Bill Text: CA ACR42 | 2013-2014 | Regular Session | Chaptered

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Bill Title: Family Business Day.

Sponsorship: Partisan Bill (Democrat 8)

Status: (Passed) 2013-05-07 - Chaptered by Secretary of State - Res. Chapter 25, Statutes of 2013. [ACR42 Detail]

Download: California-2013-ACR42-Chaptered.html

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BILL NUMBER: ACR 42	CHAPTERED
	BILL TEXT

	RESOLUTION CHAPTER  25
	FILED WITH SECRETARY OF STATE  MAY 7, 2013
	ADOPTED IN SENATE  APRIL 29, 2013
	ADOPTED IN ASSEMBLY  APRIL 11, 2013
	AMENDED IN ASSEMBLY  APRIL 4, 2013

INTRODUCED BY   Assembly Member Daly
   (Coauthors: Assembly Members Bonilla, Ian Calderon, Perea, V.
Manuel P�rez, Quirk-Silva, Salas, and Williams)

                        APRIL 1, 2013

   Relative to Family Business Day.


	LEGISLATIVE COUNSEL'S DIGEST


   ACR 42, Daly. Family Business Day.
   This measure would declare April 11, 2013, as Family Business Day
in California and call upon the State of California to adopt policies
to encourage the growth and prosperity of family-owned businesses
within the state.



   WHEREAS, Family businesses are a mainstay of our local, state, and
national economies; and
   WHEREAS, Family businesses are characterized as organizations
controlled and usually managed by multiple family members, often from
multiple generations; and
   WHEREAS, Family businesses generate 64 percent of the nation's
GDP, employ 62 percent of the workforce, and create 75 percent of all
new jobs; and
   WHEREAS, Studies show that family businesses generate higher
returns for their shareholders and account for approximately
one-third of major listed and unlisted companies; and
   WHEREAS, Family businesses invest more in their employees'
training and benefits; and
   WHEREAS, Family businesses are less likely to lay off workers in
tough economic times; and
   WHEREAS, Family businesses engage in higher levels of
philanthropic giving and donate more to local causes; and
   WHEREAS, Family businesses are strong stewards of the environment
by virtue of their long-term perspective and sense of duty to the
past, present, and future of the state; now, therefore, be it
   Resolved by the Assembly of the State of California, the Senate
thereof concurring, That the Legislature declares April 11, 2013, as
Family Business Day in California; and be it further
   Resolved, That the State of California adopt policies to encourage
the growth and prosperity of family-owned businesses within the
state; and be it further
   Resolved, That the Chief Clerk of the Assembly transmit a copy of
this resolution to the author for appropriate distribution.