events, but no mandates or funding.
- Citizens: Raises public awareness of small businesses' role; could inspire community events or recognition without legal requirements.
- International relations: None.
- Overall: Primarily ceremonial, fostering goodwill toward small businesses.
Main Stakeholders Affected
- Small business owners and entrepreneurs: Directly celebrated.
- Employees of small businesses: Recognized for contributions.
- Local communities: Highlighted as beneficiaries of small business impacts.
- Bipartisan group of Senators: Over 70 co-sponsors from both parties, indicating broad support.
Notable Legal, Constitutional, or Political Implications
- Legal/Constitutional: No implications; resolutions like this are common in Congress for recognitions and do not require presidential approval or have enforceability.
- Political: Demonstrates rare bipartisan unity (extensive list of co-sponsors) on valuing small businesses, potentially signaling support for related policies without enacting them.
This summary was generated by AI and may contain inaccuracies. Refer to the official source document for the authoritative text.
Sponsor
Cosponsors (88)
Sen. Markey, Edward J. [D-MA], Sen. Tuberville, Tommy [R-AL], Sen. Alsobrooks, Angela D. [D-MD], Sen. Justice, James C. [R-WV], Sen. Luján, Ben Ray [D-NM], Sen. Cotton, Tom [R-AR], Sen. Fetterman, John [D-PA], Sen. Grassley, Chuck [R-IA], Sen. Hirono, Mazie K. [D-HI], Sen. Lankford, James [R-OK], Sen. Whitehouse, Sheldon [D-RI], Sen. Marshall, Roger [R-KS], Sen. Reed, Jack [D-RI], Sen. Lummis, Cynthia M. [R-WY], Sen. Warren, Elizabeth [D-MA], Sen. Collins, Susan M. [R-ME], Sen. Padilla, Alex [D-CA], Sen. Daines, Steve [R-MT], Sen. Duckworth, Tammy [D-IL], Sen. Blackburn, Marsha [R-TN], Sen. Smith, Tina [D-MN], Sen. Britt, Katie Boyd [R-AL], Sen. Schumer, Charles E. [D-NY], Sen. Budd, Ted [R-NC], Sen. King, Angus S., Jr. [I-ME], Sen. Fischer, Deb [R-NE], Sen. Coons, Christopher A. [D-DE], Sen. Kennedy, John [R-LA], Sen. Warner, Mark R. [D-VA], Sen. Capito, Shelley Moore [R-WV], Sen. Rosen, Jacky [D-NV], Sen. Hyde-Smith, Cindy [R-MS], Sen. Hickenlooper, John W. [D-CO], Sen. Young, Todd [R-IN], Sen. Booker, Cory A. [D-NJ], Sen. Sheehy, Tim [R-MT], Sen. Warnock, Raphael G. [D-GA], Sen. Barrasso, John [R-WY], Sen. Klobuchar, Amy [D-MN], Sen. Cruz, Ted [R-TX], Sen. Blunt Rochester, Lisa [D-DE], Sen. Rounds, Mike [R-SD], Sen. Murphy, Christopher [D-CT], Sen. Crapo, Mike [R-ID], Sen. Slotkin, Elissa [D-MI], Sen. Cramer, Kevin [R-ND], Sen. Gallego, Ruben [D-AZ], Sen. Scott, Tim [R-SC], Sen. Durbin, Richard J. [D-IL], Sen. Risch, James E. [R-ID] and 38 more
Recent Actions
- 2026-04-29: Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent. (consideration: CR S2109; text: CR S2135)
- 2026-04-29: Passed/agreed to in Senate: Submitted in the Senate, considered, and agreed to without amendment and with a preamble by Unanimous Consent.
Bill Versions
- Expressing support for the designation of the week of May 3, 2026, through May 9, 2026, as National Small Business Week to celebrate the contributions of small businesses and entrepreneurs in every community in the United States. — issued 2026-04-29 — PDF (2 pages)