H.Res. 503 is a symbolic resolution expressing the House of Representatives' support for designating June 11, 2025, as "World Franchise Day." The resolution recognizes the franchise business model's historical importance and contemporary role in the U.S. economy, noting that franchising supports nearly 8.8 million direct jobs and generates nearly $897 billion in economic output. The bill highlights how franchising has enabled hundreds of thousands of entrepreneurs—including minorities and veterans—to achieve business ownership and has contributed substantially to job creation across over 200 industries. There is no funding or specific timeline associated with this resolution, as it is a non-binding expression of support for an annual observance established by the World Franchise Council, an international organization comprising franchise associations from around 40 countries.
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