The number of Hispanic-owned businesses continues to double every ten years in the State of Texas. Today we have nearly 450,000 Hispanic-owned businesses with receipts in excess of $62 billion per year. In order to remain competitive, Texas must encourage and support the continued growth of Hispanic-owned businesses.
TAMACC supports legislation that strengthens Historically Underutilized Business (HUB) programs, bonding assistance programs for small businesses, and stronger preferences for state contracts to local Texas firms. We support creating greater opportunities for meaningful participation in state contracts. TAMACC will monitor and oppose legislation that discourages the applicability of the state’s HUB program on state contracts and/or spending.
TAMACC supports legislation that will enhance start-up Hispanic businesses and assist the growth of existing Hispanic businesses. We oppose taxes in any form that place an unfair burden on small businesses and specifically have concerns about potential amendments to the current franchise tax thresholds. TAMACC will monitor legislation that impacts the cost of gas, electric, telecommunication taxes, and other business related expenses to reduce negative impact on small businesses. TAMACC will support legislation to encourage Hispanic business growth in non-traditional businesses such as pension fund managers, insurance providers, and other potentially identified disparities etc.
TAMACC understands the positive impact of immigrants on Texas’ economy. Immigrant workers are essential to the nation and state’s business community and contribute to the growing needs of our workforce, comprising large percentages of the workforce in residential construction, and building services, agriculture and food processing, tourism, transportation, retail trade, healthcare and domestic services.
From a business perspective TAMACC acknowledges that:
1. Immigrants are workers and entrepreneurs vital to the economic growth of this nation and State;
2. Immigrants are consumers who contribute billions to our country and state’s economy;
3. Immigrants as a whole are good people caught in the ineffective and broken legal system.
As an association representing Hispanic-owned businesses, we care about business success. We care about the bottom line, but we also care for those working for our bottom line.
Security along our borders and the guarantee of a safe environment in our communities is an issue of utmost importance to all Texans. TAMACC recognizes that the oversight and enforcement of immigration laws are the responsibility of federal agencies.
In order to ensure the continuation of our border region’s growing tourism and to provide security to our border businesses, TAMACC supports the following:
1. Programs of collaboration with Mexican government to increase security on the Mexican side of the border and enhance efforts to curb rising levels of crime.
2. The infusion of state funds into local communities to increase manpower of local law enforcement agencies to address items of higher incidence of crime along the Texas borders.
3. Legislation that will help address the growing issues of border violence and crimes.
TAMACC firmly believes that education equal economics and those Texas businesses benefit from a better-educated and better-prepared workforce; therefore TAMACC supports legislation that provides public schools with equitable, sustainable, and emerging technology funding to keep pace with the growing needs of our state’s educational system and the growing number of Hispanic students.
TAMACC supports legislation that will increase the number of culturally diverse teachers in the classroom and administrators to serve as role models for our growing diverse students. We support increased classroom resources to strengthen bilingual education, and creative initiatives to reduce the dropout rates of Hispanic youth.
TAMACC recognizes that higher education is the foundation for lifelong success and economic stability. Consequently, TAMACC supports legislation that promotes successful matriculation and equal access for all children in Texas in the pursuit of higher education.
Every Texas citizen has a right to quality of life and affordable healthcare. TAMACC supports legislation that promotes healthy communities and wellness for all Texas citizens. Therefore, we support legislation that provides affordable access to health insurance for small businesses and their employees, and continued access to affordable prescription drugs.
Texas has an obligation to support the very poor who need the State’s Medicare and Medicaid match as well as low income children who have no other recourse by the state “Chip” program. The health of Texans is critical to our economic well being.
TAMACC supports initiatives that increase the investment in transportation infrastructure in the State but particularly in the fastest growing metropolitan areas. These initiatives include mobility, transit and multi-modal transportation options with local controlled public referendums to consider transportation taxes and feasible funding of the Texas Mobility Fund and the Rail Relocation Fund.
TAMACC recognizes that telecommunications consumers have numerous competitive options available to them, including alternative wire line and wireless technologies. As such, TAMACC encourages public policy makers to consider all technology options available in a market when evaluating the level of regulatory oversight required. TAMACC supports continued efforts to modernize and streamline communications laws and regulations, including removal of outdated minimum pricing rules and unnecessary reporting and regulatory filing requirements that are barriers in today’s competitive marketplace.
Further, TAMACC is opposed to establishing new regulations or taxes on communications technologies and services, including wireless, satellite and Internet technology services.
TAMACC recognizes that technological innovation and increased access to the Internet, which is so vital to small and large business, urban and rural communities and minorities alike, can only be achieved through significant private investment, not government regulation.