United States Senate Committee on Small Business and Entrepreneurship

Last updated

Senate Small Business Committee
Standing committee
Active
Seal of the United States Senate.svg
United States Senate
119th Congress
History
FormedFebruary 20, 1950
Leadership
Chair Joni Ernst (R)
Since January 3, 2025
Ranking member Ed Markey (D)
Since January 3, 2025
Structure
Seats19 members
Political partiesMajority (10)
  •   Republican (10)
Minority (9)
Jurisdiction
Oversight authority Small Business Administration
House counterpart House Committee on Small Business
Website
www.sbc.senate.gov

    The U.S. Senate Committee on Small Business and Entrepreneurship is a standing committee of the United States Senate. It has jurisdiction over the Small Business Administration and is also charged with researching and investigating all problems of American small business enterprises.

    Contents

    History

    Special Committee to Study Problems of American Small Business

    On October 8, 1940, the Senate established the Special Committee to Study and Survey Problems of Small Business Enterprises (also known as the Special Committee to Study Problems of American Small Business).

    The committee was chaired by James E. Murray (Montana. [1] : i  The other members of the special committee were:

    Bertram Myron Gross was the Chief of Research and Hearings. With funding from the Carnegie Foundation of New York, he took responsibility for producing The Fate of Small Business in Nazi Germany, written by A. R. L. Gurland, Otto Kirchheimer and Franz Neumann. [1] : iii 

    On January 31, 1949, this special committee was terminated.

    Select Committee on Small Business

    On February 20, 1950, the Select Committee on Small Business was created with approval of Senate Resolution 58 during the 81st Congress. That first committee had just nine members. It was the first select committee created by the Senate that still operates today.

    The select committee was terminated on March 25, 1981, when it became the Committee on Small Business, a standing committee. On June 29, 2001, Sen. John F. Kerry (D-Mass.) changed the name of the committee to the Committee on Small Business and Entrepreneurship. [2]

    The committee's jurisdiction has been changed several times since it was first created, through additional powers or by changing the manner in which committee members are appointed. While first established as a select committee with limited responsibilities, it now possesses virtually all the characteristics of a standing committee, as outlined under Senate Rule 25.

    During the 96th Congress, the committee acted on legislation to reauthorize the Small Business Administration that expanded the agency to include loan programs for employee ownership, Small Business Development Centers, and increased export development assistance for small businesses.

    Since its creation, the committee has held hearings on paperwork reduction and elimination (which eventually led to the Paperwork Reduction Act), capital formation, tax and securities law reform for small business, steel plant shutdowns, and the impact of inflation on governmental actions on the housing industry.

    The committee was changed from small business to Committee on Small Business and Entrepreneurship beginning in 1981.

    Jurisdiction

    Initially, the Small Business Committee only had limited oversight over the Small Business Administration. The committee was directed to report to the Senate from time to time with its recommendations regarding small business matters.

    With the adoption of S. Res. 272 during the 82nd Congress, the committee was granted subpoena power, and the ability to "sit and act at such times during the sessions, recesses, and adjourned periods of the Senate." These abilities are common to the other standing committees in the Senate. S. Res. 272 also provided for a more structured committee, with specific requirements on a quorum of members needed for the committee to conduct its business, and its own committee staff.

    S. Res. 58 stipulated that beginning with the 95th Congress, the Small Business Committee would be granted jurisdiction over all legislation relating to the Small Business Administration. This ability was granted S. Res. 104, agreed to on April 29, 1976, provided for this new jurisdiction, granting not only authority over small business legislation but additional oversight over the agency as well. The committee has also been granted the right of re-referral of legislation from other standing committees, where appropriate.

    Today, the jurisdiction of the committee is roughly the same as it was when it was first established, chiefly the Small Business Administration and the Small Investment Act. However, by tradition, the committee reviews all matters that apply to small business that are not by themselves subject to the jurisdiction over another standing committee. The committee continues to study and survey by means of research and investigation all problems of American small business enterprises, with the intent to provide advice to Congress in enacting appropriate legislation. The committee also is responsible for reviewing nominations for positions within the Small Business Administration, including its Administrator, Chief Council for Advocacy, and Inspector General.

    Members, 119th Congress

    Majority [3] Minority [4]

    Chairs

    Select Committee on Small Business

    NamePartyStateYears
    John Sparkman Democratic Alabama 1950–1953
    Edward John Thye Republican Minnesota 1953–1955
    John Sparkman Democratic Alabama 1955–1967
    George Smathers Democratic Florida 1967–1969
    Alan Bible Democratic Nevada 1969–1974
    Gaylord Nelson Democratic Wisconsin 1974–1981

    Committee on Small Business and Entrepreneurship

    NamePartyStateYears
    Lowell Weicker Republican Connecticut 1981–1987
    Dale Bumpers Democratic Arkansas 1987–1995
    Kit Bond Republican Missouri 1995–2001
    John Kerry Democratic Massachusetts 2001
    Kit Bond Republican Missouri 2001
    John Kerry Democratic Massachusetts 2001–2003
    Olympia Snowe Republican Maine 2003–2007
    John Kerry Democratic Massachusetts 2007–2009
    Mary Landrieu Democratic Louisiana 2009–2014
    Maria Cantwell Democratic Washington 2014–2015
    David Vitter Republican Louisiana 2015–2017
    Jim Risch Republican Idaho 2017–2019
    Marco Rubio Republican Florida 2019–2021
    Ben Cardin Democratic Maryland 2021–2023
    Jeanne Shaheen Democratic New Hampshire 2023–2025
    Joni Ernst Republican Iowa 2025–present

    Historical committee rosters

    118th Congress

    Majority [5] Minority [6]

    117th Congress

    MajorityMinority

    116th Congress

    MajorityMinority

    115th Congress

    MajorityMinority

    Source [7]

    See also

    References

    1. 1 2 Gurland, A. R. L.; Neumann, Franz; Kirchheimer, Otto (1943). The Fate of Small Business in Nazi Germany. Washington: United States Senate Special Committee to Study Problems of American Small Business.
    2. ↑ "History - About - U.S. Senate Committee on Small Business & Entrepreneurship". www.sbc.senate.gov. Retrieved May 8, 2017.
    3. ↑ S.Res. 16, S.Res. 26, S.Res. 38 (119th Congress)
    4. ↑ S.Res. 17 (119th Congress)
    5. ↑ S.Res. 30 (118th Congress)
    6. ↑ S.Res. 31 (118th Congress)
    7. ↑ "U.S. Senate: Committee on Small Business and Entrepreneurship". www.senate.gov. Retrieved January 8, 2017.
    This page is based on this Wikipedia article
    Text is available under the CC BY-SA 4.0 license; additional terms may apply.
    Images, videos and audio are available under their respective licenses.