CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 1031Introduced by Assembly Member VillapuduaFebruary 18, 2021 An act to amend Section 63088.1 of the Government Code, relating to economic development. LEGISLATIVE COUNSEL'S DIGESTAB 1031, as introduced, Villapudua. Economic development.Existing law, the Small Business Financial Assistance Act of 2013, requires a corporation, as defined, to implement its responsibilities under the act by, among other things, performing outreach to low-resource small businesses and microbusinesses. Existing law makes related findings.This bill would make a nonsubstantive change to these findings.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO Bill TextThe people of the State of California do enact as follows:SECTION 1. Section 63088.1 of the Government Code is amended to read:63088.1. The Legislature finds all of the following:(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION Assembly Bill No. 1031Introduced by Assembly Member VillapuduaFebruary 18, 2021 An act to amend Section 63088.1 of the Government Code, relating to economic development. LEGISLATIVE COUNSEL'S DIGESTAB 1031, as introduced, Villapudua. Economic development.Existing law, the Small Business Financial Assistance Act of 2013, requires a corporation, as defined, to implement its responsibilities under the act by, among other things, performing outreach to low-resource small businesses and microbusinesses. Existing law makes related findings.This bill would make a nonsubstantive change to these findings.Digest Key Vote: MAJORITY Appropriation: NO Fiscal Committee: NO Local Program: NO
CALIFORNIA LEGISLATURE 20212022 REGULAR SESSION
Assembly Bill
No. 1031
Introduced by Assembly Member VillapuduaFebruary 18, 2021
Introduced by Assembly Member Villapudua
February 18, 2021
An act to amend Section 63088.1 of the Government Code, relating to economic development.
LEGISLATIVE COUNSEL'S DIGEST
## LEGISLATIVE COUNSEL'S DIGEST
AB 1031, as introduced, Villapudua. Economic development.
Existing law, the Small Business Financial Assistance Act of 2013, requires a corporation, as defined, to implement its responsibilities under the act by, among other things, performing outreach to low-resource small businesses and microbusinesses. Existing law makes related findings.This bill would make a nonsubstantive change to these findings.
Existing law, the Small Business Financial Assistance Act of 2013, requires a corporation, as defined, to implement its responsibilities under the act by, among other things, performing outreach to low-resource small businesses and microbusinesses. Existing law makes related findings.
This bill would make a nonsubstantive change to these findings.
## Digest Key
## Bill Text
The people of the State of California do enact as follows:SECTION 1. Section 63088.1 of the Government Code is amended to read:63088.1. The Legislature finds all of the following:(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.
The people of the State of California do enact as follows:
## The people of the State of California do enact as follows:
SECTION 1. Section 63088.1 of the Government Code is amended to read:63088.1. The Legislature finds all of the following:(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.
SECTION 1. Section 63088.1 of the Government Code is amended to read:
### SECTION 1.
63088.1. The Legislature finds all of the following:(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.
63088.1. The Legislature finds all of the following:(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.
63088.1. The Legislature finds all of the following:(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.
63088.1. The Legislature finds all of the following:
(a) Small businesses form the core of the California economy and that it is in the interest of the state states interest to increase opportunities for entrepreneurs, the self-employed, and microbusiness and small business owners to have better access to capital and other technical resources.
(b) Unemployment in California is a matter of statewide concern requiring concerted public and private action to develop employment opportunities for the disadvantaged, unemployed persons, veterans, and youth.
(c) It is necessary to direct additional capital, general management assistance, business education, and other resources to encourage the development of small business opportunities, particularly for minorities, women, and disabled persons, to alleviate unemployment.