Assemblyman No Youngjun Proposes Partial Amendment to "Gwangju City Ordinance on Support for Small Business Owners" for Legislative Notice

The partial amendment ordinance to the "Gwangju City Ordinance on Support for Small Business Owners," sponsored by Assemblyman No Youngjun of the Gwangju City Council in Gyeonggi Province, has been announced for legislative notice through the Gwangju City Council and the Gwangju City website.

No Youngjun, Member of the Gwangju City Council, Gyeonggi Province. Photo by Gwangju City Council, Gyeonggi Province

This amendment aims to establish a legal basis for supporting small business owners who suffer direct damage in unpredictable disaster situations, and to strengthen support for organizations related to small businesses in order to promote local economic development.

The amendment stipulates that when the management of small business owners is threatened by disasters as defined under the "Framework Act on the Management of Disasters and Safety," projects for damage recovery and business stabilization may be implemented. Through this, institutional support has been established to help small business owners recover quickly in the event of a disaster.

In addition, the existing provision on "support for small business organizations" has been expanded to "support for small business organizations and others," encouraging the establishment of sound organizations related to small businesses and allowing support for projects conducted by these organizations within the budget. The intention is to enhance the autonomy and activity of organizations, thereby promoting the stability and growth of small business management.

The amendment has been aligned with the Act on the Protection and Support of Small Business Owners to enhance legal consistency and to establish a system that enables practical support where needed. In particular, it is expected to contribute to revitalizing the local economy and to improving the social and economic status of small business owners.

Assemblyman No Youngjun stated, "Small business owners are the foundation of the local economy and the mainstay of neighborhood markets," adding, "I hope this amendment will help small business owners recover quickly from crises caused by disasters and enhance their competitiveness and self-reliance through support for related organizations."

This ordinance bill is scheduled to be submitted to the 319th temporary session of the Gwangju City Council after the legislative notice period from the 2nd to the 8th.

This content was produced with the assistance of AI translation services.