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.

Summary — SRES 703 (Session 119): National Small Business Week Resolution

1) Purpose and Intent

• SRES 703 is a resolution expressing support for designating a specific week—May 3, 2026, through May 9, 2026—as “National Small Business Week.”
• The resolution aims to recognize and celebrate the contributions of small businesses and entrepreneurs across every community in the United States.

2) Key Provisions and Changes

• Official designation: Proclaims the week of May 3–9, 2026, as National Small Business Week.
• Recognition statement: Emphasizes appreciation for the role of small businesses and entrepreneurs in job creation, innovation, and community development.
• No substantive policy changes: As a resolution, it does not create new laws, authorize spending, or modify regulatory requirements. It is a symbolic, commemorative measure.

3) Who or What Would Be Affected

• Impacted parties: Small businesses, entrepreneurs, local communities, economic development organizations, and the general public who participate in or benefit from Small Business Week activities.
• Scope: National—intended to apply across all states and territories, highlighting nationwide recognition and celebration.

4) Procedural and Timeline Aspects

• Introduction and passage: The resolution was submitted, considered, and agreed to in the Senate by Unanimous Consent.
• Date of action: Approved on April 29, 2026.
• Sponsors: A broad bipartisan slate of senators co-sponsored the measure, signaling wide cross-party support for acknowledging small businesses.

5) Practical Implications

• Public awareness: Encourages awareness and nationwide events promoting small business success, funding opportunities, and entrepreneurship resources during the designated week.
• Economic and community impact: While not creating new policy or funding, the designation can bolster morale, media coverage, and participation in small business promotion activities.
• Commemorative nature: Serves as formal recognition rather than a legislative change with enforceable duties or budgets.

If you’d like, I can provide a short comparison to similar prior resolutions designating National Small Business Week or outline typical activities that accompany such designations (e.g., events, proclamations, and outreach efforts).