Bill Text: CA AB1260 | 2013-2014 | Regular Session | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: California family owned business.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Vetoed) 2014-09-29 - Vetoed by Governor. [AB1260 Detail]

Download: California-2013-AB1260-Introduced.html

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BILL NUMBER: AB 1260	INTRODUCED
	BILL TEXT


INTRODUCED BY   Assembly Member Medina

                        FEBRUARY 22, 2013

   An act to add Section 14633 to the Government Code, relating to
businesses.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 1260, as introduced, Medina. California family owned business.
   Existing law creates the Department of General Services that
provides centralized services, including, but not limited to,
planning, acquisition, construction, and maintenance of state
buildings and property; purchasing; printing; architectural services;
administrative hearings; and accounting services.
   This bill would define a California family owned business.
   Vote: majority. Appropriation: no. Fiscal committee: no.
State-mandated local program: no.


THE PEOPLE OF THE STATE OF CALIFORNIA DO ENACT AS FOLLOWS:

  SECTION 1.  The Legislature finds and declares the following:
   (a) The participation by all citizens in the affairs of the State
of California in every possible way serves a public purpose and
benefits the state.
   (b) It is essential that opportunity be provided for full
participation in our free enterprise system by California family
owned business enterprises.
   (c) California's 1.4 million family owned businesses employ nearly
7 million people, invest more in their employees in terms of
training and benefits, promote more women to high-level management
positions, and are less likely to lay off employees or downsize in
tough economic times.
   (d) California family owned businesses continually demonstrate
extraordinary commitment to the communities in which they operate
because they are headquartered in the state. California family owned
businesses have been shown to engage in high levels of local,
community-based philanthropic giving, and are strong stewards of the
environment by virtue of their long-term perspective and sense of
duty to past, present, and future generations within the state.
  SEC. 2.  It is the intent of the Legislature to enact legislation
that would aid, counsel, assist, and protect, to the maximum extent
feasible, the interests of California family owned businesses in
order to preserve free competitive enterprise and support family
owned enterprises.
  SEC. 3.  Section 14633 is added to the Government Code, to read:
   14633.  "California family owned business" means a business that
is independently owned and operated as a privately held enterprise by
members of a family or a partnership of families that maintains its
principal office in California, has been in business for more than 10
years, and meets both of the following requirements:
   (a) Strategic influence is exercised by family members on the
management of the business, including, but not limited to, being
active in the management, continuing to shape the culture of the
business, or serving as board members or advisors.
   (b) The business is able to demonstrate continuity across
generations or the intent for continuity across generations.