Bill Text: CA AB201 | 2013-2014 | Regular Session | Chaptered

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Bill Title: Office of Small Business Advocate: small business financial development corporations: Internet Web site information.

Spectrum: Partisan Bill (Democrat 1-0)

Status: (Passed) 2013-10-04 - Chaptered by Secretary of State - Chapter 529, Statutes of 2013. [AB201 Detail]

Download: California-2013-AB201-Chaptered.html

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BILL NUMBER: AB 201	CHAPTERED
	BILL TEXT

	CHAPTER  529
	FILED WITH SECRETARY OF STATE  OCTOBER 4, 2013
	APPROVED BY GOVERNOR  OCTOBER 4, 2013
	PASSED THE SENATE  AUGUST 22, 2013
	PASSED THE ASSEMBLY  AUGUST 26, 2013
	AMENDED IN SENATE  AUGUST 14, 2013
	AMENDED IN ASSEMBLY  APRIL 30, 2013

INTRODUCED BY   Assembly Member Holden

                        JANUARY 29, 2013

   An act to add Section 12098.8 to the Government Code, relating to
business.



	LEGISLATIVE COUNSEL'S DIGEST


   AB 201, Holden. Office of Small Business Advocate: small business
financial development corporations: Internet Web site information.
   Existing law creates the Office of Small Business Advocate within
the Governor's Office of Business and Economic Development. Existing
law establishes the duties and functions of the advocate, which
include advisory participation in the consideration of all
legislation and administrative regulations that affect small
businesses. Existing law also requires the office to post specified
information on its Internet Web site to assist an individual to start
a nonprofit corporation in this state.
   This bill would require the office to post specified information
on its Internet Web site regarding programs administered through the
statewide network of small business financial development
corporations.


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

  SECTION 1.  Section 12098.8 is added to the Government Code, to
read:
   12098.8.  The office shall post information on its Internet Web
site regarding the programs administered through the statewide
network of small business financial development corporations.
Programs covered shall include loan guarantees, direct lending,
surety bond guarantees, and disaster loans. Information shall be
presented in a manner appropriate to address the needs of both small
businesses and existing and potential financial institutions and
financial companies.