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Bill

SR 312

International Franchise Association; recognize

2025-2026 Regular Session Introduced by Jason Esteves and 7 co-sponsors

Senate Resolution 312 commends the International Franchise Association for boosting Georgia's economy, supporting 32,000 franchises and 340,600 jobs, while promoting inclusivity.

Senate Read and Adopted
0
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Bill Summary · SR 312

Summary of Senate Resolution 312 (SR 312)

Purpose and Intent

Senate Resolution 312 (SR 312) aims to recognize and commend the International Franchise Association (IFA) for its significant contributions to economic growth and small business development in Georgia and across the United States. The resolution highlights the importance of franchising as a vital component of the economy and acknowledges the IFA's role in advocating for responsible franchising practices.

Key Provisions

  • Recognition of the IFA: The resolution formally acknowledges the IFA as a leading advocate for franchising, emphasizing its efforts to protect and promote the franchise business model.
  • Economic Impact: It notes that franchising accounts for over 830,800 establishments nationwide, supporting nearly 8.8 million direct jobs and generating approximately $896 billion in economic output, which constitutes nearly 3% of the U.S. Gross Domestic Product.
  • State-Level Contributions: In Georgia, there are more than 32,000 franchise establishments, providing employment for over 340,600 individuals and contributing more than $34.6 billion annually to the state's economy.
  • Support for Underrepresented Groups: The resolution highlights how franchising has provided entrepreneurial opportunities particularly beneficial to traditionally underrepresented groups, including veterans, minorities, and women.
  • Franchise Growth in Georgia: Georgia has been recognized as the No. 1 state for franchise growth, hosting well-known brands such as Chick-fil-A and Waffle House.
  • Diverse Industry Representation: Franchising spans over 300 industry sectors, allowing individuals to operate successful businesses with the backing of established brands and operational support.

Impact

The resolution serves to:
- Acknowledge the IFA's Role: It formally commends the IFA for its advocacy and support of franchising, which is crucial for economic growth and job creation.
- Encourage Continued Success: The resolution expresses best wishes for the IFA's ongoing efforts in promoting franchising and supporting small businesses.

Procedural Aspects

  • Introduced: February 28, 2025
  • Status: The resolution was read and adopted by the Senate on March 3, 2025.
  • Distribution: The Secretary of the Senate is directed to make copies of the resolution available for distribution to the IFA.

In summary, SR 312 is a resolution that recognizes the vital role of the International Franchise Association in fostering economic growth and supporting small businesses, particularly in Georgia, while also promoting inclusivity in entrepreneurship.

Compiled from official sources — confirm details with the bill’s official record.

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