Small businesses are the cornerstone of our economy. I support legislation to establish a lending fund to provide community banks with capital to increase small business lending. I also support investing in innovative state small business lending programs, providing tax incentives to purchase employee health insurance coverage, reducing regulatory burdens and unnecessary paperwork, and enacting measures to spur small business creation and new jobs.
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WASHINGTON, DC—This afternoon, Congressman Sanford Bishop joined his colleagues in introducing the “Protection of Family Farmers Act of 2004,” which if enacted would extend authorization of Chapter 12 of the bankruptcy code. Chapter 12 provides a valuable bankruptcy option that allows struggling family farmers to reorganize their debt and protect their farms.