Week Ahead for the House Small Business Committee: November 18-22

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Washington, Nov 15, 2013 | comments

Committee to Hold Hearings on Startups, Federal Motor Carrier Hours of Service Regulation

WASHINGTON, DC – The House Small Business Committee, chaired by Rep. Sam Graves (R-MO), today announced the schedule for the week of November 18, 2013: 

On Wednesday, November 20, at 1:00 p.m., the House Small Business Committee will conduct a hearing titled The Startup Movement. The purpose of the hearing is to examine the importance of startups to the economy, and whether distinctions between startups and small businesses necessitate different policies.

“Small businesses, and startups in particular, are the key to our job creation,” said Chairman Graves. “On average, fast-growing young companies create about twenty-seven jobs per year. I look forward to hearing from our innovative panel on how they have been successful in creating jobs and what policies may further rapid growth.”

On Thursday, November 21, at 10:00 a.m., the Subcommittee on Contracting and Workforce will conduct a hearing titled WRONG WAY: The Impact of FMCSA's Hours of Service Regulation on Small Businesses. The purpose of the hearing is to examine the economic and operational impact of the Federal Motor Carrier Safety Administration’s new hours of service regulation on small businesses, particularly those in the commercial freight and transportation logistics industries.

“Trucking is critical to commerce in our economy and more than 97 percent of our nation’s commercial motor vehicle carriers are small businesses. Many more small companies and jobs rely on trucking each and every day. However, even though highway accidents involving commercial motor vehicles declined by more than 29 percent under the agency’s previous hours of service regulations, FMCSA went ahead with new regulations that are causing negative economic and operational impacts on the trucking industry and which may also be undermining highway safety by encouraging more driving during peak hours,” Rep. Hanna said. “I look forward to learning from the witnesses how they are operating under this rule and examining how we can better balance the needs of our economy and the important goal of highway safety.”

Watch both hearings live HERE

Event Details: 

Wednesday, November 20, 2013, 1:00 p.m. EST
2360 Rayburn House Office Building
House Small Business Committee
The Startup Movement

Thursday, November 21, 2013, 10:00 a.m. EST
2360 Rayburn House Office Building
Small Business Subcommittee on Contracting and Workforce
WRONG WAY: The Impact of FMCSA's Hours of Service Regulation on Small Businesses

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