Small businesses key to kick-starting Inland Empire economy: Pete Aguilar
This week, Rep. Pete Aguilar authored an editorial for the San Bernardino County Sun entitled “Small businesses key to kick-starting Inland Empire economy,” where he discussed his newest bill, the Small Business Jobs Act of 2015, which will help San Bernardino County small businesses expand and addresses the regional unemployment rate. The bill encourages businesses to hire new workers by providing a tax credit to owners in counties that experienced an average annual unemployment rate of one percentage point or higher than last year’s national average. This would apply to local businesses in both San Bernardino County and Riverside County, which showed annual average unemployment rates of 8.1 and 8.2 percent, while the national unemployment rate held at 6.2 percent.
This is Rep. Aguilar’s second bill to address job creation, following his On-the-Job Training Tax Credit Act of 2015, a bipartisan bill to increase workforce training and help small businesses grow, which he introduced in May. The full piece can be read in the San Bernardino County Sun or online here.