HB2

HB2

__Economy, Creating and Sustaining Jobs__ JChavez SRiley BLazor C.M.A.S- Create, Maintain, and Sustain. Employment/ economy

Sponsors- Stephen Riley, Jeziel Chavez, Bennett Lazor Eligibility- The people/ businesses eligible for this bill would include small businesses in the red zone or going into debt. Extent and duration- we will provide funding for 24.7 million small businesses (approx.) and for 138 million taxpayers

Terms and Benefits- -People affected by this bill will choose weather of not they want to be a part of it and recieve the banafits of it. This also includes the businesses going into the red zone. -Businesses in the red zone will recieve a loan of of around 10K depending on the business and its popularity. For example we would not give a bubble gum company as much as a pin company because the business in not as good for the pins. -After the business has been revitalized and has started working correctly we will then accept monthly payments of the original loans. This will collect all of the money payed for this bill and give us money towards building buildings and complexes for the new small businesses we will also create

Purpose- The purpose of this bill of this bill is to maintain small businesses. One other goal of this bill is to help small businesses grow and allow small businesses to provide the product/ service they are meaning to provide. We may achieve this by providing them with the funds needed for creating a successful business and a successful product. This will also save businesses in the red zone and allow for proper growth of the business. Many great small businesses across the US just don’t know how to get noticed or are not making the cut because of the economy and the reduced income. By creating new small businesses we will be able to create jobs and get a needed boost to the economy. Fiscal impact- For this bill we will need computers and/ or laptops on an average cost of $800, which comes to a cost of about $160,000 or more. We will also need office buildings for a cost of $2,500 for 1,200 square feet. We will also need workers to collect funds and run seminars. Because of that we will need to pay their salaries on an average cost of about $80,000 a year for a minimum cost of $16 million. This comes to a minimum total cost of $16,162,500.