Senator Hinojosa recognizes that small businesses are what fuels Texas’ economic engine, as they employ one out of every two Texans. As Vice Chair of the Senate Finance Committee, Senator Hinojosa has put small businesses at the forefront of Texas’ economic future.
- Voted for legislation that tripled the franchise tax exemption for small businesses and created the Texas Enterprise Zone Program that stimulates statewide investment.
- Helped secured $10 million for the Jobs and Education for Texans Program (JET).
- Passed legislation to create the Texas Small Business Assistance Advisory Task Force to identify barriers that hurt Texas job creators and to propose measures to improve small business creation in Texas.
- Authored legislation to allow small businesses to participate in the Texas Enterprise Zone Program (TEZ), one of Texas’ most successful economic development programs. The program provides sales-tax refunds and credits to businesses that create jobs and invest in economically distressed communities.