Bill Text: CA AB674 | 2013-2014 | Regular Session | Amended

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

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Bill Title: Microenterprise.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Passed) 2014-07-09 - Chaptered by Secretary of State - Chapter 101, Statutes of 2014. [AB674 Detail]

Download: California-2013-AB674-Amended.html

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BILL NUMBER: AB 674	AMENDED
	BILL TEXT

	AMENDED IN ASSEMBLY  JANUARY 6, 2014
	AMENDED IN ASSEMBLY  MARCH 19, 2013

INTRODUCED BY   Assembly Member Quirk-Silva
    (   Principal coauthor:   Assembly Member
  Brown   ) 

                        FEBRUARY 21, 2013

   An act to amend Section 18000 of the Business and Professions
Code, relating to small business regulations.


	LEGISLATIVE COUNSEL'S DIGEST


   AB 674, as amended, Quirk-Silva. Microenterprise.
   Existing law defines microenterprise as a sole proprietorship,
partnership, or corporation that has fewer than 5 employees,
including the owner, and generally lacks access to conventional
loans, equity, or other banking services, as provided.  Existing
law distinguishes microenterprises from small businesses or
microbusinesses.  Existing law encourages specified local
agencies to access, include, and promote local partnerships that
invest in microenterprise development, as provided.  Existing law
defines a "microenterprise development provider" to mean a nonprofit
or public agency that provides self-employment training, technical
assistance, and access to microloans to individuals seeking to become
  self-employed or to expand their current business. 
   This bill would  expand   modify  the
definition of microenterprise to  include those entities that
have fewer than 10 employees, including the owner, as prescribed
  also include a limited liability company, increase the
number of employees to 5 or fewer, and require that the entity
generally   lack sufficient access to conventional loans,
equity, or other banking services. The bill would delete those
provisions expressly distinguishing microenterprises from small
businesses or microbusinesses. The bill would modify the definition
of   microenterprise development provider to also include a
nonprofit organization or public agency that provides self-employment
training, technical assistance, and access to microloans to a
microbusiness seeking to expand its current 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.  Section 18000 of the Business and Professions Code is
amended to read:
   18000.  (a)  (1)    For purposes
of this part, "microenterprise" means a sole proprietorship,
partnership,  limited liability company,  or corporation
that meets all of the following requirements: 
   (A) 
    (1)  Has  fewer than 10   five or
fewer  employees, including the owner  , who may be part
time or full time  . 
   (B) Is part time or full time.  
   (C) 
    (2)  Generally lacks  sufficient  access to
conventional loans, equity, or other banking services. 
   (2) Microenterprises are distinct from small businesses or
microbusinesses and include, but are not limited to, businesses that
provide child development services, businesses that provide
landscaping services, businesses that provide building maintenance,
businesses that provide personal and business services, businesses
that provide specialty food products, and home-based businesses.

   (b) For purposes of this part, "microenterprise development
provider" means a nonprofit  organization  or public agency
that provides self-employment training, technical assistance, and
access to microloans to individuals seeking to become self-employed
or to  a microbusiness seeking to  expand  their
  its  current business.